BNP Paribas Financial Markets Has $133,000 Holdings in 3D Systems Co. (NYSE:DDD)

BNP Paribas Financial Markets raised its position in 3D Systems Co. (NYSE:DDD) by 14.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,778 shares of the 3D printing company’s stock after buying an additional 5,884 shares during the quarter. BNP Paribas Financial Markets’ holdings in 3D Systems were worth $133,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ARK Investment Management LLC boosted its stake in 3D Systems by 26.0% in the third quarter. ARK Investment Management LLC now owns 3,878,628 shares of the 3D printing company’s stock valued at $11,015,000 after buying an additional 799,157 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in 3D Systems by 85.1% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 876,987 shares of the 3D printing company’s stock worth $2,692,000 after purchasing an additional 403,175 shares in the last quarter. Silverberg Bernstein Capital Management LLC lifted its stake in 3D Systems by 32.8% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 1,223,759 shares of the 3D printing company’s stock valued at $3,475,000 after purchasing an additional 302,484 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in 3D Systems in the second quarter valued at approximately $824,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of 3D Systems by 13.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 993,145 shares of the 3D printing company’s stock worth $2,821,000 after buying an additional 116,158 shares during the last quarter. 64.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at 3D Systems

In related news, CEO Jeffrey A. Graves acquired 60,000 shares of the stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of $3.85 per share, for a total transaction of $231,000.00. Following the purchase, the chief executive officer now directly owns 1,091,782 shares of the company’s stock, valued at $4,203,360.70. The trade was a 5.82 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Charles W. Hull sold 115,971 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $3.86, for a total transaction of $447,648.06. Following the transaction, the executive vice president now directly owns 331,955 shares in the company, valued at approximately $1,281,346.30. This represents a 25.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Loop Capital cut their price objective on 3D Systems from $4.50 to $2.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Needham & Company LLC reiterated a “hold” rating on shares of 3D Systems in a research report on Thursday, December 12th. Craig Hallum upgraded shares of 3D Systems to a “hold” rating in a research report on Thursday, December 12th. Lake Street Capital reduced their price objective on shares of 3D Systems from $6.00 to $4.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th. Finally, StockNews.com raised 3D Systems from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $3.25.

3D Systems Stock Down 5.8 %

Shares of NYSE DDD opened at $3.58 on Thursday. The company’s 50 day moving average price is $3.19 and its 200-day moving average price is $3.08. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. 3D Systems Co. has a 52-week low of $1.72 and a 52-week high of $6.85. The company has a market capitalization of $485.52 million, a P/E ratio of -0.90 and a beta of 1.64.

3D Systems Profile

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.