3D Systems Co. (NYSE:DDD) Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. increased its holdings in shares of 3D Systems Co. (NYSE:DDD) by 230.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 52,900 shares of the 3D printing company’s stock after acquiring an additional 36,900 shares during the period. Vontobel Holding Ltd.’s holdings in 3D Systems were worth $174,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DDD. SG Americas Securities LLC boosted its holdings in 3D Systems by 23.8% in the 3rd quarter. SG Americas Securities LLC now owns 45,617 shares of the 3D printing company’s stock worth $130,000 after buying an additional 8,769 shares during the last quarter. Creative Planning acquired a new stake in 3D Systems in the 3rd quarter worth about $43,000. Impact Partnership Wealth LLC boosted its holdings in 3D Systems by 49.4% in the 3rd quarter. Impact Partnership Wealth LLC now owns 21,157 shares of the 3D printing company’s stock worth $60,000 after buying an additional 6,992 shares during the last quarter. Ballentine Partners LLC acquired a new stake in 3D Systems in the 3rd quarter worth about $36,000. Finally, Optas LLC acquired a new stake in 3D Systems in the 3rd quarter worth about $66,000. 64.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DDD. StockNews.com upgraded 3D Systems from a “sell” rating to a “hold” rating in a report on Thursday, November 28th. Needham & Company LLC reissued a “hold” rating on shares of 3D Systems in a research note on Wednesday, January 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of 3D Systems in a research note on Wednesday. Finally, Craig Hallum raised shares of 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, 3D Systems presently has an average rating of “Hold” and an average price target of $3.25.

3D Systems Stock Down 6.7 %

DDD stock opened at $4.11 on Friday. The firm has a market cap of $556.72 million, a PE ratio of -1.03 and a beta of 1.63. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. The firm’s 50 day moving average price is $3.73 and its 200-day moving average price is $3.13. 3D Systems Co. has a one year low of $1.72 and a one year high of $5.34.

3D Systems (NYSE:DDD) last released its quarterly earnings results on Tuesday, November 26th. The 3D printing company reported ($0.16) EPS for the quarter, missing the consensus estimate 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%. On average, equities research analysts anticipate that 3D Systems Co. will post -0.73 EPS for the current year.

Insider Activity

In other 3D Systems news, EVP Charles W. Hull sold 115,971 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $3.86, for a total value of $447,648.06. Following the sale, the executive vice president now owns 331,955 shares of the company’s stock, valued at $1,281,346.30. The trade was a 25.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey A. Graves bought 60,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average cost of $3.85 per share, for a total transaction of $231,000.00. Following the transaction, the chief executive officer now owns 1,091,782 shares of the company’s stock, valued at $4,203,360.70. This trade represents a 5.82 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.70% of the company’s stock.

3D Systems Profile

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.