3D Systems’ (DDD) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d-) rating on shares of 3D Systems (NYSE:DDD) in a research report report published on Saturday morning,Weiss Ratings reports.

DDD has been the topic of a number of other reports. Craig Hallum raised 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Needham & Company LLC reiterated a “hold” rating on shares of 3D Systems in a research report on Wednesday, January 15th. Finally, StockNews.com lowered shares of 3D Systems from a “hold” rating to a “sell” rating in a report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $3.25.

3D Systems Stock Up 7.9 %

Shares of DDD opened at $2.79 on Friday. The stock has a market capitalization of $377.70 million, a price-to-earnings ratio of -0.70 and a beta of 1.63. 3D Systems has a 52 week low of $1.72 and a 52 week 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 stock has a fifty day moving average of $3.54 and a 200-day moving average of $3.23.

Hedge Funds Weigh In On 3D Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in DDD. Intech Investment Management LLC lifted its position in shares of 3D Systems by 6.4% in the 3rd quarter. Intech Investment Management LLC now owns 52,323 shares of the 3D printing company’s stock worth $149,000 after purchasing an additional 3,166 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in 3D Systems in the third quarter valued at $170,000. DRW Securities LLC acquired a new position in 3D Systems in the third quarter valued at $291,000. BNP Paribas Financial Markets boosted its position in 3D Systems by 14.4% during the third quarter. BNP Paribas Financial Markets now owns 46,778 shares of the 3D printing company’s stock valued at $133,000 after acquiring an additional 5,884 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in 3D Systems by 30.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,342 shares of the 3D printing company’s stock worth $140,000 after acquiring an additional 11,616 shares during the period. 64.49% of the stock is owned by institutional investors and hedge funds.

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.