Trent Capital Management Inc. NC purchased a new position in 3D Systems Corporation (NYSE:DDD) during the second quarter, Holdings Channel reports. The institutional investor purchased 10,700 shares of the 3D printing company’s stock, valued at approximately $200,000.

A number of other institutional investors also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its position in 3D Systems Corporation by 0.6% in the first quarter. Stifel Financial Corp now owns 19,099 shares of the 3D printing company’s stock worth $279,000 after buying an additional 105 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its position in 3D Systems Corporation by 0.7% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 18,527 shares of the 3D printing company’s stock worth $277,000 after buying an additional 131 shares during the last quarter. Cutter & CO Brokerage Inc. increased its position in 3D Systems Corporation by 1.3% in the first quarter. Cutter & CO Brokerage Inc. now owns 15,740 shares of the 3D printing company’s stock worth $235,000 after buying an additional 200 shares during the last quarter. Private Advisor Group LLC increased its position in 3D Systems Corporation by 1.9% in the first quarter. Private Advisor Group LLC now owns 17,786 shares of the 3D printing company’s stock worth $255,000 after buying an additional 324 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in 3D Systems Corporation by 0.3% in the first quarter. Alliancebernstein L.P. now owns 157,382 shares of the 3D printing company’s stock worth $2,354,000 after buying an additional 430 shares during the last quarter. 55.07% of the stock is owned by institutional investors.

Shares of 3D Systems Corporation (NYSE:DDD) opened at 12.83 on Thursday. The company’s 50 day moving average is $17.79 and its 200 day moving average is $17.40. The company’s market cap is $1.35 billion. 3D Systems Corporation has a 12 month low of $12.34 and a 12 month high of $23.70.

3D Systems Corporation (NYSE:DDD) last posted its quarterly earnings data on Wednesday, August 2nd. The 3D printing company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by $0.04. The firm had revenue of $159.47 million for the quarter, compared to the consensus estimate of $163.01 million. 3D Systems Corporation had a positive return on equity of 1.69% and a negative net margin of 5.39%. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.12 EPS. On average, equities research analysts predict that 3D Systems Corporation will post $0.45 EPS for the current fiscal year.

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A number of equities analysts have weighed in on the stock. Deutsche Bank AG reaffirmed a “hold” rating and set a $15.00 target price (down previously from $16.00) on shares of 3D Systems Corporation in a research note on Wednesday. Loop Capital reaffirmed a “hold” rating and set a $15.00 target price on shares of 3D Systems Corporation in a research note on Wednesday. Jefferies Group LLC raised their target price on shares of 3D Systems Corporation from $15.00 to $17.50 and gave the company a “hold” rating in a research note on Thursday, May 4th. FBR & Co reaffirmed a “hold” rating and set a $18.00 target price on shares of 3D Systems Corporation in a research note on Monday, May 15th. Finally, Susquehanna Bancshares Inc assumed coverage on shares of 3D Systems Corporation in a research note on Thursday, July 13th. They set a “neutral” rating and a $16.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $17.00.

In related news, Director G Walter Loewenbaum II sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $22.15, for a total transaction of $553,750.00. Following the completion of the transaction, the director now owns 1,042,402 shares in the company, valued at approximately $23,089,204.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Vyomesh Joshi acquired 15,400 shares of 3D Systems Corporation stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of $12.96 per share, with a total value of $199,584.00. Following the purchase, the insider now owns 165,400 shares in the company, valued at $2,143,584. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 102,500 shares of company stock valued at $2,221,425. 5.00% of the stock is currently owned by company insiders.

3D Systems Corporation Company Profile

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.

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

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