American Century Companies Inc. Buys 58,070 Shares of 3D Systems Corporation $DDD

American Century Companies Inc. lifted its stake in 3D Systems Corporation (NYSE:DDD) by 26.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 280,377 shares of the 3D printing company’s stock after buying an additional 58,070 shares during the quarter. American Century Companies Inc.’s holdings in 3D Systems were worth $594,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in DDD. CWM LLC raised its stake in shares of 3D Systems by 703.1% in the first quarter. CWM LLC now owns 12,352 shares of the 3D printing company’s stock worth $26,000 after buying an additional 10,814 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of 3D Systems in the first quarter worth about $29,000. Mercer Global Advisors Inc. ADV bought a new position in shares of 3D Systems in the fourth quarter worth about $52,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of 3D Systems by 15.7% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 16,779 shares of the 3D printing company’s stock worth $55,000 after buying an additional 2,279 shares during the period. Finally, Phoenix Financial Ltd. bought a new position in shares of 3D Systems in the first quarter worth about $60,000. Institutional investors own 64.49% of the company’s stock.

Analyst Upgrades and Downgrades

DDD has been the subject of several research analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of 3D Systems in a research report on Wednesday, May 14th. Wall Street Zen upgraded 3D Systems from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. Zacks Research upgraded 3D Systems to a “hold” rating in a research report on Tuesday, August 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of 3D Systems in a research report on Saturday, August 30th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $5.00.

3D Systems Stock Performance

NYSE DDD opened at $2.12 on Friday. The stock has a market capitalization of $271.76 million, a PE ratio of -1.62 and a beta of 2.09. The business has a 50 day simple moving average of $1.89 and a two-hundred day simple moving average of $2.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.76 and a quick ratio of 1.82. 3D Systems Corporation has a 1-year low of $1.32 and a 1-year high of $5.00.

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.