Universal Beteiligungs und Servicegesellschaft mbH Takes Position in 3D Systems Corporation (NYSE:DDD)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of 3D Systems Corporation (NYSE:DDD) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 13,700 shares of the 3D printing company’s stock, valued at approximately $29,000.

A number of other hedge funds also recently made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of 3D Systems by 15.7% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 16,779 shares of the 3D printing company’s stock worth $55,000 after buying an additional 2,279 shares in the last quarter. Cetera Investment Advisers grew its position in shares of 3D Systems by 2.3% during the fourth quarter. Cetera Investment Advisers now owns 127,106 shares of the 3D printing company’s stock worth $417,000 after buying an additional 2,887 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of 3D Systems by 67.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 14,100 shares of the 3D printing company’s stock worth $46,000 after buying an additional 5,700 shares in the last quarter. Syon Capital LLC grew its position in shares of 3D Systems by 46.5% during the fourth quarter. Syon Capital LLC now owns 26,556 shares of the 3D printing company’s stock worth $87,000 after buying an additional 8,435 shares in the last quarter. Finally, CWM LLC grew its position in shares of 3D Systems by 703.1% during the first quarter. CWM LLC now owns 12,352 shares of the 3D printing company’s stock worth $26,000 after buying an additional 10,814 shares in the last quarter. Hedge funds and other institutional investors own 64.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DDD. Wall Street Zen raised shares of 3D Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, May 21st. Needham & Company LLC reissued a “hold” rating on shares of 3D Systems in a research report on Wednesday, May 14th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of 3D Systems in a research report on Tuesday, July 29th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $3.67.

3D Systems Stock Performance

3D Systems stock opened at $1.74 on Wednesday. The company has a market cap of $236.67 million, a PE ratio of -0.83 and a beta of 1.92. The company has a fifty day moving average price of $1.68 and a two-hundred day moving average price of $2.38. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.79 and a quick ratio of 1.96. 3D Systems Corporation has a 12 month low of $1.32 and a 12 month high of $5.00.

3D Systems Company 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.