Silverberg Bernstein Capital Management LLC Buys 506,139 Shares of 3D Systems Corporation $DDD

Key Points

• Silverberg Bernstein Capital Management LLC increased its ownership in 3D Systems Corporation by 33%, acquiring an additional 506,139 shares, bringing its total stake to 2,040,660 shares.
• Recent analyst ratings for 3D Systems show mixed sentiments, with one upgrade to "hold" by Wall Street Zen, while Weiss Ratings reaffirmed a "sell" rating, resulting in an average rating of "hold" with a target price of $5.00.
• Institutional investors collectively own 64.49% of 3D Systems stock, indicating significant institutional interest in the company's prospects.

Silverberg Bernstein Capital Management LLC lifted its stake in 3D Systems Corporation (NYSE:DDD - Free Report) by 33.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,040,660 shares of the 3D printing company's stock after acquiring an additional 506,139 shares during the period. 3D Systems makes up about 2.2% of Silverberg Bernstein Capital Management LLC's holdings, making the stock its 11th largest holding. Silverberg Bernstein Capital Management LLC owned 1.50% of 3D Systems worth $3,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Nuveen LLC bought a new position in shares of 3D Systems in the first quarter worth $3,528,000. Royal Bank of Canada raised its holdings in shares of 3D Systems by 7.7% in 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 in the last quarter. Two Sigma Investments LP boosted its position in shares of 3D Systems by 172.2% during the 4th quarter. Two Sigma Investments LP now owns 1,492,071 shares of the 3D printing company's stock valued at $4,894,000 after acquiring an additional 944,010 shares during the last quarter. Two Sigma Advisers LP grew its holdings in shares of 3D Systems by 553.9% during the fourth quarter. Two Sigma Advisers LP now owns 1,436,600 shares of the 3D printing company's stock worth $4,712,000 after purchasing an additional 1,216,900 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in 3D Systems by 2.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 814,994 shares of the 3D printing company's stock valued at $1,728,000 after purchasing an additional 15,911 shares in the last quarter. 64.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of 3D Systems from a "sell" rating to a "hold" rating in a research report on Saturday, August 16th. Zacks Research raised 3D Systems to a "hold" rating in a research note on Tuesday, August 12th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of 3D Systems in a research note on Saturday. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, 3D Systems presently has an average rating of "Hold" and an average target price of $5.00.

3D Systems Stock Performance

3D Systems stock opened at $2.35 on Tuesday. The stock's 50 day simple moving average is $1.96 and its two-hundred day simple moving average is $1.98. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.82 and a current ratio of 2.76. The stock has a market cap of $301.39 million, a price-to-earnings ratio of -1.79 and a beta of 2.08. 3D Systems Corporation has a fifty-two week low of $1.32 and a fifty-two week high of $5.00.

3D Systems 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.

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