Mutual of America Capital Management LLC increased its position in shares of 3D Systems Corporation (NYSE:DDD) by 10.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 90,544 shares of the 3D printing company’s stock after buying an additional 8,525 shares during the period. Mutual of America Capital Management LLC owned about 0.09% of 3D Systems Corporation worth $1,693,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its stake in shares of 3D Systems Corporation by 0.3% during the second quarter. Parallel Advisors LLC now owns 14,683 shares of the 3D printing company’s stock worth $247,000 after buying an additional 49 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of 3D Systems Corporation by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,779 shares of the 3D printing company’s stock worth $295,000 after buying an additional 75 shares during the period. Stifel Financial Corp increased its stake in shares of 3D Systems Corporation by 0.6% during the first quarter. Stifel Financial Corp now owns 19,099 shares of the 3D printing company’s stock worth $279,000 after buying an additional 105 shares during the period. Northwestern Mutual Investment Management Company LLC increased its stake in shares of 3D Systems Corporation by 0.7% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 18,527 shares of the 3D printing company’s stock worth $277,000 after buying an additional 131 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of 3D Systems Corporation by 0.3% during the first quarter. Alliancebernstein L.P. now owns 157,382 shares of the 3D printing company’s stock worth $2,354,000 after buying an additional 430 shares during the period. Hedge funds and other institutional investors own 56.73% of the company’s stock.

A number of analysts recently weighed in on DDD shares. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $18.00 target price (up from $15.00) on shares of 3D Systems Corporation in a research note on Monday, June 26th. BidaskClub lowered shares of 3D Systems Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Deutsche Bank AG restated a “hold” rating and set a $15.00 target price (down from $16.00) on shares of 3D Systems Corporation in a research note on Wednesday, August 9th. ValuEngine lowered shares of 3D Systems Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, September 28th. Finally, Zacks Investment Research lowered shares of 3D Systems Corporation from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $16.12.

In other news, insider Vyomesh Joshi purchased 15,400 shares of the stock in a transaction dated Tuesday, August 8th. The stock was acquired at an average cost of $12.96 per share, for a total transaction of $199,584.00. Following the acquisition, the insider now owns 165,400 shares of the company’s stock, valued at $2,143,584. The acquisition was disclosed in a filing with the SEC, which is available at this link. 5.00% of the stock is currently owned by insiders.

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3D Systems Corporation (NYSE:DDD) opened at 13.72 on Friday. The stock’s 50 day moving average is $13.14 and its 200-day moving average is $16.54. The stock’s market capitalization is $1.56 billion. 3D Systems Corporation has a 12 month low of $12.02 and a 12 month high of $23.70.

3D Systems Corporation (NYSE:DDD) last issued its quarterly earnings results on Wednesday, August 2nd. The 3D printing company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.04). 3D Systems Corporation had a negative net margin of 5.39% and a positive return on equity of 1.69%. The firm had revenue of $159.47 million during the quarter, compared to the consensus estimate of $163.01 million. During the same quarter last year, the firm posted $0.12 earnings per share. 3D Systems Corporation’s revenue was up .9% compared to the same quarter last year. On average, equities research analysts expect that 3D Systems Corporation will post $0.44 earnings per share for the current year.

About 3D Systems Corporation

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.

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

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