3D Systems Co. (NYSE:DDD) Shares Bought by XTX Topco Ltd

XTX Topco Ltd raised its stake in 3D Systems Co. (NYSE:DDD - Free Report) by 1,844.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 359,817 shares of the 3D printing company's stock after purchasing an additional 341,308 shares during the period. XTX Topco Ltd owned 0.27% of 3D Systems worth $1,022,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Weiss Asset Management LP purchased a new position in 3D Systems in the third quarter valued at approximately $1,143,000. Susquehanna Fundamental Investments LLC purchased a new position in 3D Systems in the second quarter valued at approximately $824,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in 3D Systems by 85.1% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 876,987 shares of the 3D printing company's stock valued at $2,692,000 after purchasing an additional 403,175 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in 3D Systems by 16.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 116,215 shares of the 3D printing company's stock valued at $516,000 after purchasing an additional 16,621 shares during the last quarter. Finally, Silverberg Bernstein Capital Management LLC increased its stake in 3D Systems by 32.8% in the third quarter. Silverberg Bernstein Capital Management LLC now owns 1,223,759 shares of the 3D printing company's stock valued at $3,475,000 after purchasing an additional 302,484 shares during the last quarter. 64.49% of the stock is currently owned by hedge funds and other institutional investors.

3D Systems Stock Performance

Shares of NYSE DDD traded up $0.05 during mid-day trading on Tuesday, hitting $3.31. 2,921,634 shares of the company were exchanged, compared to its average volume of 2,288,233. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97. The stock has a 50 day simple moving average of $3.07 and a 200-day simple moving average of $3.07. 3D Systems Co. has a 1-year low of $1.72 and a 1-year high of $6.85. The firm has a market cap of $448.22 million, a price-to-earnings ratio of -0.82 and a beta of 1.64.

Wall Street Analysts Forecast Growth

DDD has been the topic of a number of research reports. Lake Street Capital lowered their target price on shares of 3D Systems from $6.00 to $4.00 and set a "buy" rating on the stock in a research report on Thursday, September 5th. Needham & Company LLC restated a "hold" rating on shares of 3D Systems in a research report on Friday, November 29th. StockNews.com upgraded shares of 3D Systems from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Cantor Fitzgerald lowered their target price on shares of 3D Systems from $5.50 to $3.75 and set an "overweight" rating on the stock in a research report on Friday, August 30th. Finally, Loop Capital lowered their target price on shares of 3D Systems from $4.50 to $2.00 and set a "hold" rating on the stock in a research report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $3.25.

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.