TIAA CREF Investment Management LLC trimmed its holdings in shares of The ExOne Company (NASDAQ:XONE) by 25.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,960 shares of the industrial products company’s stock after selling 10,100 shares during the period. TIAA CREF Investment Management LLC owned about 0.19% of The ExOne worth $343,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. KCG Holdings Inc. purchased a new position in shares of The ExOne during the 1st quarter worth approximately $181,000. SG Americas Securities LLC purchased a new position in shares of The ExOne during the 2nd quarter worth approximately $224,000. Banque Pictet & Cie SA purchased a new position in shares of The ExOne during the 2nd quarter worth approximately $229,000. Finally, Essex Investment Management Co. LLC raised its stake in shares of The ExOne by 83.9% during the 2nd quarter. Essex Investment Management Co. LLC now owns 149,452 shares of the industrial products company’s stock worth $1,711,000 after buying an additional 68,187 shares in the last quarter. 31.29% of the stock is owned by institutional investors and hedge funds.

Shares of The ExOne Company (NASDAQ XONE) opened at $11.64 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.62 and a current ratio of 2.60. The ExOne Company has a fifty-two week low of $6.72 and a fifty-two week high of $14.43.

The ExOne (NASDAQ:XONE) last released its quarterly earnings results on Thursday, November 9th. The industrial products company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.13). The firm had revenue of $15.89 million during the quarter, compared to analyst estimates of $16.05 million. The ExOne had a negative return on equity of 25.42% and a negative net margin of 39.52%. The business’s revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.23) EPS. sell-side analysts predict that The ExOne Company will post -1.12 EPS for the current year.

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XONE has been the topic of a number of research reports. Canaccord Genuity Group Inc. upgraded The ExOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $9.50 to $13.00 in a report on Wednesday, November 15th. Canaccord Genuity upgraded The ExOne from a “hold” rating to a “buy” rating and upped their price target for the stock from $9.50 to $13.00 in a report on Monday, November 13th. B. Riley restated a “buy” rating on shares of The ExOne in a report on Wednesday, November 1st. FBR & Co restated a “buy” rating and issued a $15.00 price target (down previously from $18.00) on shares of The ExOne in a report on Monday, August 14th. Finally, Zacks Investment Research upgraded The ExOne from a “strong sell” rating to a “hold” rating in a report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $13.67.

The ExOne Profile

The ExOne Company is a provider of three dimensional (3D) printing machines and 3D printed and other products, materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines.

Institutional Ownership by Quarter for The ExOne (NASDAQ:XONE)

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