Think Investments LP bought a new position in 3D Systems Co. (NYSE:DDD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 785,000 shares of the 3D printing company’s stock, valued at approximately $10,511,000. 3D Systems makes up approximately 2.7% of Think Investments LP’s portfolio, making the stock its 14th biggest holding. Think Investments LP owned 0.69% of 3D Systems at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in DDD. Pictet Asset Management Ltd. boosted its holdings in 3D Systems by 294.2% in the third quarter. Pictet Asset Management Ltd. now owns 2,547,720 shares of the 3D printing company’s stock worth $34,115,000 after acquiring an additional 1,901,406 shares in the last quarter. Vident Investment Advisory LLC boosted its holdings in 3D Systems by 155.0% in the third quarter. Vident Investment Advisory LLC now owns 959,422 shares of the 3D printing company’s stock worth $12,847,000 after acquiring an additional 583,193 shares in the last quarter. Quantitative Investment Management LLC bought a new position in shares of 3D Systems during the second quarter valued at $9,353,000. Vanguard Group Inc. lifted its holdings in shares of 3D Systems by 5.2% during the second quarter. Vanguard Group Inc. now owns 9,057,170 shares of the 3D printing company’s stock valued at $169,369,000 after purchasing an additional 446,186 shares in the last quarter. Finally, Investment Management of Virginia LLC lifted its holdings in shares of 3D Systems by 20.8% during the third quarter. Investment Management of Virginia LLC now owns 1,906,710 shares of the 3D printing company’s stock valued at $25,531,000 after purchasing an additional 328,929 shares in the last quarter. 60.55% of the stock is currently owned by institutional investors and hedge funds.

Shares of 3D Systems Co. (NYSE DDD) opened at $9.53 on Friday. The company has a quick ratio of 1.94, a current ratio of 2.63 and a debt-to-equity ratio of 0.01. 3D Systems Co. has a 1 year low of $7.92 and a 1 year high of $23.70.

3D Systems (NYSE:DDD) last posted its quarterly earnings data on Tuesday, October 31st. The 3D printing company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The firm had revenue of $152.90 million for the quarter, compared to analysts’ expectations of $162.22 million. 3D Systems had a negative net margin of 8.01% and a negative return on equity of 5.85%. The firm’s revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. analysts predict that 3D Systems Co. will post -0.3 earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on DDD. Zacks Investment Research raised 3D Systems from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. Stifel Nicolaus reaffirmed a “hold” rating and set a $15.00 price target on shares of 3D Systems in a report on Wednesday, October 4th. Jefferies Group reaffirmed a “hold” rating and set a $17.00 price target on shares of 3D Systems in a report on Tuesday, October 3rd. KeyCorp reaffirmed a “hold” rating on shares of 3D Systems in a report on Friday, October 6th. Finally, ValuEngine downgraded 3D Systems from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.97.

In other news, Director G Walter Loewenbaum II acquired 40,500 shares of 3D Systems stock in a transaction that occurred on Monday, December 4th. The stock was bought at an average price of $8.94 per share, for a total transaction of $362,070.00. Following the completion of the transaction, the director now owns 1,053,707 shares in the company, valued at $9,420,140.58. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have purchased 47,930 shares of company stock valued at $428,048. 5.00% of the stock is owned by company insiders.

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About 3D Systems

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 (NYSE:DDD)

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