Barclays PLC Raises Stock Holdings in 3D Systems Co. (NYSE:DDD)

Barclays PLC boosted its stake in shares of 3D Systems Co. (NYSE:DDD - Free Report) by 260.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,379 shares of the 3D printing company's stock after purchasing an additional 149,793 shares during the quarter. Barclays PLC owned about 0.15% of 3D Systems worth $589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DDD. Geode Capital Management LLC lifted its position in 3D Systems by 1.3% during the third quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company's stock valued at $8,541,000 after acquiring an additional 38,431 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of 3D Systems in the 3rd quarter worth $252,000. XTX Topco Ltd boosted its position in shares of 3D Systems by 1,844.0% in the 3rd quarter. XTX Topco Ltd now owns 359,817 shares of the 3D printing company's stock worth $1,022,000 after purchasing an additional 341,308 shares in the last quarter. DF Dent & Co. Inc. purchased a new position in 3D Systems during the 3rd quarter worth $142,000. Finally, Weiss Asset Management LP acquired a new position in 3D Systems during the 3rd quarter valued at about $1,143,000. Hedge funds and other institutional investors own 64.49% of the company's stock.

3D Systems Stock Performance

Shares of NYSE:DDD traded down $0.03 during trading on Friday, hitting $3.09. The stock had a trading volume of 1,897,304 shares, compared to its average volume of 2,047,392. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97. 3D Systems Co. has a 12-month low of $1.72 and a 12-month high of $5.75. The stock has a market capitalization of $418.39 million, a price-to-earnings ratio of -0.78 and a beta of 1.61. The stock has a 50-day simple moving average of $3.28 and a two-hundred day simple moving average of $3.05.

Insider Buying and Selling

In other news, EVP Charles W. Hull sold 115,971 shares of the company's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $3.86, for a total value of $447,648.06. Following the sale, the executive vice president now directly owns 331,955 shares of the company's stock, valued at $1,281,346.30. This represents a 25.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey A. Graves acquired 60,000 shares of 3D Systems stock in a transaction on Tuesday, December 17th. The shares were bought at an average price of $3.85 per share, with a total value of $231,000.00. Following the purchase, the chief executive officer now directly owns 1,091,782 shares in the company, valued at approximately $4,203,360.70. The trade was a 5.82 % increase in their position. The disclosure for this purchase can be found here. 3.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

DDD has been the topic of a number of research analyst reports. Needham & Company LLC restated a "hold" rating on shares of 3D Systems in a research note on Wednesday. Craig Hallum upgraded shares of 3D Systems to a "hold" rating in a research note on Thursday, December 12th. Finally, StockNews.com upgraded shares of 3D Systems from a "sell" rating to a "hold" rating in a research note on Thursday, November 28th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $3.25.

3D Systems Company 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.