3D Systems Corporation (DDD) : Investment Management Of Virginia reduced its stake in 3D Systems Corporation by 1.61% during the most recent quarter end. The investment management company now holds a total of 1,657,733 shares of 3D Systems Corporation which is valued at $24,567,603 after selling 27,193 shares in 3D Systems Corporation , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.3D Systems Corporation makes up approximately 6.21% of Investment Management Of Virginia’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in DDD in the latest quarter, The investment management firm added 658 additional shares and now holds a total of 15,854 shares of 3D Systems Corporation which is valued at $234,956. 3D Systems Corporation makes up approx 0.01% of Msi Financial Services Inc’s portfolio.Weaver C. Barksdale Associates reduced its stake in DDD by selling 15 shares or 7.25% in the most recent quarter. The Hedge Fund company now holds 192 shares of DDD which is valued at $3,204. 3D Systems Corporation makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.Creative Planning boosted its stake in DDD in the latest quarter, The investment management firm added 1,164 additional shares and now holds a total of 35,061 shares of 3D Systems Corporation which is valued at $585,168.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 -1.03 points or -5.81% at $16.69 with 32,80,845 shares getting traded on Tuesday. Post opening the session at $17.59, the shares hit an intraday low of $16.59 and an intraday high of $17.86 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.