3D Systems Corporation (DDD) : Concourse Capital Management scooped up 43,343 additional shares in 3D Systems Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 70,509 shares of 3D Systems Corporation which is valued at $1,011,804.3D Systems Corporation makes up approximately 0.62% of Concourse Capital Management’s portfolio.
Other Hedge Funds, Including , Quantbot Technologies Lp sold out all of its stake in DDD during the most recent quarter. The investment firm sold 50 shares of DDD which is valued $718. Quantitative Systematic Strategies added DDD to its portfolio by purchasing 12,667 company shares during the most recent quarter which is valued at $169,611. 3D Systems Corporation makes up approx 0.07% of Quantitative Systematic Strategies’s portfolio.Independent Portfolio Consultants reduced its stake in DDD by selling 117 shares or 52.7% in the most recent quarter. The Hedge Fund company now holds 105 shares of DDD which is valued at $1,415. Iowa State Bank added DDD to its portfolio by purchasing 190 company shares during the most recent quarter which is valued at $2,683.
3D Systems Corporation opened for trading at $14.89 and hit $15.93 on the upside on Monday, eventually ending the session at $15.36, with a gain of 3.99% or 0.59 points. The heightened volatility saw the trading volume jump to 58,50,389 shares. Company has a market cap of $1,724 M.
On the company’s financial health, 3D Systems Corporation reported $0.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.06. The company had revenue of $158.11 million for the quarter, compared to analysts expectations of $160.93 million. The company’s revenue was down -7.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on 3D Systems Corporation. 3D Systems Corporation was Downgraded by Piper Jaffray to ” Underweight” on Jul 18, 2016. FBR Capital Initiated 3D Systems Corporation on May 24, 2016 to “Mkt Perform”, Price Target of the shares are set at $14.50.
3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions including 3D printers print materials and cloud sourced custom parts. Its healthcare solutions include end-to-end simulation training and planning and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. It also provides software and haptic and perceptual devices for design including 3D digital design scan-to-computer-aided design (CAD) scan-to-print reverse engineering inspection sculpting and medical modeling and simulation applications. For its healthcare customers it also offers virtual surgical planning and medical modeling services digitizing scanners and simulation products. The Company operates in the Americas Europe the Middle East and the Asia Pacific regions.