Ownership Capital B.v. adds ANSYS (ANSS) to its portfolio

ANSYS (ANSS) : Ownership Capital B.v. added new position in ANSYS during the most recent quarter end. The investment management firm now holds 330,347 shares of ANSYS which is valued at $29,638,733 , the company said in a statement filed on Jul 26, 2016 with the SEC.ANSYS makes up approximately 4.51% of Ownership Capital B.v.’s portfolio.

Other Hedge Funds, Including , North Point Portfolio Managers Corpoh reduced its stake in ANSS by selling 5,758 shares or 2.74% in the most recent quarter. The Hedge Fund company now holds 204,053 shares of ANSS which is valued at $18,307,635. ANSYS makes up approx 3.50% of North Point Portfolio Managers Corpoh’s portfolio.Capstone Asset Management Co boosted its stake in ANSS in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 7,600 shares of ANSYS which is valued at $690,916. ANSYS makes up approx 0.02% of Capstone Asset Management Co’s portfolio.Benjamin F. Edwards Company reduced its stake in ANSS by selling 3,977 shares or 88.59% in the most recent quarter. The Hedge Fund company now holds 512 shares of ANSS which is valued at $46,546. ANSYS makes up approx 0.01% of Benjamin F. Edwards Company’s portfolio.

ANSYS closed down -0.71 points or -0.79% at $89.36 with 6,05,360 shares getting traded on Friday. Post opening the session at $90.25, the shares hit an intraday low of $88.99 and an intraday high of $90.85 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, ANSYS reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.76. The company had revenue of $226.00 million for the quarter, compared to analysts expectations of $228.66 million. The company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.

Many Wall Street Analysts have commented on ANSYS. ANSYS was Initiated by Goldman to “Neutral” on May 26, 2016. Shares were Downgraded by Wedbush on May 6, 2016 to ” Neutral” and Lowered the Price Target to $ 86 from a previous price target of $91 .

ANSYS Inc. (ANSYS) develops and markets engineering simulation software and services. The Company offers the suite to engineers designers researchers and students and for industries and academia including aerospace automotive manufacturing electronics biomedical energy and defense. The Company’s product portfolio consists of ANSYS Workbench Structures Fluids Electronics Systems and Academic. ANSYS Workbench is the framework upon which the Company’s suite of engineering simulation technologies is built. The structures product suite offers simulation tools for product design and optimization. The fluids product suite enables modeling of fluid flow. The Company’s system simulation capability is to design automated products. The academic product suite provides a portfolio of academic products-based on usage tiers such as associate research and teaching.

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