Bank of New York Mellon Corp Has $22519000 Position in 3D Systems Corporation (DDD)

Bank of New York Mellon Corp increased its position in shares of 3D Systems Corporation (NYSE:DDD) by 0.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,254,553 shares of the 3D printing company’s stock after buying an additional 351 shares during the period. Bank of New York Mellon Corp owned 1.12% of 3D Systems Corporation worth $22,519,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in 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 in the last quarter. BlackRock Fund Advisors increased 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 worth $78,109,000 after buying an additional 1,733,230 shares in the last quarter. State Street Corp increased its position in 3D Systems Corporation by 22.5% in the second quarter. State Street Corp now owns 3,400,659 shares of the 3D printing company’s stock worth $46,554,000 after buying an additional 625,061 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its position in 3D Systems Corporation by 1.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,098,413 shares of the 3D printing company’s stock worth $42,417,000 after buying an additional 51,850 shares in the last quarter. Finally, Credit Suisse AG increased its position in 3D Systems Corporation by 48.7% in the second quarter. Credit Suisse AG now owns 770,784 shares of the 3D printing company’s stock worth $10,552,000 after buying an additional 252,471 shares in the last quarter. Hedge funds and other institutional investors own 48.62% of the company’s stock.

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

Shares of 3D Systems Corporation (NYSE:DDD) traded down 0.67% during midday trading on Monday, reaching $13.29. The company had a trading volume of 1,644,018 shares. The company has a 50 day moving average of $14.52 and a 200 day moving average of $14.67. The company’s market capitalization is $1.49 billion. 3D Systems Corporation has a one year low of $6.00 and a one year high of $19.76.

3D Systems Corporation (NYSE:DDD) last posted its quarterly earnings results on Thursday, November 3rd. The 3D printing company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.05. 3D Systems Corporation had a positive return on equity of 4.14% and a negative net margin of 98.40%. The firm earned $156.36 million during the quarter, compared to analyst estimates of $160.16 million. During the same period last year, the company earned $0.01 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts predict that 3D Systems Corporation will post $0.43 EPS for the current fiscal year.

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Several research analysts have recently commented on DDD shares. Vetr upgraded 3D Systems Corporation from a “sell” rating to a “buy” rating and set a $17.50 target price for the company in a research note on Monday, September 26th. Bank of America Corporation set a $25.00 target price on 3D Systems Corporation and gave the stock a “buy” rating in a research note on Tuesday, September 13th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a $16.00 target price on shares of 3D Systems Corporation in a research note on Tuesday, December 13th. Zacks Investment Research downgraded 3D Systems Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 4th. Finally, Canaccord Genuity reiterated a “hold” rating and set a $14.00 target price on shares of 3D Systems Corporation in a research note on Tuesday, September 13th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. 3D Systems Corporation currently has an average rating of “Hold” and a consensus price target of $16.04.

3D Systems Corporation Company Profile

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.

5 Day Chart for NYSE:DDD

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