Moloney Securities Asset Management LLC acquired a new position in Stratasys Ltd (NASDAQ:SSYS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 24,000 shares of the technology company’s stock, valued at approximately $485,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC purchased a new position in shares of Stratasys in the third quarter worth about $33,000. Sciencast Management LP purchased a new position in Stratasys during the 4th quarter valued at about $243,000. Steward Partners Investment Advisory LLC increased its holdings in Stratasys by 2,240.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 11,700 shares of the technology company’s stock valued at $236,000 after purchasing an additional 11,200 shares during the period. Commerzbank Aktiengesellschaft FI increased its holdings in Stratasys by 59.1% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 17,891 shares of the technology company’s stock valued at $381,000 after purchasing an additional 6,648 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Stratasys by 147.9% during the 4th quarter. SG Americas Securities LLC now owns 25,586 shares of the technology company’s stock valued at $517,000 after purchasing an additional 15,263 shares during the period. Hedge funds and other institutional investors own 78.19% of the company’s stock.
Shares of NASDAQ:SSYS opened at $19.77 on Friday. Stratasys Ltd has a 1 year low of $17.70 and a 1 year high of $30.60. The company has a market cap of $1.11 billion, a PE ratio of 78.42, a P/E/G ratio of 2.65 and a beta of 2.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.93 and a quick ratio of 2.98. The stock’s 50-day moving average is $20.08 and its 200 day moving average is $21.17.
Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.11. The business had revenue of $157.50 million for the quarter, compared to analysts’ expectations of $162.11 million. Stratasys had a positive return on equity of 1.18% and a negative net margin of 0.27%. The business’s revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.11 EPS. Analysts expect that Stratasys Ltd will post 0.24 EPS for the current fiscal year.
A number of research analysts recently issued reports on the company. ValuEngine upgraded Stratasys from a “hold” rating to a “buy” rating in a report on Tuesday, February 4th. Loop Capital reduced their price target on Stratasys to $18.00 and set a “hold” rating on the stock in a report on Thursday, November 14th. Piper Jaffray Companies restated an “overweight” rating and set a $26.00 price target (down previously from $32.00) on shares of Stratasys in a report on Wednesday, November 13th. BidaskClub upgraded Stratasys from a “sell” rating to a “hold” rating in a report on Thursday. Finally, William Blair restated a “sell” rating on shares of Stratasys in a report on Monday, October 21st. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Stratasys presently has an average rating of “Hold” and a consensus target price of $22.00.
Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content.
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