Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of 3D Systems Co. (NYSE:DDD) by 983.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,565 shares of the 3D printing company’s stock after acquiring an additional 103,080 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.09% of 3D Systems worth $558,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Point72 Hong Kong Ltd acquired a new position in 3D Systems in the 2nd quarter worth $34,000. Private Advisor Group LLC acquired a new position in 3D Systems in the 2nd quarter worth $61,000. Profund Advisors LLC acquired a new position in 3D Systems in the 2nd quarter worth $75,000. Assenagon Asset Management S.A. acquired a new position in 3D Systems in the 2nd quarter worth $81,000. Finally, Formidable Asset Management LLC acquired a new position in 3D Systems in the 2nd quarter worth $85,000. Institutional investors and hedge funds own 60.93% of the company’s stock.

In other news, EVP Andrew Martin Johnson sold 16,000 shares of the company’s stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $8.00, for a total value of $128,000.00. Following the completion of the sale, the executive vice president now directly owns 207,951 shares of the company’s stock, valued at approximately $1,663,608. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey A. Graves purchased 17,000 shares of 3D Systems stock in a transaction dated Friday, September 4th. The stock was bought at an average cost of $5.39 per share, with a total value of $91,630.00. Following the completion of the purchase, the chief executive officer now owns 459,176 shares in the company, valued at approximately $2,474,958.64. The disclosure for this purchase can be found here. Insiders own 3.40% of the company’s stock.

Several research firms have recently weighed in on DDD. William Blair raised shares of 3D Systems from an “underperform” rating to a “market perform” rating in a research report on Tuesday, November 10th. Zacks Investment Research raised shares of 3D Systems from a “sell” rating to a “buy” rating and set a $8.00 target price for the company in a research report on Thursday, November 12th. Finally, Berenberg Bank began coverage on shares of 3D Systems in a research report on Friday, October 9th. They issued a “buy” rating and a $8.00 target price for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.00.

3D Systems stock opened at $7.42 on Friday. The company has a quick ratio of 1.30, a current ratio of 2.09 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average price of $6.53 and a two-hundred day moving average price of $6.51. The firm has a market capitalization of $921.13 million, a price-to-earnings ratio of -6.45 and a beta of 1.59. 3D Systems Co. has a 52-week low of $4.60 and a 52-week high of $12.56.

3D Systems (NYSE:DDD) last posted its earnings results on Thursday, November 5th. The 3D printing company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.05. The firm had revenue of $135.15 million during the quarter, compared to analyst estimates of $113.98 million. 3D Systems had a negative net margin of 24.61% and a negative return on equity of 11.38%. 3D Systems’s revenue was down 13.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.04) EPS. Research analysts expect that 3D Systems Co. will post -0.34 earnings per share for the current year.

3D Systems Company Profile

3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names.

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

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