Graham Capital Management L.P. Has $536,000 Stock Holdings in 3D Systems Corporation $DDD

Key Points

• Graham Capital Management L.P. increased its stake in 3D Systems Corporation by 545.3% in Q1, acquiring an additional 213,821 shares for a total of 253,035 shares.
• 3D Systems' stock opened at $2.12, with a market cap of $271.76 million and a 52-week trading range between $1.32 and $5.00.
• Wall Street analysts have a consensus rating of "Hold" on 3D Systems, with one analyst rating it as a Buy and an average target price of $5.00.

Graham Capital Management L.P. lifted its stake in 3D Systems Corporation (NYSE:DDD - Free Report) by 545.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 253,035 shares of the 3D printing company's stock after acquiring an additional 213,821 shares during the period. Graham Capital Management L.P. owned approximately 0.19% of 3D Systems worth $536,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in 3D Systems in the 4th quarter worth $318,000. Price T Rowe Associates Inc. MD lifted its stake in shares of 3D Systems by 28.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 173,680 shares of the 3D printing company's stock valued at $570,000 after buying an additional 37,976 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in 3D Systems during the fourth quarter worth about $52,000. BNP Paribas Financial Markets grew its position in 3D Systems by 975.3% during the fourth quarter. BNP Paribas Financial Markets now owns 503,027 shares of the 3D printing company's stock worth $1,650,000 after buying an additional 456,249 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in 3D Systems by 2.9% during the fourth quarter. Bank of America Corp DE now owns 710,025 shares of the 3D printing company's stock valued at $2,329,000 after acquiring an additional 20,330 shares during the period. 64.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on DDD. Zacks Research upgraded 3D Systems to a "hold" rating in a research report on Tuesday, August 12th. Weiss Ratings restated a "sell (d-)" rating on shares of 3D Systems in a research note on Saturday, August 30th. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research note on Wednesday, May 14th. Finally, Wall Street Zen upgraded shares of 3D Systems from a "sell" rating to a "hold" rating in a research report on Saturday, August 16th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $5.00.

3D Systems Trading Up 6.6%

DDD stock traded up $0.14 during midday trading on Thursday, reaching $2.26. The company's stock had a trading volume of 2,937,378 shares, compared to its average volume of 3,939,553. The business's 50-day simple moving average is $1.94 and its 200-day simple moving average is $2.02. The company has a quick ratio of 1.82, a current ratio of 2.76 and a debt-to-equity ratio of 0.51. 3D Systems Corporation has a 52 week low of $1.32 and a 52 week high of $5.00. The stock has a market cap of $289.85 million, a PE ratio of -1.73 and a beta of 2.09.

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.