Rhumbline Advisers Has $680,000 Position in 3D Systems Co. (NYSE:DDD)

Rhumbline Advisers raised its holdings in 3D Systems Co. (NYSE:DDD) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 207,406 shares of the 3D printing company’s stock after acquiring an additional 4,451 shares during the quarter. Rhumbline Advisers owned about 0.15% of 3D Systems worth $680,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Vontobel Holding Ltd. increased its holdings in shares of 3D Systems by 230.6% during the 4th quarter. Vontobel Holding Ltd. now owns 52,900 shares of the 3D printing company’s stock valued at $174,000 after acquiring an additional 36,900 shares during the last quarter. Pacer Advisors Inc. boosted its position in 3D Systems by 104.5% during the fourth quarter. Pacer Advisors Inc. now owns 18,465 shares of the 3D printing company’s stock worth $61,000 after purchasing an additional 9,434 shares during the period. Blue Trust Inc. grew its holdings in 3D Systems by 411.6% during the fourth quarter. Blue Trust Inc. now owns 10,006 shares of the 3D printing company’s stock valued at $33,000 after purchasing an additional 8,050 shares during the last quarter. Exchange Traded Concepts LLC raised its position in shares of 3D Systems by 2.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 3,203,001 shares of the 3D printing company’s stock valued at $10,506,000 after purchasing an additional 68,530 shares during the period. Finally, Impact Partnership Wealth LLC lifted its stake in shares of 3D Systems by 31.3% in the fourth quarter. Impact Partnership Wealth LLC now owns 27,772 shares of the 3D printing company’s stock worth $91,000 after buying an additional 6,615 shares during the last quarter. 64.49% of the stock is owned by institutional investors.

Insider Activity

In other 3D Systems news, CEO Jeffrey A. Graves purchased 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of $3.85 per share, for a total transaction of $231,000.00. Following the transaction, the chief executive officer now directly owns 1,091,782 shares in the company, valued at approximately $4,203,360.70. The trade was a 5.82 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP Charles W. Hull sold 115,971 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $3.86, for a total value of $447,648.06. Following the sale, the executive vice president now directly owns 331,955 shares of the company’s stock, valued at $1,281,346.30. This represents a 25.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is owned by corporate insiders.

3D Systems Trading Down 2.8 %

Shares of 3D Systems stock opened at $2.95 on Friday. The company’s fifty day moving average price is $3.69 and its two-hundred day moving average price is $3.19. The firm has a market capitalization of $399.40 million, a PE ratio of -0.74 and a beta of 1.63. 3D Systems Co. has a 52-week low of $1.72 and a 52-week high of $5.25. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DDD shares. Weiss Ratings reissued a “sell (d-)” rating on shares of 3D Systems in a research report on Friday. StockNews.com upgraded 3D Systems from a “sell” rating to a “hold” rating in a research note on Thursday, November 28th. Craig Hallum upgraded 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of 3D Systems in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, 3D Systems currently has an average rating of “Hold” and an average price target of $3.25.

About 3D Systems

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.