3D Systems Corporation (DDD) : Advisory Services Network scooped up 1,685 additional shares in 3D Systems Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 22,223 shares of 3D Systems Corporation which is valued at $389,569.3D Systems Corporation makes up approximately 0.07% of Advisory Services Network’s portfolio.
Other Hedge Funds, Including , Simplex Trading sold out all of its stake in DDD during the most recent quarter. The investment firm sold 27,804 shares of DDD which is valued $487,404.Independent Portfolio Consultants reduced its stake in DDD by selling 5 shares or 4.76% in the most recent quarter. The Hedge Fund company now holds 100 shares of DDD which is valued at $1,832.Bnp Paribas Arbitrage Sa boosted its stake in DDD in the latest quarter, The investment management firm added 50,895 additional shares and now holds a total of 244,340 shares of 3D Systems Corporation which is valued at $4,476,309. 3D Systems Corporation makes up approx 0.02% of Bnp Paribas Arbitrage Sa’s portfolio.
3D Systems Corporation closed down -0.65 points or -3.58% at $17.53 with 22,27,180 shares getting traded on Friday. Post opening the session at $18.11, the shares hit an intraday low of $17.44 and an intraday high of $18.18 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, 3D Systems Corporation reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.06. The company had revenue of $158.11 million for the quarter, compared to analysts expectations of $160.93 million. The company’s revenue was down -7.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on 3D Systems Corporation. 3D Systems Corporation was Downgraded by Piper Jaffray to ” Underweight” on Jul 18, 2016.
3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions including 3D printers print materials and cloud sourced custom parts. Its healthcare solutions include end-to-end simulation training and planning and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. It also provides software and haptic and perceptual devices for design including 3D digital design scan-to-computer-aided design (CAD) scan-to-print reverse engineering inspection sculpting and medical modeling and simulation applications. For its healthcare customers it also offers virtual surgical planning and medical modeling services digitizing scanners and simulation products. The Company operates in the Americas Europe the Middle East and the Asia Pacific regions.