5,208,333 Shares in 3D Systems Corporation $DDD Acquired by Capital World Investors

Key Points

• Capital World Investors acquired 5,208,333 shares of 3D Systems (about a 4.05% stake) in Q3, valued at approximately $15.1 million per its 13F filing.
• 3D Systems reported Q results with EPS of -$0.13 (missing estimates by $0.03) and revenue of $106.3M (beating estimates), yet the stock was down 3.2% and has a market cap of about $349.1M and a 52‑week range of $1.32–$3.80.
• Analyst coverage is mixed — the consensus rating is Hold with a $5.00 target — and institutional investors own roughly 64.49% of the shares.

Capital World Investors acquired a new stake in 3D Systems Corporation (NYSE:DDD - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,208,333 shares of the 3D printing company's stock, valued at approximately $15,104,000. Capital World Investors owned 4.05% of 3D Systems at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of 3D Systems by 7.7% during the 1st quarter. Royal Bank of Canada now owns 1,529,217 shares of the 3D printing company's stock valued at $3,242,000 after acquiring an additional 109,467 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of 3D Systems in the 1st quarter valued at $205,000. Jacobs Levy Equity Management Inc. bought a new position in shares of 3D Systems in the 1st quarter worth $143,000. NewEdge Advisors LLC grew its stake in shares of 3D Systems by 5,139.4% during the first quarter. NewEdge Advisors LLC now owns 13,151 shares of the 3D printing company's stock worth $28,000 after purchasing an additional 12,900 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of 3D Systems during the first quarter worth $205,000. 64.49% of the stock is owned by institutional investors.

3D Systems Stock Down 3.2%

DDD stock opened at $2.39 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.87 and a quick ratio of 1.73. The stock has a market capitalization of $349.11 million, a P/E ratio of -239,000.00 and a beta of 2.39. 3D Systems Corporation has a fifty-two week low of $1.32 and a fifty-two week high of $3.80. The business has a 50-day moving average of $2.26 and a 200-day moving average of $2.36.

3D Systems (NYSE:DDD - Get Free Report) last announced its earnings results on Monday, March 9th. The 3D printing company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.03). The firm had revenue of $106.30 million during the quarter, compared to analyst estimates of $97.99 million. 3D Systems had a net margin of 7.72% and a negative return on equity of 34.60%. On average, sell-side analysts anticipate that 3D Systems Corporation will post -0.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DDD has been the topic of several analyst reports. Leerink Partners reissued an "outperform" rating on shares of 3D Systems in a research note on Tuesday. Weiss Ratings restated a "sell (d)" rating on shares of 3D Systems in a research report on Monday, December 29th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $5.00 price target on shares of 3D Systems in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $5.00.

About 3D Systems

3D Systems, founded in 1986 by stereolithography pioneer Chuck Hull, is a leading provider of additive manufacturing solutions. Headquartered in Rock Hill, South Carolina, the company develops and sells a broad range of 3D printers, materials, software, and on-demand manufacturing services. Its core technologies include stereolithography (SLA), selective laser sintering (SLS), direct metal printing (DMP), and multi-jet printing (MJP), enabling customers to build prototypes, production parts, and complex geometries across a variety of industries.

The company's hardware portfolio spans desktop to production-scale systems designed for applications in aerospace, automotive, healthcare, consumer products, and education.

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