Cwm LLC Has $63,000 Stock Holdings in 3D Systems Co. (NYSE:DDD)

Cwm LLC decreased its holdings in shares of 3D Systems Co. (NYSE:DDD) by 71.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,995 shares of the 3D printing company’s stock after selling 24,763 shares during the quarter. Cwm LLC’s holdings in 3D Systems were worth $63,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Silverberg Bernstein Capital Management LLC acquired a new stake in 3D Systems during the 4th quarter valued at $4,684,000. Vanguard Group Inc. lifted its holdings in shares of 3D Systems by 0.4% during the third quarter. Vanguard Group Inc. now owns 13,950,820 shares of the 3D printing company’s stock worth $68,499,000 after buying an additional 51,868 shares in the last quarter. Aigen Investment Management LP acquired a new stake in shares of 3D Systems during the third quarter worth $228,000. GSA Capital Partners LLP acquired a new stake in shares of 3D Systems during the third quarter worth $700,000. Finally, Swiss National Bank lifted its holdings in shares of 3D Systems by 3.7% during the third quarter. Swiss National Bank now owns 293,450 shares of the 3D printing company’s stock worth $1,441,000 after buying an additional 10,400 shares in the last quarter. Institutional investors and hedge funds own 64.49% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DDD. Cantor Fitzgerald began coverage on 3D Systems in a report on Tuesday, February 13th. They set an “overweight” rating and a $8.50 target price for the company. StockNews.com downgraded 3D Systems from a “hold” rating to a “sell” rating in a report on Sunday, March 3rd.

3D Systems Stock Down 0.5 %

DDD stock opened at $3.67 on Thursday. The company has a market cap of $489.70 million, a PE ratio of -1.29 and a beta of 1.81. The business has a 50-day simple moving average of $4.06 and a 200 day simple moving average of $4.78. 3D Systems Co. has a 52 week low of $3.32 and a 52 week high of $11.09. The company has a quick ratio of 3.24, a current ratio of 4.30 and a debt-to-equity ratio of 0.76.

3D Systems (NYSE:DDD) last posted its quarterly earnings results on Tuesday, February 27th. The 3D printing company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.10). The company had revenue of $114.85 million during the quarter, compared to analyst estimates of $124.33 million. 3D Systems had a negative net margin of 75.90% and a negative return on equity of 9.34%. Sell-side analysts anticipate that 3D Systems Co. will post -0.25 EPS for the current fiscal year.

About 3D Systems

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.