Federated Investors Inc. PA decreased its stake in shares of 3D Systems Co. (NYSE:DDD) by 3.4% during the fourth quarter, Holdings Channel reports. The fund owned 57,209 shares of the 3D printing company’s stock after selling 1,992 shares during the period. Federated Investors Inc. PA owned approximately 0.05% of 3D Systems worth $761,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in 3D Systems by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 97,895 shares of the 3D printing company’s stock valued at $1,758,000 after buying an additional 3,883 shares during the period. Rhumbline Advisers raised its position in 3D Systems by 3.2% in the third quarter. Rhumbline Advisers now owns 197,269 shares of the 3D printing company’s stock valued at $3,541,000 after buying an additional 6,095 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in 3D Systems during the third quarter valued at approximately $2,155,000. BlackRock Investment Management LLC raised its position in 3D Systems by 0.4% in the third quarter. BlackRock Investment Management LLC now owns 664,027 shares of the 3D printing company’s stock valued at $11,919,000 after buying an additional 2,954 shares during the period. Finally, BlackRock Fund Advisors raised its position in 3D Systems by 5.7% in the third quarter. BlackRock Fund Advisors now owns 6,028,844 shares of the 3D printing company’s stock valued at $108,218,000 after buying an additional 323,297 shares during the period. 50.68% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for 3D Systems (NYSE:DDD)

Shares of 3D Systems Co. (NYSE:DDD) opened at 14.76 on Tuesday. The stock has a 50 day moving average of $15.96 and a 200 day moving average of $15.37. The company’s market cap is $1.67 billion. 3D Systems Co. has a 12-month low of $11.59 and a 12-month high of $19.76.

3D Systems (NYSE:DDD) last posted its quarterly earnings data on Tuesday, February 28th. The 3D printing company reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. The business earned $165.90 million during the quarter, compared to the consensus estimate of $176.76 million. 3D Systems had a positive return on equity of 4.14% and a negative net margin of 98.40%. 3D Systems’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 earnings per share. Equities research analysts predict that 3D Systems Co. will post $0.53 earnings per share for the current fiscal year.

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DDD has been the subject of several research reports. Vetr lowered shares of 3D Systems from a “strong-buy” rating to a “buy” rating and set a $16.70 price objective for the company. in a research report on Wednesday, December 7th. Zacks Investment Research upgraded shares of 3D Systems from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Friday, March 3rd. Brean Capital reiterated a “hold” rating on shares of 3D Systems in a research report on Wednesday, December 14th. Needham & Company LLC reiterated a “hold” rating on shares of 3D Systems in a research report on Tuesday, February 28th. Finally, Jefferies Group LLC increased their price objective on shares of 3D Systems from $14.50 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, March 1st. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. 3D Systems presently has a consensus rating of “Hold” and a consensus price target of $16.33.

In related news, EVP Andrew Martin Johnson sold 4,000 shares of the stock in a transaction on Wednesday, March 8th. The stock was sold at an average price of $14.70, for a total value of $58,800.00. Following the completion of the sale, the executive vice president now directly owns 251,666 shares in the company, valued at $3,699,490.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 5.40% of the company’s stock.

3D Systems Company Profile

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room.

5 Day Chart for NYSE:DDD

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