Stratasys, Ltd. (SSYS) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System grew its stake in shares of Stratasys, Ltd. (NASDAQ:SSYS) by 12.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,746 shares of the technology company’s stock after acquiring an additional 11,146 shares during the period. California Public Employees Retirement System owned 0.19% of Stratasys worth $2,306,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vident Investment Advisory LLC grew its holdings in shares of Stratasys by 71.9% during the 3rd quarter. Vident Investment Advisory LLC now owns 542,814 shares of the technology company’s stock valued at $12,550,000 after acquiring an additional 227,087 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Stratasys by 280.2% during the 3rd quarter. Alyeska Investment Group L.P. now owns 855,447 shares of the technology company’s stock valued at $19,778,000 after acquiring an additional 630,447 shares in the last quarter. Royce & Associates LP grew its holdings in shares of Stratasys by 5.4% during the 3rd quarter. Royce & Associates LP now owns 486,046 shares of the technology company’s stock valued at $11,237,000 after acquiring an additional 25,000 shares in the last quarter. Commerzbank Aktiengesellschaft FI grew its holdings in shares of Stratasys by 20.9% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 86,102 shares of the technology company’s stock valued at $1,991,000 after acquiring an additional 14,877 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Stratasys by 46.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,795,494 shares of the technology company’s stock valued at $41,511,000 after acquiring an additional 566,704 shares in the last quarter. Institutional investors and hedge funds own 70.99% of the company’s stock.

Several research firms have recently commented on SSYS. Zacks Investment Research cut shares of Stratasys from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. B. Riley reaffirmed a “hold” rating and issued a $30.00 price objective on shares of Stratasys in a research note on Wednesday, November 15th. BidaskClub raised shares of Stratasys from a “hold” rating to a “buy” rating in a research note on Tuesday. KeyCorp reaffirmed a “hold” rating on shares of Stratasys in a research note on Friday, October 27th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Stratasys in a research note on Friday, October 13th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $24.94.

Stratasys, Ltd. (NASDAQ SSYS) opened at $22.40 on Thursday. Stratasys, Ltd. has a twelve month low of $18.04 and a twelve month 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 stock has a market cap of $1,240.00, a PE ratio of -21.13, a PEG ratio of 4.23 and a beta of 1.41.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Tuesday, November 14th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $155.90 million for the quarter, compared to the consensus estimate of $160.97 million. The business’s revenue was down .8% on a year-over-year basis. equities research analysts forecast that Stratasys, Ltd. will post 0.17 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This news story was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of international copyright & trademark laws. The correct version of this news story can be viewed at https://ledgergazette.com/2018/01/18/stratasys-ltd-ssys-shares-bought-by-california-public-employees-retirement-system.html.

Stratasys 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.

Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

Receive News & Ratings for Stratasys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratasys and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply