3D Systems (NYSE:DDD) Upgraded to Hold at StockNews.com

3D Systems (NYSE:DDD - Get Free Report) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Thursday.

Other equities analysts also recently issued research reports about the stock. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a report on Friday, March 28th. 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. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of 3D Systems in a report on Thursday, April 24th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, 3D Systems currently has a consensus rating of "Hold" and a consensus price target of $3.67.

3D Systems Trading Down 0.3 %

Shares of DDD stock opened at $1.96 on Thursday. The business's fifty day moving average price is $2.26 and its 200 day moving average price is $3.06. The firm has a market capitalization of $264.99 million, a PE ratio of -0.49 and a beta of 1.94. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34. 3D Systems has a 1-year low of $1.71 and a 1-year high of $5.00.

Institutional Trading of 3D Systems

A number of large investors have recently made changes to their positions in DDD. Blue Trust Inc. lifted its holdings in 3D Systems by 411.6% in the 4th quarter. Blue Trust Inc. now owns 10,006 shares of the 3D printing company's stock valued at $33,000 after purchasing an additional 8,050 shares in the last quarter. Cibc World Markets Corp acquired a new position in shares of 3D Systems in the fourth quarter valued at approximately $39,000. CWM LLC lifted its stake in shares of 3D Systems by 703.1% during the first quarter. CWM LLC now owns 12,352 shares of the 3D printing company's stock valued at $26,000 after buying an additional 10,814 shares during the period. Boothbay Fund Management LLC acquired a new stake in 3D Systems during the fourth quarter worth approximately $44,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in 3D Systems in the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 64.49% of the company's stock.

About 3D Systems

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.

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