3D Systems Co. (NYSE:DDD) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in shares of 3D Systems Co. (NYSE:DDD - Free Report) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,103,649 shares of the 3D printing company's stock after selling 388,734 shares during the quarter. Vanguard Group Inc. owned approximately 5.24% of 3D Systems worth $23,300,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Barclays PLC boosted its stake in shares of 3D Systems by 260.1% during the third quarter. Barclays PLC now owns 207,379 shares of the 3D printing company's stock valued at $589,000 after purchasing an additional 149,793 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in 3D Systems by 17.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,193,107 shares of the 3D printing company's stock valued at $3,913,000 after acquiring an additional 178,102 shares in the last quarter. Geode Capital Management LLC raised its position in shares of 3D Systems by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company's stock worth $8,541,000 after acquiring an additional 38,431 shares in the last quarter. Inspire Investing LLC lifted its stake in shares of 3D Systems by 822.7% during the 4th quarter. Inspire Investing LLC now owns 139,685 shares of the 3D printing company's stock worth $458,000 after purchasing an additional 124,547 shares during the last quarter. Finally, Silverberg Bernstein Capital Management LLC boosted its position in 3D Systems by 8.2% during the fourth quarter. Silverberg Bernstein Capital Management LLC now owns 1,323,709 shares of the 3D printing company's stock valued at $4,342,000 after purchasing an additional 99,950 shares in the last quarter. Hedge funds and other institutional investors own 64.49% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a report on Friday, March 28th. Cantor Fitzgerald reduced their price objective on shares of 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. StockNews.com downgraded shares of 3D Systems from a "hold" rating to a "sell" rating in a research note on Friday, April 4th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of 3D Systems in a research report on Tuesday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $3.67.

3D Systems Stock Performance

DDD stock traded down $0.07 during trading on Friday, reaching $1.86. The company had a trading volume of 4,403,100 shares, compared to its average volume of 2,689,167. The company has a market cap of $251.83 million, a price-to-earnings ratio of -0.47 and a beta of 1.81. 3D Systems Co. has a twelve month low of $1.72 and a twelve month high of $5.00. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. The firm has a 50-day simple moving average of $2.84 and a 200-day simple moving average of $3.16.

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.