Nationwide Fund Advisors reduced its position in 3D Systems Co. (NYSE:DDD) by 25.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 253,197 shares of the 3D printing company’s stock after selling 84,705 shares during the quarter. Nationwide Fund Advisors owned 0.22% of 3D Systems worth $3,390,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DDD. Aperio Group LLC raised its position in 3D Systems by 14.2% in the 2nd quarter. Aperio Group LLC now owns 20,017 shares of the 3D printing company’s stock worth $374,000 after purchasing an additional 2,488 shares during the period. Strs Ohio purchased a new stake in 3D Systems in the 2nd quarter worth about $115,000. Schwab Charles Investment Management Inc. raised its position in 3D Systems by 3.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 473,255 shares of the 3D printing company’s stock worth $8,850,000 after purchasing an additional 13,894 shares during the period. Arizona State Retirement System raised its position in 3D Systems by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 45,600 shares of the 3D printing company’s stock worth $853,000 after purchasing an additional 900 shares during the period. Finally, Rhumbline Advisers raised its position in 3D Systems by 1.0% in the 2nd quarter. Rhumbline Advisers now owns 213,623 shares of the 3D printing company’s stock worth $3,995,000 after purchasing an additional 2,162 shares during the period. 60.55% of the stock is currently owned by institutional investors.

3D Systems Co. (NYSE:DDD) opened at $10.40 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.94 and a current ratio of 2.63. 3D Systems Co. has a one year low of $7.92 and a one year high of $23.70.

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

In other 3D Systems news, Director G Walter Loewenbaum II acquired 40,500 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were purchased at an average cost of $8.94 per share, for a total transaction of $362,070.00. Following the completion of the purchase, the director now owns 1,053,707 shares in the company, valued at $9,420,140.58. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have bought 47,930 shares of company stock worth $428,048. Insiders own 5.00% of the company’s stock.

A number of equities analysts have recently commented on DDD shares. KeyCorp reaffirmed a “hold” rating on shares of 3D Systems in a research report on Friday, October 6th. ValuEngine raised shares of 3D Systems from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. B. Riley lowered shares of 3D Systems from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $18.00 to $7.00 in a research report on Wednesday, November 1st. J P Morgan Chase & Co reduced their target price on shares of 3D Systems from $13.00 to $11.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 1st. Finally, Piper Jaffray Companies raised shares of 3D Systems from an “underweight” rating to a “neutral” rating and set a $6.25 target price on the stock in a research report on Monday, November 20th. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has given a strong buy rating to the company. 3D Systems presently has an average rating of “Hold” and an average price target of $12.97.

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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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