Marshall Wace LLP Has $455,000 Holdings in Materialise NV (NASDAQ:MTLS)

Marshall Wace LLP cut its holdings in Materialise NV (NASDAQ:MTLS) by 31.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,759 shares of the software maker’s stock after selling 41,010 shares during the period. Marshall Wace LLP owned approximately 0.15% of Materialise worth $455,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Rock Point Advisors LLC raised its holdings in Materialise by 4.0% in the 2nd quarter. Rock Point Advisors LLC now owns 670,901 shares of the software maker’s stock worth $3,361,000 after acquiring an additional 25,637 shares during the period. Acadian Asset Management LLC increased its stake in shares of Materialise by 6.9% in the first quarter. Acadian Asset Management LLC now owns 533,857 shares of the software maker’s stock worth $2,808,000 after purchasing an additional 34,543 shares during the period. Edmond DE Rothschild Holding S.A. lifted its position in shares of Materialise by 2.9% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 191,357 shares of the software maker’s stock worth $1,010,000 after purchasing an additional 5,380 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. boosted its stake in Materialise by 31.2% during the 4th quarter. Quintet Private Bank Europe S.A. now owns 48,708 shares of the software maker’s stock valued at $320,000 after purchasing an additional 11,573 shares during the period. 19.30% of the stock is owned by institutional investors and hedge funds.

Materialise Stock Up 0.2 %

Shares of MTLS opened at $5.00 on Friday. Materialise NV has a 52 week low of $4.70 and a 52 week high of $6.93. The firm has a market capitalization of $295.34 million, a P/E ratio of 41.67 and a beta of 1.13. The company has a 50-day simple moving average of $5.28 and a 200-day simple moving average of $5.23. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.68 and a current ratio of 1.84.

Materialise (NASDAQ:MTLS) last announced its quarterly earnings results on Wednesday, July 31st. The software maker reported $0.07 EPS for the quarter. Materialise had a net margin of 4.21% and a return on equity of 6.29%. The firm had revenue of $73.65 million during the quarter. On average, equities research analysts expect that Materialise NV will post 0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Materialise from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th.

About Materialise

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.