Materialise NV (NASDAQ:MTLS) Stock Holdings Increased by Barclays PLC

Barclays PLC lifted its stake in Materialise NV (NASDAQ:MTLS) by 45.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,933 shares of the software maker’s stock after purchasing an additional 2,473 shares during the quarter. Barclays PLC’s holdings in Materialise were worth $43,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in MTLS. Quintet Private Bank Europe S.A. increased its holdings in Materialise by 51.4% in the third quarter. Quintet Private Bank Europe S.A. now owns 21,965 shares of the software maker’s stock worth $120,000 after buying an additional 7,459 shares during the last quarter. Ballentine Partners LLC acquired a new position in Materialise in the third quarter worth approximately $124,000. Quadrature Capital Ltd increased its holdings in Materialise by 104.0% in the third quarter. Quadrature Capital Ltd now owns 36,350 shares of the software maker’s stock worth $199,000 after buying an additional 18,532 shares during the last quarter. Finally, Rock Point Advisors LLC increased its holdings in Materialise by 4.0% in the second quarter. Rock Point Advisors LLC now owns 670,901 shares of the software maker’s stock worth $3,361,000 after buying an additional 25,637 shares during the last quarter. 19.30% of the stock is owned by hedge funds and other institutional investors.

Materialise Trading Down 0.5 %

NASDAQ:MTLS opened at $7.39 on Friday. Materialise NV has a 52 week low of $4.70 and a 52 week high of $8.50. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.65 and a current ratio of 1.81. The stock’s 50 day moving average price is $7.32 and its 200 day moving average price is $6.02. The company has a market capitalization of $436.51 million, a P/E ratio of 38.90 and a beta of 1.20.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Materialise from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 13th.

Materialise Profile

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.