3D Systems Co. (NYSE:DDD) Shares Acquired by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its holdings in shares of 3D Systems Co. (NYSE:DDD) by 2.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,203,001 shares of the 3D printing company’s stock after acquiring an additional 68,530 shares during the period. Exchange Traded Concepts LLC owned 2.36% of 3D Systems worth $10,506,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DDD. ARK Investment Management LLC lifted its position in shares of 3D Systems by 26.0% during the 3rd quarter. ARK Investment Management LLC now owns 3,878,628 shares of the 3D printing company’s stock worth $11,015,000 after buying an additional 799,157 shares during the last quarter. Walleye Capital LLC lifted its position in 3D Systems by 3,140.9% in the third quarter. Walleye Capital LLC now owns 508,951 shares of the 3D printing company’s stock valued at $1,445,000 after acquiring an additional 525,688 shares during the last quarter. Weiss Asset Management LP acquired a new position in 3D Systems in the third quarter valued at $1,143,000. XTX Topco Ltd grew its holdings in shares of 3D Systems by 1,844.0% during the third quarter. XTX Topco Ltd now owns 359,817 shares of the 3D printing company’s stock worth $1,022,000 after purchasing an additional 341,308 shares during the last quarter. Finally, Silverberg Bernstein Capital Management LLC increased its position in shares of 3D Systems by 32.8% during the third quarter. Silverberg Bernstein Capital Management LLC now owns 1,223,759 shares of the 3D printing company’s stock worth $3,475,000 after purchasing an additional 302,484 shares in the last quarter. Hedge funds and other institutional investors own 64.49% of the company’s stock.

3D Systems Stock Up 17.4 %

DDD stock opened at $3.57 on Friday. The stock has a market capitalization of $484.03 million, a PE ratio of -0.87 and a beta of 1.61. The company has a fifty day moving average of $3.25 and a 200-day moving average of $3.05. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. 3D Systems Co. has a one year low of $1.72 and a one year high of $5.75.

3D Systems (NYSE:DDD) last announced its quarterly earnings data on Tuesday, November 26th. The 3D printing company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.02). 3D Systems had a negative net margin of 117.65% and a negative return on equity of 26.72%. As a group, analysts expect that 3D Systems Co. will post -0.73 EPS for the current year.

Analyst Ratings Changes

DDD has been the topic of a number of research reports. StockNews.com upgraded 3D Systems from a “sell” rating to a “hold” rating in a research note on Thursday, November 28th. Needham & Company LLC reaffirmed a “hold” rating on shares of 3D Systems in a report on Wednesday, January 15th. Craig Hallum upgraded shares of 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of 3D Systems in a research note on Saturday, January 18th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $3.25.

Insider Buying and Selling

In related news, CEO Jeffrey A. Graves acquired 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average price of $3.85 per share, with a total value of $231,000.00. Following the completion of the acquisition, the chief executive officer now owns 1,091,782 shares in the company, valued at approximately $4,203,360.70. This represents a 5.82 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Charles W. Hull sold 115,971 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $3.86, for a total transaction of $447,648.06. Following the completion of the transaction, the executive vice president now directly owns 331,955 shares of the company’s stock, valued at approximately $1,281,346.30. This trade represents a 25.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.

About 3D Systems

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.