3D Systems Co. (DDD) Shares Sold by Parallel Advisors LLC
Parallel Advisors LLC reduced its holdings in shares of 3D Systems Co. (NYSE:DDD) by 24.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 16,566 shares of the 3D printing company’s stock after selling 5,400 shares during the period. Parallel Advisors LLC’s holdings in 3D Systems were worth $168,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. lifted its stake in shares of 3D Systems by 42.1% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 3,177 shares of the 3D printing company’s stock worth $32,000 after acquiring an additional 942 shares during the last quarter. Quantamental Technologies LLC bought a new stake in shares of 3D Systems during the 4th quarter worth approximately $84,000. LS Investment Advisors LLC lifted its stake in shares of 3D Systems by 194.9% during the 4th quarter. LS Investment Advisors LLC now owns 9,771 shares of the 3D printing company’s stock worth $99,000 after acquiring an additional 6,458 shares during the last quarter. Caption Management LLC bought a new stake in shares of 3D Systems during the 4th quarter worth approximately $101,000. Finally, Pinnacle Associates Ltd. bought a new stake in shares of 3D Systems during the 4th quarter worth approximately $107,000. 71.71% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE DDD opened at $13.68 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.50. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of -24.00 and a beta of 1.91. 3D Systems Co. has a twelve month low of $9.00 and a twelve month high of $21.78.
About 3D Systems
3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names.
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