The 64452 Shares in 3D Systems Corporation (NYSE:DDD) Acquired by CHURCHILL …

A number of other large investors also recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in shares of 3D Systems Corporation during the fourth quarter worth $219,000. Comerica Bank raised its stake in shares of 3D Systems Corporation by 5.6% in the fourth quarter. Comerica Bank now owns 78,369 shares of the 3D printing company’s stock worth $1,262,000 after buying an additional 4,157 shares in the last quarter. Credit Agricole S A bought a new stake in shares of 3D Systems Corporation during the fourth quarter worth $125,000. Tudor Investment Corp Et Al bought a new stake in shares of 3D Systems Corporation during the fourth quarter worth $240,000. Finally, AQR Capital Management LLC raised its stake in shares of 3D Systems Corporation by 785.3% in the fourth quarter. AQR Capital Management LLC now owns 116,747 shares of the 3D printing company’s stock worth $1,552,000 after buying an additional 103,560 shares in the last quarter. Institutional investors and hedge funds own 54.86% of the company’s stock.

CHURCHILL MANAGEMENT Corp bought a new position in shares of 3D Systems Corporation (NYSE:DDD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 64,452 shares of the 3D printing company’s stock, valued at approximately $1,205,000.

3D Systems Corporation (NYSE:DDD) opened at 18.20 on Thursday. The firm’s 50 day moving average is $21.38 and its 200 day moving average is $17.03. 3D Systems Corporation has a 12-month low of $11.98 and a 12-month high of $23.70. The company’s market cap is $2.07 billion.

DDD has been the subject of a number of research reports. Zacks Investment Research lowered shares of 3D Systems Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Jefferies Group LLC upped their price objective on 3D Systems Corporation from $15.00 to $17.50 and gave the stock a “hold” rating in a research note on Thursday, May 4th. FBR & Co restated a “hold” rating and issued a $18.00 price objective on shares of 3D Systems Corporation in a research note on Friday, May 5th. Piper Jaffray Companies upped their price objective on 3D Systems Corporation from $11.00 to $14.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 24th. Finally, Canaccord Genuity restated a “hold” rating and issued a $15.00 price objective on shares of 3D Systems Corporation in a research note on Friday, May 26th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. 3D Systems Corporation currently has a consensus rating of “Hold” and a consensus target price of $17.80.

In related news, Director G Walter Loewenbaum II sold 25,000 shares of the company’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $22.15, for a total transaction of $553,750.00. Following the completion of the sale, the director now owns 1,042,402 shares of the company’s stock, valued at approximately $23,089,204.30. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Andrew Martin Johnson sold 10,000 shares of the company’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $21.19, for a total transaction of $211,900.00. Following the sale, the executive vice president now directly owns 241,666 shares of the company’s stock, valued at approximately $5,120,902.54. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 102,500 shares of company stock valued at $2,221,425. 5.00% of the stock is owned by corporate insiders.

About 3D Systems Corporation

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.

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