Barclays PLC Has $326,000 Stock Position in Stratasys Ltd. (NASDAQ:SSYS)

Barclays PLC decreased its holdings in shares of Stratasys Ltd. (NASDAQ:SSYS - Free Report) by 54.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,711 shares of the technology company's stock after selling 43,743 shares during the quarter. Barclays PLC owned about 0.05% of Stratasys worth $326,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SSYS. Renaissance Technologies LLC boosted its position in shares of Stratasys by 44.0% in the fourth quarter. Renaissance Technologies LLC now owns 563,832 shares of the technology company's stock valued at $5,012,000 after acquiring an additional 172,218 shares during the period. Legal & General Group Plc boosted its holdings in Stratasys by 0.6% in the 4th quarter. Legal & General Group Plc now owns 941,407 shares of the technology company's stock valued at $8,369,000 after purchasing an additional 5,541 shares during the period. Headlands Technologies LLC acquired a new stake in Stratasys in the 4th quarter worth $68,000. Virtu Financial LLC bought a new position in shares of Stratasys during the 4th quarter worth about $379,000. Finally, Royce & Associates LP acquired a new position in shares of Stratasys during the fourth quarter valued at about $1,467,000. Institutional investors and hedge funds own 75.77% of the company's stock.

Stratasys Trading Down 0.4%

Shares of Stratasys stock traded down $0.05 during mid-day trading on Thursday, reaching $10.92. 156,943 shares of the stock were exchanged, compared to its average volume of 587,598. The company has a market cap of $782.78 million, a price-to-earnings ratio of -8.28 and a beta of 1.50. Stratasys Ltd. has a fifty-two week low of $6.05 and a fifty-two week high of $12.88. The firm has a 50-day simple moving average of $9.72 and a 200 day simple moving average of $9.72.

Stratasys (NASDAQ:SSYS - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The business had revenue of $136.05 million for the quarter, compared to the consensus estimate of $134.11 million. During the same quarter in the prior year, the company earned ($0.02) EPS. The firm's quarterly revenue was down 5.6% on a year-over-year basis. On average, research analysts predict that Stratasys Ltd. will post -0.4 EPS for the current fiscal year.

Analyst Ratings Changes

SSYS has been the topic of a number of research reports. Cantor Fitzgerald boosted their price objective on Stratasys from $12.00 to $15.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. StockNews.com cut shares of Stratasys from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Finally, Needham & Company LLC lifted their target price on shares of Stratasys from $12.00 to $13.00 and gave the company a "buy" rating in a research report on Thursday, March 6th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $12.20.

Stratasys Profile

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.