Teachers Advisors LLC Purchases 1,864 Shares of 3D Systems Corporation (DDD)

Teachers Advisors LLC Purchases 1,864 Shares of 3D Systems Corporation (DDD)

Teachers Advisors LLC boosted its stake in 3D Systems Corporation (NYSE:DDD) by 1.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 176,253 shares of the 3D printing company’s stock after buying an additional 1,864 shares during the period. Teachers Advisors LLC owned 0.16% of 3D Systems Corporation worth $3,164,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DDD. BlackRock Fund Advisors boosted its position in 3D Systems Corporation by 43.6% in the second quarter. BlackRock Fund Advisors now owns 5,705,547 shares of the 3D printing company’s stock valued at $78,109,000 after buying an additional 1,733,230 shares during the last quarter. BlackRock Investment Management LLC boosted its position in shares of 3D Systems Corporation by 108.0% in the second quarter. BlackRock Investment Management LLC now owns 661,073 shares of the 3D printing company’s stock worth $9,050,000 after buying an additional 343,313 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of 3D Systems Corporation by 5.2% in the second quarter. Vanguard Group Inc. now owns 7,901,068 shares of the 3D printing company’s stock worth $108,165,000 after buying an additional 392,703 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of 3D Systems Corporation by 18.2% in the second quarter. Principal Financial Group Inc. now owns 397,485 shares of the 3D printing company’s stock worth $5,441,000 after buying an additional 61,252 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in shares of 3D Systems Corporation by 8.2% in the second quarter. Prudential Financial Inc. now owns 68,862 shares of the 3D printing company’s stock worth $943,000 after buying an additional 5,200 shares during the last quarter. Hedge funds and other institutional investors own 48.42% of the company’s stock.

3D Systems Corporation (NYSE:DDD) traded down 0.60% during trading on Friday, hitting $16.52. The company had a trading volume of 727,644 shares. The stock’s market capitalization is $1.86 billion. 3D Systems Corporation has a 1-year low of $7.40 and a 1-year high of $19.76. The company’s 50 day moving average price is $15.28 and its 200-day moving average price is $15.01.

3D Systems Corporation (NYSE:DDD) last issued its quarterly earnings data on Thursday, November 3rd. The 3D printing company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The business had revenue of $156.36 million for the quarter, compared to analysts’ expectations of $160.16 million. 3D Systems Corporation had a positive return on equity of 4.14% and a negative net margin of 98.40%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.01 EPS. On average, analysts expect that 3D Systems Corporation will post $0.44 EPS for the current year.

DDD has been the topic of a number of recent analyst reports. Vetr cut 3D Systems Corporation from a “strong-buy” rating to a “buy” rating and set a $19.89 price target on the stock. in a research report on Monday, October 3rd. Gabelli upgraded 3D Systems Corporation from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Friday, November 4th. Brean Capital restated a “hold” rating on shares of 3D Systems Corporation in a research report on Friday, November 4th. Jefferies Group LLC restated a “hold” rating and issued a $14.50 price target (down previously from $15.00) on shares of 3D Systems Corporation in a research report on Friday, November 4th. Finally, Zacks Investment Research upgraded 3D Systems Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, November 1st. Four analysts have rated the stock with a sell rating, nine have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $16.04.

About 3D Systems Corporation

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room.

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