3D Systems’ (DDD) Hold Rating Reiterated at Needham & Company LLC

3D Systems (NYSE:DDD)‘s stock had its “hold” rating reissued by analysts at Needham & Company LLC in a report released on Friday,Benzinga reports.

A number of other equities analysts also recently commented on DDD. Weiss Ratings reissued a “sell (d-)” rating on shares of 3D Systems in a research note on Saturday, March 22nd. Craig Hallum upgraded 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Finally, StockNews.com raised 3D Systems from a “sell” rating to a “hold” rating in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $3.25.

3D Systems Trading Down 21.1 %

NYSE DDD opened at $2.15 on Friday. 3D Systems has a one year low of $1.72 and a one year 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 company has a market capitalization of $290.90 million, a price-to-earnings ratio of -0.54 and a beta of 1.63. The company’s 50-day simple moving average is $3.51 and its two-hundred day simple moving average is $3.22.

Institutional Trading of 3D Systems

A number of institutional investors have recently made changes to their positions in DDD. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in 3D Systems by 15.7% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 16,779 shares of the 3D printing company’s stock valued at $55,000 after buying an additional 2,279 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of 3D Systems by 2.3% in the fourth quarter. Cetera Investment Advisers now owns 127,106 shares of the 3D printing company’s stock worth $417,000 after buying an additional 2,887 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of 3D Systems by 6.4% during the third quarter. Intech Investment Management LLC now owns 52,323 shares of the 3D printing company’s stock valued at $149,000 after buying an additional 3,166 shares during the last quarter. Rhumbline Advisers increased its position in shares of 3D Systems by 2.2% in the 4th quarter. Rhumbline Advisers now owns 207,406 shares of the 3D printing company’s stock valued at $680,000 after acquiring an additional 4,451 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in 3D Systems by 67.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 14,100 shares of the 3D printing company’s stock worth $46,000 after acquiring an additional 5,700 shares during the last quarter. Institutional investors and hedge funds own 64.49% of the company’s stock.

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.