3D Systems Corporation $DDD Stock Position Lifted by UBS Group AG

UBS Group AG grew its position in shares of 3D Systems Corporation (NYSE:DDD) by 83.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,117,975 shares of the 3D printing company’s stock after buying an additional 961,166 shares during the period. UBS Group AG owned about 1.65% of 3D Systems worth $3,749,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Prudential Financial Inc. lifted its holdings in 3D Systems by 74.8% during the 2nd quarter. Prudential Financial Inc. now owns 18,427 shares of the 3D printing company’s stock worth $28,000 after buying an additional 7,887 shares during the last quarter. SG Americas Securities LLC lifted its holdings in 3D Systems by 11.4% during the 4th quarter. SG Americas Securities LLC now owns 122,447 shares of the 3D printing company’s stock worth $217,000 after buying an additional 12,561 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in 3D Systems by 5,139.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,151 shares of the 3D printing company’s stock worth $28,000 after buying an additional 12,900 shares during the last quarter. Bank of America Corp DE lifted its holdings in 3D Systems by 2.0% during the 2nd quarter. Bank of America Corp DE now owns 659,635 shares of the 3D printing company’s stock worth $1,016,000 after buying an additional 13,236 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in 3D Systems during the 3rd quarter worth approximately $41,000. Institutional investors own 64.49% of the company’s stock.

3D Systems Trading Up 5.0%

Shares of DDD stock opened at $3.14 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.73 and a current ratio of 2.76. 3D Systems Corporation has a 1 year low of $1.32 and a 1 year high of $3.80. The stock has a fifty day moving average of $2.30 and a two-hundred day moving average of $2.21. The firm has a market capitalization of $461.42 million, a PE ratio of 12.56 and a beta of 2.58.

3D Systems (NYSE:DDD) last announced its quarterly earnings results on Monday, May 11th. The 3D printing company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.08. 3D Systems had a negative return on equity of 19.64% and a net margin of 16.10%.The company had revenue of $95.50 million during the quarter, compared to analyst estimates of $92.39 million. As a group, research analysts expect that 3D Systems Corporation will post -0.39 EPS for the current year.

Wall Street Analyst Weigh In

DDD has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of 3D Systems in a report on Friday, March 27th. Leerink Partners restated an “outperform” rating on shares of 3D Systems in a research report on Tuesday, March 10th. Wall Street Zen upgraded 3D Systems from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $5.00 price objective on shares of 3D Systems in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, 3D Systems presently has a consensus rating of “Hold” and an average price target of $5.00.

3D Systems Company Profile

3D Systems, founded in 1986 by stereolithography pioneer Chuck Hull, is a leading provider of additive manufacturing solutions. Headquartered in Rock Hill, South Carolina, the company develops and sells a broad range of 3D printers, materials, software, and on-demand manufacturing services. Its core technologies include stereolithography (SLA), selective laser sintering (SLS), direct metal printing (DMP), and multi-jet printing (MJP), enabling customers to build prototypes, production parts, and complex geometries across a variety of industries.

The company’s hardware portfolio spans desktop to production-scale systems designed for applications in aerospace, automotive, healthcare, consumer products, and education.