Charles Schwab Investment Management Inc. Has $7.18 Million Position in 3D Systems Co. (NYSE:DDD)

Charles Schwab Investment Management Inc. increased its stake in shares of 3D Systems Co. (NYSE:DDDFree Report) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,130,655 shares of the 3D printing company’s stock after buying an additional 92,167 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.85% of 3D Systems worth $7,180,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James & Associates boosted its holdings in shares of 3D Systems by 12.2% in the 3rd quarter. Raymond James & Associates now owns 98,336 shares of the 3D printing company’s stock valued at $483,000 after purchasing an additional 10,717 shares in the last quarter. Quantbot Technologies LP raised its position in 3D Systems by 83.2% during the 3rd quarter. Quantbot Technologies LP now owns 167,249 shares of the 3D printing company’s stock worth $821,000 after purchasing an additional 75,938 shares during the last quarter. Pinnacle Wealth Planning Services Inc. bought a new position in 3D Systems during the 3rd quarter worth $96,000. Swiss National Bank raised its position in 3D Systems by 3.7% during the 3rd quarter. Swiss National Bank now owns 293,450 shares of the 3D printing company’s stock worth $1,441,000 after purchasing an additional 10,400 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in 3D Systems during the 3rd quarter worth $84,000. Institutional investors and hedge funds own 64.49% of the company’s stock.

3D Systems Price Performance

Shares of NYSE DDD opened at $3.52 on Friday. The company has a quick ratio of 3.24, a current ratio of 4.30 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $469.69 million, a PE ratio of -1.24 and a beta of 1.81. The stock’s 50 day moving average price is $3.76 and its 200-day moving average price is $4.73. 3D Systems Co. has a twelve month low of $3.32 and a twelve month high of $11.09.

Analyst Ratings Changes

Several research analysts recently issued reports on DDD shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $8.25 target price on shares of 3D Systems in a research report on Tuesday, May 14th. StockNews.com downgraded 3D Systems from a “hold” rating to a “sell” rating in a research note on Sunday, March 3rd.

Check Out Our Latest Research Report on DDD

3D Systems Profile

(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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