Victory Capital Management Inc. Purchases 3,652 Shares of 3D Systems Co. (NYSE:DDD)

Victory Capital Management Inc. increased its position in shares of 3D Systems Co. (NYSE:DDDFree Report) by 16.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,965 shares of the 3D printing company’s stock after buying an additional 3,652 shares during the period. Victory Capital Management Inc.’s holdings in 3D Systems were worth $165,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Russell Investments Group Ltd. boosted its holdings in shares of 3D Systems by 5,994.9% during the 4th quarter. Russell Investments Group Ltd. now owns 4,754 shares of the 3D printing company’s stock worth $30,000 after buying an additional 4,676 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of 3D Systems by 386.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,490 shares of the 3D printing company’s stock worth $41,000 after buying an additional 5,155 shares during the period. Numerai GP LLC acquired a new position in 3D Systems during the 3rd quarter valued at $53,000. PNC Financial Services Group Inc. raised its stake in 3D Systems by 25.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 13,548 shares of the 3D printing company’s stock valued at $67,000 after purchasing an additional 2,786 shares during the last quarter. Finally, MQS Management LLC acquired a new position in 3D Systems during the 3rd quarter valued at $81,000. 64.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DDD has been the subject of several research analyst reports. StockNews.com cut shares of 3D Systems from a “hold” rating to a “sell” rating in a research note on Sunday, March 3rd. Cantor Fitzgerald reiterated an “overweight” rating and set a $8.25 target price on shares of 3D Systems in a research note on Tuesday, May 14th.

Check Out Our Latest Analysis on 3D Systems

3D Systems Price Performance

NYSE:DDD opened at $3.50 on Tuesday. 3D Systems Co. has a one year low of $3.32 and a one year high of $11.09. The stock has a market cap of $467.02 million, a P/E ratio of -1.23 and a beta of 1.81. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.30 and a quick ratio of 3.24. The company has a fifty day moving average price of $3.83 and a 200 day moving average price of $4.75.

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

About 3D Systems

(Free Report)

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.

See Also

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

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