DF Dent & Co. Inc. trimmed its stake in shares of 3D Systems Corporation (NYSE:DDD) by 17.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,048 shares of the 3D printing company’s stock after selling 8,887 shares during the quarter. DF Dent & Co. Inc.’s holdings in 3D Systems Corporation were worth $768,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in DDD. Strs Ohio bought a new stake in shares of 3D Systems Corporation during the 2nd quarter valued at $115,000. LS Investment Advisors LLC raised its stake in shares of 3D Systems Corporation by 20.0% during the 2nd quarter. LS Investment Advisors LLC now owns 8,714 shares of the 3D printing company’s stock valued at $163,000 after purchasing an additional 1,452 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of 3D Systems Corporation by 19.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,561 shares of the 3D printing company’s stock valued at $178,000 after purchasing an additional 1,552 shares during the period. Riverhead Capital Management LLC raised its stake in shares of 3D Systems Corporation by 77.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 9,926 shares of the 3D printing company’s stock valued at $186,000 after purchasing an additional 4,326 shares during the period. Finally, Flinton Capital Management LLC raised its stake in shares of 3D Systems Corporation by 76.8% during the 2nd quarter. Flinton Capital Management LLC now owns 10,098 shares of the 3D printing company’s stock valued at $189,000 after purchasing an additional 4,386 shares during the period. Institutional investors own 56.72% of the company’s stock.

DDD has been the topic of a number of analyst reports. Loop Capital reiterated a “hold” rating and set a $15.00 price objective on shares of 3D Systems Corporation in a research note on Wednesday, August 9th. Deutsche Bank AG reiterated a “hold” rating and set a $15.00 price objective (down from $16.00) on shares of 3D Systems Corporation in a research note on Wednesday, August 9th. Zacks Investment Research upgraded 3D Systems Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub lowered 3D Systems Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $17.00 price objective on shares of 3D Systems Corporation in a research note on Tuesday, October 3rd. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. 3D Systems Corporation has an average rating of “Hold” and an average price target of $16.12.

3D Systems Corporation (NYSE DDD) traded up 2.05% during trading on Wednesday, hitting $12.94. The stock had a trading volume of 686,913 shares. 3D Systems Corporation has a 52-week low of $12.02 and a 52-week high of $23.70. The company has a 50-day moving average of $13.20 and a 200 day moving average of $16.55. The firm’s market cap is $1.47 billion.

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

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In other 3D Systems Corporation news, insider Vyomesh Joshi bought 15,400 shares of the company’s stock in a transaction on Tuesday, August 8th. The stock was acquired at an average price of $12.96 per share, for a total transaction of $199,584.00. Following the completion of the transaction, the insider now directly owns 165,400 shares of the company’s stock, valued at $2,143,584. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 5.00% of the company’s stock.

3D Systems Corporation Company Profile

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.

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

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