3D Systems Co. (NYSE:DDD) Position Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its position in 3D Systems Co. (NYSE:DDD - Free Report) by 975.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 503,027 shares of the 3D printing company's stock after buying an additional 456,249 shares during the quarter. BNP Paribas Financial Markets owned about 0.37% of 3D Systems worth $1,650,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new stake in shares of 3D Systems in the 4th quarter worth approximately $52,000. Boothbay Fund Management LLC bought a new stake in 3D Systems during the fourth quarter worth approximately $44,000. Susquehanna Fundamental Investments LLC acquired a new position in 3D Systems in the fourth quarter worth approximately $1,110,000. Penn Capital Management Company LLC acquired a new position in 3D Systems in the fourth quarter worth approximately $5,214,000. Finally, Syon Capital LLC increased its holdings in shares of 3D Systems by 46.5% in the fourth quarter. Syon Capital LLC now owns 26,556 shares of the 3D printing company's stock valued at $87,000 after buying an additional 8,435 shares in the last quarter. Institutional investors and hedge funds own 64.49% of the company's stock.

3D Systems Stock Up 0.9%

NYSE:DDD traded up $0.02 during trading hours on Thursday, hitting $1.63. 2,427,994 shares of the stock traded hands, compared to its average volume of 2,886,128. The firm has a 50 day moving average price of $2.07 and a 200 day moving average price of $2.99. The firm has a market cap of $221.67 million, a price-to-earnings ratio of -0.41 and a beta of 1.94. 3D Systems Co. has a fifty-two week low of $1.61 and a fifty-two week high of $5.00. The company has a current ratio of 3.31, a quick ratio of 2.34 and a debt-to-equity ratio of 0.97.

Wall Street Analyst Weigh In

DDD has been the subject of several research reports. Wall Street Zen raised 3D Systems from a "sell" rating to a "hold" rating in a research note on Wednesday. Cantor Fitzgerald reduced their target price on 3D Systems from $5.75 to $5.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research report on Wednesday, May 14th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of 3D Systems in a report on Saturday, May 10th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, 3D Systems currently has an average rating of "Hold" and an average price target of $3.67.

3D Systems 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.