Vontobel Holding Ltd. Has $102,000 Position in 3D Systems Co. (NYSE:DDD)

Vontobel Holding Ltd. reduced its holdings in 3D Systems Co. (NYSE:DDD) by 54.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,000 shares of the 3D printing company’s stock after selling 19,333 shares during the period. Vontobel Holding Ltd.’s holdings in 3D Systems were worth $102,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. PNC Financial Services Group Inc. lifted its holdings in 3D Systems by 25.9% in the third quarter. PNC Financial Services Group Inc. now owns 13,548 shares of the 3D printing company’s stock valued at $67,000 after buying an additional 2,786 shares during the period. Benedetti & Gucer Inc. lifted its holdings in 3D Systems by 15.2% in the third quarter. Benedetti & Gucer Inc. now owns 29,219 shares of the 3D printing company’s stock valued at $143,000 after buying an additional 3,866 shares during the period. Nisa Investment Advisors LLC lifted its holdings in 3D Systems by 386.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,490 shares of the 3D printing company’s stock valued at $41,000 after buying an additional 5,155 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in 3D Systems by 5.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 132,276 shares of the 3D printing company’s stock valued at $649,000 after buying an additional 6,355 shares during the period. Finally, Swiss National Bank lifted its holdings in 3D Systems by 3.7% in the third quarter. Swiss National Bank now owns 293,450 shares of the 3D printing company’s stock valued at $1,441,000 after buying an additional 10,400 shares during the period. 64.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DDD has been the topic of several analyst reports. StockNews.com lowered shares of 3D Systems from a “hold” rating to a “sell” rating in a report on Sunday, March 3rd. Cantor Fitzgerald initiated coverage on shares of 3D Systems in a report on Tuesday, February 13th. They issued an “overweight” rating and a $8.50 target price on the stock.

3D Systems Trading Down 0.7 %

DDD opened at $3.48 on Thursday. The firm’s fifty day moving average is $4.38 and its two-hundred day moving average is $4.82. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.24 and a current ratio of 4.30. The firm has a market cap of $463.68 million, a PE ratio of -1.22 and a beta of 1.75. 3D Systems Co. has a twelve month low of $3.32 and a twelve month high of $11.09.

3D Systems (NYSE:DDD) last released its earnings results on Tuesday, February 27th. The 3D printing company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.10). The business had revenue of $114.85 million during the quarter, compared to the consensus estimate of $124.33 million. 3D Systems had a negative net margin of 75.90% and a negative return on equity of 9.34%. Equities research analysts anticipate that 3D Systems Co. will post -0.25 EPS for the current year.

About 3D Systems

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.