Two Sigma Advisers LP Has $4.71 Million Holdings in 3D Systems Co. (NYSE:DDD)

Two Sigma Advisers LP raised its stake in shares of 3D Systems Co. (NYSE:DDD - Free Report) by 553.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,436,600 shares of the 3D printing company's stock after purchasing an additional 1,216,900 shares during the quarter. Two Sigma Advisers LP owned 1.06% of 3D Systems worth $4,712,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. ARK Investment Management LLC raised its stake in 3D Systems by 13.8% during the fourth quarter. ARK Investment Management LLC now owns 4,413,915 shares of the 3D printing company's stock worth $14,478,000 after acquiring an additional 535,287 shares in the last quarter. Icon Advisers Inc. Co. bought a new stake in 3D Systems during the fourth quarter worth about $5,248,000. Penn Capital Management Company LLC acquired a new stake in shares of 3D Systems during the fourth quarter worth approximately $5,214,000. Two Sigma Investments LP raised its stake in shares of 3D Systems by 172.2% in the fourth quarter. Two Sigma Investments LP now owns 1,492,071 shares of the 3D printing company's stock valued at $4,894,000 after acquiring an additional 944,010 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted 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 worth $3,913,000 after acquiring an additional 178,102 shares in the last quarter. 64.49% of the stock is currently owned by institutional investors.

3D Systems Trading Down 2.2%

Shares of NYSE:DDD traded down $0.04 during midday trading on Friday, hitting $1.57. The company had a trading volume of 985,860 shares, compared to its average volume of 2,945,537. The stock has a market cap of $213.49 million, a price-to-earnings ratio of -0.39 and a beta of 1.94. 3D Systems Co. has a 12 month low of $1.55 and a 12 month high of $5.00. The firm has a fifty day simple moving average of $1.94 and a 200 day simple moving average of $2.91. The company has a current ratio of 3.31, a quick ratio of 2.34 and a debt-to-equity ratio of 0.97.

Analyst Ratings Changes

Several brokerages have issued reports on DDD. Wall Street Zen raised 3D Systems from a "sell" rating to a "hold" rating in a research note on Wednesday, May 21st. Weiss Ratings restated a "sell (d-)" rating on shares of 3D Systems in a research report on Saturday, May 24th. Cantor Fitzgerald reduced their target price on shares of 3D Systems from $5.75 to $5.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Finally, Needham & Company LLC restated a "hold" rating on shares of 3D Systems in a research report on Wednesday, May 14th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus 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.