Royce & Associates LP boosted its holdings in Stratasys, Ltd. (NASDAQ:SSYS) by 5.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 486,046 shares of the technology company’s stock after buying an additional 25,000 shares during the period. Royce & Associates LP owned approximately 0.92% of Stratasys worth $11,237,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its position in Stratasys by 0.9% in the third quarter. Bank of New York Mellon Corp now owns 1,976,182 shares of the technology company’s stock valued at $45,690,000 after acquiring an additional 17,809 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Stratasys by 46.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,795,494 shares of the technology company’s stock worth $41,511,000 after buying an additional 566,704 shares in the last quarter. State Street Corp grew its position in shares of Stratasys by 6.5% during the second quarter. State Street Corp now owns 881,966 shares of the technology company’s stock worth $20,559,000 after buying an additional 53,627 shares in the last quarter. AXA grew its position in shares of Stratasys by 36.4% during the second quarter. AXA now owns 766,026 shares of the technology company’s stock worth $17,856,000 after buying an additional 204,629 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Stratasys by 5.5% during the second quarter. Northern Trust Corp now owns 595,143 shares of the technology company’s stock worth $13,873,000 after buying an additional 30,957 shares in the last quarter. Hedge funds and other institutional investors own 73.36% of the company’s stock.

Shares of Stratasys, Ltd. (NASDAQ SSYS) opened at $21.59 on Thursday. Stratasys, Ltd. has a one year low of $16.37 and a one year high of $30.88. The company has a current ratio of 3.58, a quick ratio of 2.82 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1,144.91, a PE ratio of 153.71, a P/E/G ratio of 6.52 and a beta of 1.40.

Stratasys (NASDAQ:SSYS) last issued its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. Stratasys had a negative net margin of 6.74% and a positive return on equity of 0.62%. The business had revenue of $155.90 million for the quarter, compared to analysts’ expectations of $160.97 million. The firm’s quarterly revenue was down .8% on a year-over-year basis. research analysts predict that Stratasys, Ltd. will post 0.17 EPS for the current year.

A number of research firms have recently weighed in on SSYS. Zacks Investment Research raised shares of Stratasys from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research report on Friday, November 17th. B. Riley reissued a “hold” rating and set a $30.00 price target on shares of Stratasys in a research report on Wednesday, November 15th. Loop Capital decreased their price target on shares of Stratasys from $24.00 to $21.00 and set a “hold” rating for the company in a research report on Wednesday, November 15th. Citigroup set a $29.00 price target on shares of Stratasys and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, FBR & Co downgraded shares of Stratasys from a “buy” rating to a “neutral” rating in a report on Wednesday, November 1st. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Stratasys currently has an average rating of “Hold” and an average price target of $24.74.

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Stratasys Company Profile

Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.

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Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

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