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Creative Planning Makes New $678,000 Investment in 3D Systems Co. (NYSE:DDD)


Creative Planning acquired a new position in shares of 3D Systems Co. (NYSE:DDDGet Rating) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 84,929 shares of the 3D printing company’s stock, valued at approximately $678,000. Creative Planning owned approximately 0.07% of 3D Systems as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund grew its stake in 3D Systems by 2.9% during the third quarter. Oregon Public Employees Retirement Fund now owns 42,921 shares of the 3D printing company’s stock worth $343,000 after buying an additional 1,218 shares in the last quarter. FMR LLC grew its stake in 3D Systems by 15.9% during the second quarter. FMR LLC now owns 9,246 shares of the 3D printing company’s stock worth $90,000 after buying an additional 1,265 shares in the last quarter. Pacer Advisors Inc. grew its stake in 3D Systems by 35.2% during the third quarter. Pacer Advisors Inc. now owns 5,128 shares of the 3D printing company’s stock worth $41,000 after buying an additional 1,334 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of 3D Systems by 4.7% in the second quarter. Cetera Investment Advisers now owns 34,819 shares of the 3D printing company’s stock worth $338,000 after acquiring an additional 1,574 shares during the last quarter. Finally, Maryland State Retirement & Pension System lifted its holdings in shares of 3D Systems by 3.1% in the second quarter. Maryland State Retirement & Pension System now owns 52,816 shares of the 3D printing company’s stock worth $512,000 after acquiring an additional 1,596 shares during the last quarter. 67.32% of the stock is currently owned by institutional investors and hedge funds.

3D Systems Trading Up 5.4 %

Shares of NYSE DDD opened at $10.86 on Wednesday. The company has a 50 day simple moving average of $8.88 and a 200 day simple moving average of $9.44. 3D Systems Co. has a 1 year low of $7.02 and a 1 year high of $20.51. The company has a current ratio of 5.68, a quick ratio of 4.85 and a debt-to-equity ratio of 0.61.

3D Systems (NYSE:DDDGet Rating) last issued its quarterly earnings data on Tuesday, November 8th. The 3D printing company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.01). The business had revenue of $132.25 million during the quarter, compared to the consensus estimate of $137.39 million. 3D Systems had a negative net margin of 18.58% and a negative return on equity of 8.73%. Equities research analysts anticipate that 3D Systems Co. will post -0.57 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on DDD. TheStreet cut shares of 3D Systems from a “c-” rating to a “d” rating in a report on Tuesday, November 8th. StockNews.com raised shares of 3D Systems to a “sell” rating in a report on Tuesday, December 13th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, 3D Systems currently has an average rating of “Hold” and a consensus target price of $16.50.

Insiders Place Their Bets

In other 3D Systems news, EVP Andrew Martin Johnson sold 7,787 shares of the firm’s stock in a transaction that occurred on Friday, December 9th. The shares were sold at an average price of $9.39, for a total transaction of $73,119.93. Following the completion of the transaction, the executive vice president now owns 178,434 shares in the company, valued at approximately $1,675,495.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other 3D Systems news, EVP Andrew Martin Johnson sold 7,787 shares of the firm’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of $9.39, for a total transaction of $73,119.93. Following the transaction, the executive vice president now directly owns 178,434 shares in the company, valued at approximately $1,675,495.26. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jeffrey A. Graves bought 10,000 shares of the stock in a transaction dated Friday, November 25th. The shares were acquired at an average price of $9.70 per share, for a total transaction of $97,000.00. Following the completion of the purchase, the chief executive officer now directly owns 559,181 shares in the company, valued at $5,424,055.70. The disclosure for this purchase can be found here. Company insiders own 3.45% of the company’s stock.

3D Systems Company Profile

(Get Rating)

3D Systems Corp. is a holding company, which engages in the provision of comprehensive three-dimensional printing solutions. It offers a comprehensive range of 3D printers, materials, software, haptic design tools, 3D scanners, and virtual surgical simulators. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.

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

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