Alliancebernstein L.P. lifted its stake in shares of 3D Systems Corporation (NYSE:DDD) by 10.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 173,852 shares of the 3D printing company’s stock after acquiring an additional 16,470 shares during the quarter. Alliancebernstein L.P. owned approximately 0.17% of 3D Systems Corporation worth $3,251,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. BlackRock Inc. increased its position in shares of 3D Systems Corporation by 23,856.2% during the first quarter. BlackRock Inc. now owns 11,328,150 shares of the 3D printing company’s stock worth $169,471,000 after acquiring an additional 11,280,863 shares during the period. Vanguard Group Inc. increased its position in shares of 3D Systems Corporation by 1.8% during the first quarter. Vanguard Group Inc. now owns 8,610,984 shares of the 3D printing company’s stock worth $128,820,000 after acquiring an additional 152,698 shares during the period. State Street Corp increased its position in shares of 3D Systems Corporation by 3.2% during the first quarter. State Street Corp now owns 3,329,492 shares of the 3D printing company’s stock worth $49,800,000 after acquiring an additional 103,745 shares during the period. OppenheimerFunds Inc. purchased a new position in shares of 3D Systems Corporation during the first quarter worth approximately $20,539,000. Finally, Bank of New York Mellon Corp increased its position in shares of 3D Systems Corporation by 4.8% during the first quarter. Bank of New York Mellon Corp now owns 1,321,337 shares of the 3D printing company’s stock worth $19,768,000 after acquiring an additional 60,511 shares during the period. 56.72% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on DDD shares. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $18.00 target price (up from $15.00) on shares of 3D Systems Corporation in a research report on Monday, June 26th. BidaskClub lowered shares of 3D Systems Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. Piper Jaffray Companies reaffirmed an “underweight” rating and set a $14.00 target price on shares of 3D Systems Corporation in a research report on Monday, July 3rd. Zacks Investment Research raised shares of 3D Systems Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. Finally, Susquehanna Bancshares Inc started coverage on shares of 3D Systems Corporation in a research report on Thursday, July 13th. They set a “neutral” rating and a $16.00 target price on the stock. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. 3D Systems Corporation has a consensus rating of “Hold” and an average price target of $16.12.

3D Systems Corporation (NYSE:DDD) opened at 13.47 on Monday. The stock’s market capitalization is $1.53 billion. 3D Systems Corporation has a one year low of $12.02 and a one year high of $23.70. The company’s 50-day moving average is $13.17 and its 200 day moving average is $16.53.

3D Systems Corporation (NYSE:DDD) last released its earnings results on Wednesday, August 2nd. The 3D printing company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.04). The business had revenue of $159.47 million for the quarter, compared to analyst estimates of $163.01 million. 3D Systems Corporation had a positive return on equity of 1.69% and a negative net margin of 5.39%. 3D Systems Corporation’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 earnings per share. Equities analysts expect that 3D Systems Corporation will post $0.44 EPS for the current year.

In other 3D Systems Corporation news, insider Vyomesh Joshi bought 15,400 shares of 3D Systems Corporation stock in a transaction on Tuesday, August 8th. The shares were bought at an average cost of $12.96 per share, for a total transaction of $199,584.00. Following the acquisition, the insider now directly owns 165,400 shares in the company, valued at $2,143,584. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 5.00% of the stock is owned by corporate insiders.

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3D Systems Corporation 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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