3D Systems (NYSE:DDD) Given Sell (D-) Rating at Weiss Ratings

3D Systems (NYSE:DDD - Get Free Report)'s stock had its "sell (d-)" rating restated by equities researchers at Weiss Ratings in a research report issued to clients and investors on Tuesday,Weiss Ratings reports.

Other analysts also recently issued research reports about the company. Craig Hallum upgraded 3D Systems to a "hold" rating in a research report on Thursday, December 12th. Needham & Company LLC reaffirmed a "hold" rating on shares of 3D Systems in a research report on Friday, March 28th. StockNews.com lowered shares of 3D Systems from a "hold" rating to a "sell" rating in a report on Friday, April 4th. Finally, Cantor Fitzgerald reduced their price objective 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $3.67.

3D Systems Stock Performance

3D Systems stock traded up $0.01 on Tuesday, reaching $2.04. 2,300,957 shares of the stock were exchanged, compared to its average volume of 2,683,902. The stock has a market cap of $275.82 million, a PE ratio of -0.51 and a beta of 1.81. The firm has a fifty day moving average price of $3.10 and a two-hundred day moving average price of $3.19. The company has a current ratio of 3.31, a quick ratio of 2.34 and a debt-to-equity ratio of 0.97. 3D Systems has a twelve month low of $1.72 and a twelve month high of $5.00.

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Institutional Investors Weigh In On 3D Systems

Hedge funds have recently made changes to their positions in the company. Barclays PLC grew its stake in 3D Systems by 260.1% during the third 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 during the last quarter. Charles Schwab Investment Management Inc. grew its position in 3D Systems by 17.5% during 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 during the last quarter. Geode Capital Management LLC increased its holdings in 3D Systems by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company's stock valued at $8,541,000 after purchasing an additional 38,431 shares in the last quarter. Inspire Investing LLC raised its position in 3D Systems by 822.7% in the 4th quarter. Inspire Investing LLC now owns 139,685 shares of the 3D printing company's stock valued at $458,000 after purchasing an additional 124,547 shares during the last quarter. Finally, Silverberg Bernstein Capital Management LLC boosted its stake in 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 worth $4,342,000 after purchasing an additional 99,950 shares in the last quarter. 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.