Barclays PLC Buys 2,473 Shares of Materialise NV (NASDAQ:MTLS)

Barclays PLC lifted its stake in Materialise NV (NASDAQ:MTLS) by 45.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm 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 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of MTLS. Quintet Private Bank Europe S.A. grew its stake in shares of Materialise by 51.4% during the third quarter. Quintet Private Bank Europe S.A. now owns 21,965 shares of the software maker’s stock valued at $120,000 after buying an additional 7,459 shares during the last quarter. Ballentine Partners LLC purchased a new stake in Materialise in the third quarter worth $124,000. Quadrature Capital Ltd increased its stake 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 purchasing an additional 18,532 shares during the period. Rock Point Advisors LLC lifted its position in shares of Materialise by 15.9% during the third quarter. Rock Point Advisors LLC now owns 777,465 shares of the software maker’s stock worth $4,261,000 after purchasing an additional 106,564 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN lifted its position in shares of Materialise by 0.5% during the third quarter. Disciplined Growth Investors Inc. MN now owns 1,601,641 shares of the software maker’s stock worth $8,777,000 after purchasing an additional 8,089 shares during the last quarter. Institutional investors own 19.30% of the company’s stock.

Materialise Stock Up 4.9 %

Shares of NASDAQ MTLS opened at $8.20 on Friday. Materialise NV has a 52-week low of $4.70 and a 52-week high of $8.50. The firm has a market capitalization of $484.35 million, a price-to-earnings ratio of 43.16 and a beta of 1.20. The stock has a 50 day moving average price of $7.56 and a 200 day moving average price of $6.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.65 and a current ratio of 1.81.

Wall Street Analyst Weigh In

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

Materialise Company 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.