Two Sigma Investments LP lowered its stake in Stratasys Ltd (NASDAQ:SSYS) by 33.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 237,019 shares of the technology company’s stock after selling 119,787 shares during the quarter. Two Sigma Investments LP’s holdings in Stratasys were worth $4,269,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SSYS. Federated Investors Inc. PA increased its position in shares of Stratasys by 160.7% in the third quarter. Federated Investors Inc. PA now owns 179,532 shares of the technology company’s stock valued at $4,149,000 after acquiring an additional 110,654 shares during the last quarter. BlackRock Inc. increased its position in shares of Stratasys by 4.5% in the fourth quarter. BlackRock Inc. now owns 2,483,425 shares of the technology company’s stock valued at $44,725,000 after acquiring an additional 107,594 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Stratasys by 34.6% in the fourth quarter. Geode Capital Management LLC now owns 264,691 shares of the technology company’s stock valued at $4,767,000 after acquiring an additional 68,032 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Stratasys by 2.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,703,020 shares of the technology company’s stock valued at $62,467,000 after acquiring an additional 58,472 shares during the last quarter. Finally, Baillie Gifford & Co. increased its position in shares of Stratasys by 6.8% in the third quarter. Baillie Gifford & Co. now owns 730,521 shares of the technology company’s stock valued at $16,883,000 after acquiring an additional 46,685 shares during the last quarter. 69.65% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on SSYS shares. Zacks Investment Research raised Stratasys from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Monday, January 7th. BidaskClub raised Stratasys from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 16th. Finally, Piper Jaffray Companies reissued an “overweight” rating and set a $32.00 price target on shares of Stratasys in a research report on Thursday, March 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $22.71.

Shares of NASDAQ SSYS opened at $23.41 on Thursday. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 101.78, a price-to-earnings-growth ratio of 4.36 and a beta of 2.02. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.19 and a current ratio of 3.89. Stratasys Ltd has a twelve month low of $17.06 and a twelve month high of $28.84.

Stratasys (NASDAQ:SSYS) last announced its quarterly earnings results on Thursday, March 7th. The technology company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09. The firm had revenue of $177.10 million for the quarter, compared to the consensus estimate of $185.78 million. Stratasys had a positive return on equity of 1.21% and a negative net margin of 1.65%. The business’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.16 earnings per share. On average, analysts anticipate that Stratasys Ltd will post 0.33 earnings per share for the current fiscal year.

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About Stratasys

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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Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

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