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Washington Trust Company Has Boosted Its Ansys (ANSS) Holding; As United Parcel Service (UPS) Shares Declined, Shareholder Palisade Asset Management Has Raised Its Stake

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Palisade Asset Management Llc increased its stake in United Parcel Service Inc (UPS) by 15.58% based on its latest 2017Q4 regulatory filing with the SEC. Palisade Asset Management Llc bought 2,000 shares as the company’s stock declined 13.88% with the market. The institutional investor held 14,833 shares of the transportation company at the end of 2017Q4, valued at $1.77 billion, up from 12,833 at the end of the previous reported quarter. Palisade Asset Management Llc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $99.64 billion market cap company. The stock increased 0.30% or $0.35 during the last trading session, reaching $115.63. About 2.30 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 2.49% since May 25, 2017 and is downtrending. It has underperformed by 14.04% the S&P500.

Washington Trust Company increased its stake in Ansys Inc (ANSS) by 360.18% based on its latest 2017Q4 regulatory filing with the SEC. Washington Trust Company bought 2,053 shares as the company’s stock rose 7.08% while stock markets declined. The institutional investor held 2,623 shares of the technology company at the end of 2017Q4, valued at $387,000, up from 570 at the end of the previous reported quarter. Washington Trust Company who had been investing in Ansys Inc for a number of months, seems to be bullish on the $13.71 billion market cap company. The stock decreased 0.57% or $0.94 during the last trading session, reaching $163.22. About 483,057 shares traded or 8.75% up from the average. ANSYS, Inc. (NASDAQ:ANSS) has risen 48.65% since May 25, 2017 and is uptrending. It has outperformed by 37.10% the S&P500.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.09, from 1.14 in 2017Q3. It is positive, as 59 investors sold UPS shares while 372 reduced holdings. 107 funds opened positions while 422 raised stakes. 448.80 million shares or 0.57% less from 451.38 million shares in 2017Q3 were reported. Nexus Investment Management owns 0.13% invested in United Parcel Service, Inc. (NYSE:UPS) for 7,450 shares. Granite Limited Co holds 17,025 shares. Retirement Systems Of Alabama has 0.22% invested in United Parcel Service, Inc. (NYSE:UPS) for 379,371 shares. Los Angeles Cap & Equity Research Inc reported 99,372 shares. Macroview Investment Management Ltd owns 0.39% invested in United Parcel Service, Inc. (NYSE:UPS) for 700 shares. Bridges Inv Management holds 0.19% or 20,064 shares in its portfolio. Ingalls And Snyder Lc has 4,780 shares. Gould Asset Lc Ca reported 2,300 shares stake. Lpl Fin Limited Liability owns 222,285 shares. Commercial Bank Of Mellon has invested 0.19% in United Parcel Service, Inc. (NYSE:UPS). Pitcairn owns 3,949 shares or 0.05% of their US portfolio. Reilly Herbert Faulkner Iii reported 8,563 shares. Jacobs & Communications Ca has 1.57% invested in United Parcel Service, Inc. (NYSE:UPS) for 73,254 shares. Texas Permanent School Fund accumulated 0.28% or 187,560 shares. Iat Reinsurance Ltd holds 20,000 shares.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Bizjournals.com which released: “UPS hiring 1700 for new Salt Lake City hub” on May 22, 2018, also Globenewswire.com with their article: “UPS Facility Technology Wins Prestigious Innovation Award” published on May 10, 2018, Globenewswire.com published: “UPS Holds Shareowners’ Meeting, Elects Board Members” on May 10, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Globenewswire.com and their article: “CR Magazine Names UPS A “Best Corporate Citizen” Ninth Year In Row” published on May 07, 2018 as well as Benzinga.com‘s news article titled: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” with publication date: May 24, 2018.

Palisade Asset Management Llc, which manages about $645.77M and $631.82B US Long portfolio, decreased its stake in General Dynamics Corp (NYSE:GD) by 3,137 shares to 50,982 shares, valued at $10.37B in 2017Q4, according to the filing. It also reduced its holding in Church & Dwight Co Inc (NYSE:CHD) by 2,000 shares in the quarter, leaving it with 7,140 shares, and cut its stake in Genuine Parts Co (NYSE:GPC).

Since February 26, 2018, it had 0 insider purchases, and 2 insider sales for $650,730 activity. McClure Teri P had sold 4,500 shares worth $480,600 on Monday, February 26.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. United Parcel Service had 75 analyst reports since July 29, 2015 according to SRatingsIntel. Stephens maintained the stock with “Hold” rating in Thursday, February 1 report. As per Tuesday, September 22, the company rating was maintained by S&P Research. The company was maintained on Monday, July 17 by Cowen & Co. Zacks upgraded it to “Buy” rating and $112 target in Thursday, September 17 report. The firm has “Sell” rating given on Monday, December 11 by Morgan Stanley. The rating was maintained by Robert W. Baird with “Hold” on Sunday, February 11. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Tuesday, February 20 by Edward Jones. Stephens maintained the stock with “Hold” rating in Monday, January 8 report. Stifel Nicolaus maintained the shares of UPS in report on Thursday, July 27 with “Hold” rating. The rating was maintained by Susquehanna on Wednesday, January 17 with “Hold”.

Among 16 analysts covering Ansys Inc. (NASDAQ:ANSS), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Ansys Inc. had 38 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, November 3, the company rating was maintained by Citigroup. KeyBanc Capital Markets maintained the shares of ANSS in report on Wednesday, September 27 with “Hold” rating. The company was maintained on Friday, September 29 by Robert W. Baird. The firm earned “Hold” rating on Friday, June 9 by Evercore. The stock of ANSYS, Inc. (NASDAQ:ANSS) has “Buy” rating given on Friday, November 3 by Robert W. Baird. Citigroup initiated ANSYS, Inc. (NASDAQ:ANSS) rating on Friday, September 22. Citigroup has “Hold” rating and $125.0 target. Barclays Capital downgraded ANSYS, Inc. (NASDAQ:ANSS) on Friday, January 6 to “Underweight” rating. The stock of ANSYS, Inc. (NASDAQ:ANSS) earned “Buy” rating by Berenberg on Friday, May 4. The firm has “Hold” rating given on Friday, November 4 by Benchmark. Wedbush maintained ANSYS, Inc. (NASDAQ:ANSS) on Friday, February 24 with “Neutral” rating.

More recent ANSYS, Inc. (NASDAQ:ANSS) news were published by: Streetinsider.com which released: “ANSYS (ANSS) Acquires OPTIS” on May 02, 2018. Also Seekingalpha.com published the news titled: “ANSYS, Inc. 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018. Prnewswire.com‘s news article titled: “ANSYS Awarded 2018 Achievement In Customer Excellence” with publication date: May 22, 2018 was also an interesting one.

Washington Trust Company, which manages about $1.78B US Long portfolio, decreased its stake in Ishares Tr (IWR) by 9,600 shares to 253,994 shares, valued at $52.86M in 2017Q4, according to the filing. It also reduced its holding in Walgreens Boots Alliance by 11,741 shares in the quarter, leaving it with 4,086 shares, and cut its stake in Ibm Corp (NYSE:IBM).

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.08, from 0.97 in 2017Q3. It dropped, as 26 investors sold ANSS shares while 182 reduced holdings. 73 funds opened positions while 113 raised stakes. 77.82 million shares or 1.78% less from 79.23 million shares in 2017Q3 were reported. 8,387 are held by Koshinski Asset Management Incorporated. Moreover, California State Teachers Retirement System has 0.04% invested in ANSYS, Inc. (NASDAQ:ANSS) for 141,155 shares. Invesco accumulated 0.02% or 454,844 shares. Qs Limited Com holds 2,708 shares or 0% of its portfolio. Tiedemann Wealth Mgmt Ltd accumulated 0.04% or 3,140 shares. Telemus Ltd Liability Com invested 0.23% of its portfolio in ANSYS, Inc. (NASDAQ:ANSS). New York-based Metropolitan Life Ins Company New York has invested 0.03% in ANSYS, Inc. (NASDAQ:ANSS). Benjamin F Edwards And Incorporated reported 2,178 shares. 64,303 were accumulated by Apg Asset Nv. Hong Kong-based Point72 Asia (Hong Kong) has invested 0% in ANSYS, Inc. (NASDAQ:ANSS). Axa has invested 0.01% in ANSYS, Inc. (NASDAQ:ANSS). Boston Family Office Llc holds 124,940 shares. Raymond James Assoc holds 27,412 shares or 0.01% of its portfolio. Sit Associate Inc holds 45,245 shares or 0.16% of its portfolio. Cambridge Fincl Gru accumulated 50,919 shares.

Since February 1, 2018, it had 0 buys, and 7 sales for $9.19 million activity. 944 shares were sold by HINDSBO MARK, worth $156,610. 862 ANSYS, Inc. (NASDAQ:ANSS) shares with value of $136,196 were sold by CASHMAN JAMES E III. The insider SHIELDS MARIA T sold 25,000 shares worth $4.06 million. 1,222 shares valued at $199,149 were sold by ZACK MATTHEW C. on Saturday, April 28. Shares for $4.04M were sold by MORLEY BRADFORD C.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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