Susquehanna Fundamental Investments LLC Invests $1.11 Million in 3D Systems Co. (NYSE:DDD)

Susquehanna Fundamental Investments LLC bought a new position in shares of 3D Systems Co. (NYSE:DDD - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 338,407 shares of the 3D printing company's stock, valued at approximately $1,110,000. Susquehanna Fundamental Investments LLC owned 0.25% of 3D Systems at the end of the most recent quarter.

A number of other large investors have also modified their holdings of DDD. Penn Capital Management Company LLC acquired a new position in 3D Systems during the fourth quarter worth $5,214,000. Icon Advisers Inc. Co. purchased a new stake in shares of 3D Systems during the 4th quarter worth $5,248,000. Barclays PLC grew its stake in shares of 3D Systems by 260.1% during the 3rd quarter. Barclays PLC now owns 207,379 shares of the 3D printing company's stock worth $589,000 after purchasing an additional 149,793 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of 3D Systems by 17.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,193,107 shares of the 3D printing company's stock valued at $3,913,000 after purchasing an additional 178,102 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of 3D Systems by 446.6% in the fourth quarter. JPMorgan Chase & Co. now owns 308,015 shares of the 3D printing company's stock valued at $1,010,000 after purchasing an additional 251,661 shares during the period. 64.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Cantor Fitzgerald dropped their target price on shares of 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a report on Friday, March 28th. StockNews.com raised 3D Systems from a "sell" rating to a "hold" rating in a report on Monday, April 28th. Weiss Ratings reissued a "sell (d-)" rating on shares of 3D Systems in a report on Thursday, April 24th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of 3D Systems in a research note on Friday, March 28th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $3.67.

3D Systems Price Performance

Shares of NYSE DDD traded down $0.03 during trading on Wednesday, reaching $1.94. The company had a trading volume of 210,314 shares, compared to its average volume of 2,715,369. The company has a current ratio of 3.31, a quick ratio of 2.34 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $262.28 million, a PE ratio of -0.49 and a beta of 1.94. 3D Systems Co. has a twelve month low of $1.71 and a twelve month high of $5.00. The stock has a 50-day moving average price of $2.29 and a two-hundred day moving average price of $3.07.

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.