AMH Equity Ltd Makes New $541,000 Investment in Materialise NV (NASDAQ:MTLS)

AMH Equity Ltd acquired a new position in Materialise NV (NASDAQ:MTLS - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 110,000 shares of the software maker's stock, valued at approximately $541,000. AMH Equity Ltd owned about 0.19% of Materialise as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Rock Point Advisors LLC boosted its stake in Materialise by 28.0% during the first quarter. Rock Point Advisors LLC now owns 898,150 shares of the software maker's stock worth $4,419,000 after buying an additional 196,555 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Materialise by 747.1% in the 4th quarter. JPMorgan Chase & Co. now owns 349,346 shares of the software maker's stock valued at $2,459,000 after acquiring an additional 308,108 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Materialise by 93.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 348,577 shares of the software maker's stock valued at $2,454,000 after purchasing an additional 168,850 shares during the period. Renaissance Group LLC acquired a new stake in shares of Materialise in the 4th quarter valued at about $2,136,000. Finally, Marshall Wace LLP boosted its position in shares of Materialise by 10.3% in the 4th quarter. Marshall Wace LLP now owns 275,496 shares of the software maker's stock valued at $1,939,000 after purchasing an additional 25,630 shares during the period. 19.30% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Materialise from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th.

Materialise Price Performance

NASDAQ MTLS traded up $0.05 on Tuesday, hitting $6.06. 54,154 shares of the stock traded hands, compared to its average volume of 185,350. The stock has a 50-day moving average of $5.54 and a 200 day moving average of $5.96. Materialise NV has a twelve month low of $3.93 and a twelve month high of $9.69. The company has a current ratio of 1.88, a quick ratio of 1.72 and a debt-to-equity ratio of 0.08.

Materialise (NASDAQ:MTLS - Get Free Report) last posted its earnings results on Thursday, April 24th. The software maker reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.03). The company had revenue of $71.79 million for the quarter, compared to the consensus estimate of $67.00 million. Materialise had a net margin of 3.45% and a return on equity of 3.77%. Equities research analysts expect that Materialise NV will post 0.3 EPS for the current year.

About Materialise

Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.