Barclays PLC Acquires 149,793 Shares of 3D Systems Co. (NYSE:DDD)

Barclays PLC increased its holdings in 3D Systems Co. (NYSE:DDD) by 260.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 207,379 shares of the 3D printing company’s stock after buying an additional 149,793 shares during the period. Barclays PLC owned 0.16% of 3D Systems worth $589,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Y Intercept Hong Kong Ltd purchased a new stake in shares of 3D Systems during the third quarter worth $252,000. XTX Topco Ltd lifted its holdings in 3D Systems by 1,844.0% during the 3rd quarter. XTX Topco Ltd now owns 359,817 shares of the 3D printing company’s stock worth $1,022,000 after purchasing an additional 341,308 shares in the last quarter. DF Dent & Co. Inc. purchased a new stake in 3D Systems during the 3rd quarter worth about $142,000. Weiss Asset Management LP bought a new position in 3D Systems in the 3rd quarter worth about $1,143,000. Finally, Quadrature Capital Ltd grew its holdings in 3D Systems by 530.1% during the 3rd quarter. Quadrature Capital Ltd now owns 90,242 shares of the 3D printing company’s stock valued at $257,000 after buying an additional 75,921 shares in the last quarter. 64.49% of the stock is owned by institutional investors.

Insider Buying and Selling at 3D Systems

In other news, EVP Charles W. Hull sold 115,971 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $3.86, for a total transaction of $447,648.06. Following the transaction, the executive vice president now directly owns 331,955 shares of the company’s stock, valued at approximately $1,281,346.30. The trade was a 25.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeffrey A. Graves purchased 60,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was acquired at an average cost of $3.85 per share, with a total value of $231,000.00. Following the purchase, the chief executive officer now directly owns 1,091,782 shares of the company’s stock, valued at $4,203,360.70. This trade represents a 5.82 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 3.70% of the stock is currently owned by corporate insiders.

3D Systems Price Performance

Shares of 3D Systems stock opened at $3.28 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. 3D Systems Co. has a 52-week low of $1.72 and a 52-week high of $6.36. The company’s 50 day moving average price is $3.27 and its 200-day moving average price is $3.05. The stock has a market capitalization of $444.83 million, a price-to-earnings ratio of -0.82 and a beta of 1.64.

Analysts Set New Price Targets

DDD has been the subject of a number of analyst reports. Loop Capital cut their price objective on shares of 3D Systems from $4.50 to $2.00 and set a “hold” rating for the company in a research report on Thursday, September 5th. Lake Street Capital cut their price target on shares of 3D Systems from $6.00 to $4.00 and set a “buy” rating for the company in a report on Thursday, September 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of 3D Systems in a report on Thursday, December 12th. Craig Hallum upgraded 3D Systems to a “hold” rating in a research report on Thursday, December 12th. Finally, StockNews.com raised shares of 3D Systems from a “sell” rating to a “hold” rating in a research note on Thursday, November 28th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, 3D Systems currently has an average rating of “Hold” and an average target price of $3.25.

3D Systems Company Profile

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.