3D Systems Co. (NYSE:DDD) Given Consensus Recommendation of "Hold" by Brokerages

Shares of 3D Systems Co. (NYSE:DDD - Get Free Report) have earned a consensus recommendation of "Hold" from the five research firms that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $3.67.

A number of equities research analysts have commented on the company. Needham & Company LLC reissued a "hold" rating on shares of 3D Systems in a report on Friday, March 28th. Weiss Ratings reissued a "sell (d-)" rating on shares of 3D Systems in a research note on Thursday. Cantor Fitzgerald dropped their price target on 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Finally, StockNews.com cut shares of 3D Systems from a "hold" rating to a "sell" rating in a research report on Friday, April 4th.

Institutional Investors Weigh In On 3D Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DDD. HighTower Advisors LLC bought a new stake in shares of 3D Systems during the third quarter valued at approximately $31,000. Barclays PLC grew its position 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 buying an additional 149,793 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of 3D Systems by 1.3% during the third quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company's stock valued at $8,541,000 after buying an additional 38,431 shares during the period. Silverberg Bernstein Capital Management LLC raised its holdings in shares of 3D Systems by 8.2% in the fourth quarter. Silverberg Bernstein Capital Management LLC now owns 1,323,709 shares of the 3D printing company's stock valued at $4,342,000 after acquiring an additional 99,950 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in 3D Systems by 19.5% in the fourth quarter. SG Americas Securities LLC now owns 54,530 shares of the 3D printing company's stock worth $179,000 after acquiring an additional 8,913 shares during the period. Institutional investors own 64.49% of the company's stock.

3D Systems Price Performance

Shares of NYSE DDD traded down $0.05 during midday trading on Monday, reaching $1.90. The stock had a trading volume of 365,615 shares, compared to its average volume of 2,685,969. The company has a market capitalization of $256.84 million, a price-to-earnings ratio of -0.48 and a beta of 1.81. 3D Systems has a 12-month low of $1.71 and a 12-month high of $5.00. The stock has a 50-day moving average of $2.62 and a 200-day moving average of $3.13. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31.

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.