New York State Teachers Retirement System Has $908,000 Holdings in Proto Labs, Inc. (NYSE:PRLB)

New York State Teachers Retirement System cut its holdings in shares of Proto Labs, Inc. (NYSE:PRLB) by 5.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,313 shares of the industrial products company’s stock after selling 1,293 shares during the quarter. New York State Teachers Retirement System owned 0.09% of Proto Labs worth $908,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PRLB. UBS Group AG lifted its holdings in shares of Proto Labs by 9.9% during the 2nd quarter. UBS Group AG now owns 2,378 shares of the industrial products company’s stock valued at $114,000 after buying an additional 215 shares during the last quarter. Jump Financial LLC lifted its holdings in shares of Proto Labs by 1.9% during the 3rd quarter. Jump Financial LLC now owns 18,333 shares of the industrial products company’s stock valued at $484,000 after buying an additional 342 shares during the last quarter. State of Wyoming lifted its holdings in shares of Proto Labs by 40.0% during the 4th quarter. State of Wyoming now owns 1,505 shares of the industrial products company’s stock valued at $38,000 after buying an additional 430 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Proto Labs by 6.0% during the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 8,537 shares of the industrial products company’s stock valued at $298,000 after buying an additional 482 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Proto Labs by 0.9% during the 3rd quarter. Swiss National Bank now owns 57,600 shares of the industrial products company’s stock valued at $1,521,000 after buying an additional 500 shares during the last quarter. 84.54% of the stock is currently owned by institutional investors and hedge funds.

Proto Labs Stock Performance

Shares of PRLB stock opened at $31.06 on Friday. The stock’s 50 day simple moving average is $34.98 and its 200 day simple moving average is $34.23. Proto Labs, Inc. has a twelve month low of $23.01 and a twelve month high of $41.87. The company has a market capitalization of $793.89 million, a price-to-earnings ratio of 46.36 and a beta of 1.34.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings results on Friday, February 9th. The industrial products company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business had revenue of $125.10 million during the quarter, compared to the consensus estimate of $122.81 million. Proto Labs had a return on equity of 2.51% and a net margin of 3.42%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($4.24) earnings per share. On average, analysts forecast that Proto Labs, Inc. will post 0.94 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised Proto Labs from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd.

Proto Labs Company Profile

Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.