BNP Paribas Financial Markets Decreases Position in 3D Systems Co. (NYSE:DDD)

BNP Paribas Financial Markets lowered its stake in shares of 3D Systems Co. (NYSE:DDDFree Report) by 58.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,709 shares of the 3D printing company’s stock after selling 95,840 shares during the period. BNP Paribas Financial Markets owned 0.05% of 3D Systems worth $436,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DDD. Russell Investments Group Ltd. grew its stake in 3D Systems by 5,994.9% in the 4th quarter. Russell Investments Group Ltd. now owns 4,754 shares of the 3D printing company’s stock valued at $30,000 after buying an additional 4,676 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in 3D Systems by 386.1% in the 4th 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 in the last quarter. Numerai GP LLC purchased a new position in 3D Systems in the 3rd quarter valued at approximately $53,000. Private Advisor Group LLC purchased a new position in 3D Systems in the 4th quarter valued at approximately $79,000. Finally, PNC Financial Services Group Inc. grew its stake in 3D Systems by 25.9% in 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 buying an additional 2,786 shares in the last quarter. Hedge funds and other institutional investors own 64.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DDD. StockNews.com lowered 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 issued a $8.25 price objective on shares of 3D Systems in a research note on Tuesday, May 14th.

Get Our Latest Stock Analysis on DDD

3D Systems Price Performance

DDD opened at $3.52 on Tuesday. The company has a fifty day moving average price of $3.74 and a 200-day moving average price of $4.72. The firm has a market capitalization of $469.67 million, a P/E ratio of -1.24 and a beta of 1.75. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.30 and a quick ratio of 3.24. 3D Systems Co. has a one year low of $3.32 and a one year high of $11.09.

3D Systems Company 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.

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

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