Ansys (ANSS) Market Value Rose While Boston Family Office Lowered Its Position; Check Capital Management Increases Stake in Fedex (FDX)

August 12, 2018 - By Vernon Prom

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Boston Family Office Llc decreased its stake in Ansys Inc. (ANSS) by 16.36% based on its latest 2018Q1 regulatory filing with the SEC. Boston Family Office Llc sold 20,434 shares as the company’s stock rose 0.40% while stock markets declined. The institutional investor held 104,506 shares of the technology company at the end of 2018Q1, valued at $16.38M, down from 124,940 at the end of the previous reported quarter. Boston Family Office Llc who had been investing in Ansys Inc. for a number of months, seems to be less bullish one the $14.46 billion market cap company. The stock decreased 0.28% or $0.48 during the last trading session, reaching $171.53. About 308,565 shares traded. ANSYS, Inc. (NASDAQ:ANSS) has risen 28.61% since August 12, 2017 and is uptrending. It has outperformed by 16.04% the S&P500. Some Historical ANSS News: 26/04/2018 – Penguin Computing Named an ANSYS Advanced Solutions Partner; 02/05/2018 – Ansys Sees 2Q Rev $269.5M-$289.5M; 02/05/2018 – ANSYS 1Q ADJ EPS $1.20, EST. $1.04; 02/05/2018 – ANSYS SEES 2Q ADJ REV $272.0M TO $292.0M, EST. $291.2M; 22/03/2018 ANSYS To Acquire Optical Simulation Leader OPTIS; 11/05/2018 – ANSYS LTD – BOARD’S DECISION TO CHANGE NAME TO ETION LIMITED; 02/05/2018 – ANSYS BUYS OPTIS, BECOMES INDUSTRY’S LEADING SOLUTION PROVIDER; 04/05/2018 – ANSYS INC ANSS.O : WEDBUSH RAISES TARGET PRICE TO $163 FROM $160; 02/05/2018 – Ansys 1Q EPS 98c; 02/05/2018 – ANSYS BOOSTS OUTLOOK FOR FY 2018 REV

Check Capital Management Inc increased its stake in Fedex (FDX) by 10.77% based on its latest 2018Q1 regulatory filing with the SEC. Check Capital Management Inc bought 26,494 shares as the company’s stock declined 1.18% with the market. The hedge fund held 272,542 shares of the air freight and delivery services company at the end of 2018Q1, valued at $65.44 million, up from 246,048 at the end of the previous reported quarter. Check Capital Management Inc who had been investing in Fedex for a number of months, seems to be bullish on the $64.29B market cap company. The stock decreased 1.24% or $3.04 during the last trading session, reaching $241.76. About 1.48M shares traded. FedEx Corporation (NYSE:FDX) has risen 29.10% since August 12, 2017 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical FDX News: 21/03/2018 – FDX: #Breaking: Just told by FedEx employee – facility west of ABIA being evacuated for suspicious package call. @KVUE #AustinBombings – ! $FDX; 20/03/2018 – FedEx to Place FedEx Office Locations in Walmart Stores Over Next Two Years; 20/03/2018 – Global National: BREAKING: A package containing nails and shrapnel exploded at a FedEx centre in Texas early Tuesday morning,; 20/03/2018 – Global Edmonton: BREAKING: A package containing nails and shrapnel exploded at a FedEx centre in Texas early Tuesday morning,; 21/03/2018 – FedEx Earnings: The Whole Package? — Barron’s Blog; 20/03/2018 – New York Post: Austin bomber mailed second explosive from same FedEx location; 20/03/2018 – Fifth device explodes in Texas; White House sees no link to terrorism; 20/03/2018 – NBC Montana: BREAKING OVERNIGHT: A package destined for an address in Austin exploded inside a FedEx distribution facility; 20/03/2018 – FedEx Sees FY Adj EPS $17.90-Adj EPS $18.30; 20/03/2018 – FEDEX CORP – QTRLY EXPRESS SEGMENT GAAP REV $9.37 BLN VS $8.57 BLN

Boston Family Office Llc, which manages about $1.02 billion and $876.80M US Long portfolio, upped its stake in Verizon Communications (NYSE:VZ) by 111,817 shares to 176,828 shares, valued at $8.46M in 2018Q1, according to the filing. It also increased its holding in Aflac Corp (NYSE:AFL) by 88,052 shares in the quarter, for a total of 176,104 shares, and has risen its stake in Te Connectivity (NYSE:TEL).

Among 17 analysts covering Ansys Inc. (NASDAQ:ANSS), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Ansys Inc. had 42 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, August 8 the stock rating was maintained by Barclays Capital with “Underweight”. The rating was maintained by Barclays Capital with “Underweight” on Friday, September 15. The firm has “Hold” rating by Evercore given on Thursday, September 15. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, January 17. Robert W. Baird maintained ANSYS, Inc. (NASDAQ:ANSS) rating on Friday, September 29. Robert W. Baird has “Buy” rating and $130.0 target. The company was initiated on Tuesday, February 9 by Mitsubishi UFJ. On Monday, July 17 the stock rating was initiated by Goldman Sachs with “Hold”. J.P. Morgan maintained the shares of ANSS in report on Thursday, September 14 with “Sell” rating. The firm earned “Hold” rating on Wednesday, September 27 by KeyBanc Capital Markets. The stock of ANSYS, Inc. (NASDAQ:ANSS) has “Hold” rating given on Tuesday, October 31 by KeyBanc Capital Markets.

More notable recent ANSYS, Inc. (NASDAQ:ANSS) news were published by: Seekingalpha.com which released: “ANSYS, Inc. 2018 Q2 – Results – Earnings Call Slides” on August 07, 2018, also Seekingalpha.com with their article: “ANSYS (ANSS) Q2 2018 Results – Earnings Call Transcript” published on August 07, 2018, Seekingalpha.com published: “PTC’s Transition Is Paying Off” on July 21, 2018. More interesting news about ANSYS, Inc. (NASDAQ:ANSS) were released by: Nasdaq.com and their article: “ANSYS to Release Second Quarter 2018 Earnings Results After Market Close on August 6, 2018” published on July 17, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For August 8, 2018” with publication date: August 08, 2018.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.03, from 0.89 in 2017Q4. It dropped, as 22 investors sold ANSS shares while 185 reduced holdings. 66 funds opened positions while 113 raised stakes. 75.68 million shares or 2.75% less from 77.82 million shares in 2017Q4 were reported. Janney Montgomery Scott Limited Com reported 0.02% in ANSYS, Inc. (NASDAQ:ANSS). Dekabank Deutsche Girozentrale invested in 0.07% or 63,916 shares. Hall Laurie J Trustee reported 130 shares stake. Pub Sector Pension Board stated it has 4,619 shares. Paradigm Asset Lc has 0% invested in ANSYS, Inc. (NASDAQ:ANSS) for 150 shares. Washington Trust Natl Bank owns 146 shares or 0% of their US portfolio. Ls Investment Advisors Ltd Liability Company holds 4,206 shares. Capital Fund Mngmt Sa invested in 30,300 shares or 0.03% of the stock. Sands Cap Management Limited Liability Corporation stated it has 53,145 shares. Wms Ptnrs Limited Liability Com reported 2,707 shares. Great West Life Assurance Can has 86,971 shares for 0.03% of their portfolio. Robeco Institutional Asset Bv owns 97,044 shares. Teachers Retirement Of The State Of Kentucky reported 9,400 shares. Tocqueville Asset Lp reported 0% in ANSYS, Inc. (NASDAQ:ANSS). 98,924 are held by Natl Pension.

Since February 15, 2018, it had 0 buys, and 9 insider sales for $16.75 million activity. The insider CASHMAN JAMES E III sold 40,254 shares worth $6.59M. $263,088 worth of ANSYS, Inc. (NASDAQ:ANSS) was sold by MAHONEY RICHARD S.. $156,610 worth of ANSYS, Inc. (NASDAQ:ANSS) was sold by HINDSBO MARK on Thursday, March 8. 24,500 shares were sold by MORLEY BRADFORD C, worth $4.04 million on Wednesday, March 7. $613,442 worth of stock was sold by Gopal Ajei on Monday, May 21.

Check Capital Management Inc, which manages about $796.94M and $1.88 billion US Long portfolio, decreased its stake in Anheuser (NYSE:BUD) by 20,000 shares to 44,310 shares, valued at $4.87M in 2018Q1, according to the filing. It also reduced its holding in Fastenal (NASDAQ:FAST) by 62,700 shares in the quarter, leaving it with 78,179 shares, and cut its stake in Spdr S&P 500 (SPY).

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Benzinga.com which released: “Volvo Q2 Sales Exceed 100 Billion Kronor For The First Time As Sales Figures Rise Up By 18% Globally” on July 19, 2018, also Benzinga.com with their article: “Toys ‘R’ Us Bankruptcy Leaves Retailers Anxious To Pick Up The Slack” published on August 09, 2018, Benzinga.com published: “Why Amazon’s Supply Chain Ambitions Should Have Logistics Companies Worried” on July 27, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “Is The Market Too Cautious On FedEx?” published on July 22, 2018 as well as Benzinga.com‘s news article titled: “Forward Air Stock Pops 6.45% On Earnings Beat” with publication date: July 27, 2018.

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.21, from 1.21 in 2017Q4. It worsened, as 58 investors sold FDX shares while 414 reduced holdings. 113 funds opened positions while 359 raised stakes. 192.41 million shares or 0.69% less from 193.75 million shares in 2017Q4 were reported. Axa holds 0.07% or 77,380 shares. Tiedemann Advsr Ltd Llc owns 5,582 shares. 22,865 are owned by Haverford Svcs Inc. Point72 Asia (Hong Kong) reported 0.19% stake. Mcmillion Mgmt Inc accumulated 23,179 shares. Moors And Cabot stated it has 0.06% in FedEx Corporation (NYSE:FDX). 380,419 were reported by Credit Suisse Ag. Fincl Counselors holds 0.07% or 5,750 shares in its portfolio. Mogy Joel R Invest Counsel invested in 1,850 shares. Pension reported 0.27% of its portfolio in FedEx Corporation (NYSE:FDX). Private Ocean Lc reported 386 shares stake. Moreover, David R Rahn And has 1.48% invested in FedEx Corporation (NYSE:FDX) for 6,257 shares. Covington Capital Mgmt stated it has 0.28% in FedEx Corporation (NYSE:FDX). Green Square Cap Ltd Liability has invested 0.69% of its portfolio in FedEx Corporation (NYSE:FDX). Indiana-based Woodley Farra Manion has invested 3.9% in FedEx Corporation (NYSE:FDX).

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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