Virtu Financial LLC Invests $99,000 in 3D Systems Co. (NYSE:DDD)

Virtu Financial LLC purchased a new stake in 3D Systems Co. (NYSE:DDD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 30,132 shares of the 3D printing company’s stock, valued at approximately $99,000.

A number of other large investors also recently bought and sold shares of the stock. Intech Investment Management LLC boosted its position in shares of 3D Systems by 6.4% during the third quarter. Intech Investment Management LLC now owns 52,323 shares of the 3D printing company’s stock worth $149,000 after buying an additional 3,166 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in 3D Systems during the third quarter worth about $170,000. BNP Paribas Financial Markets lifted its position in shares of 3D Systems by 14.4% during the third quarter. BNP Paribas Financial Markets now owns 46,778 shares of the 3D printing company’s stock worth $133,000 after purchasing an additional 5,884 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 3D Systems by 30.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 49,342 shares of the 3D printing company’s stock valued at $140,000 after purchasing an additional 11,616 shares during the period. Finally, Walleye Capital LLC increased its stake in 3D Systems by 3,140.9% during the 3rd quarter. Walleye Capital LLC now owns 508,951 shares of the 3D printing company’s stock worth $1,445,000 after buying an additional 525,688 shares during the period. Institutional investors and hedge funds own 64.49% of the company’s stock.

Wall Street Analysts Forecast Growth

DDD has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of 3D Systems in a research report on Saturday, March 22nd. StockNews.com upgraded 3D Systems from a “sell” rating to a “hold” rating in a report on Thursday. Cantor Fitzgerald lowered their target price on 3D Systems from $5.75 to $5.00 and set an “overweight” rating for the company in a research note on Friday. Craig Hallum raised 3D Systems to a “hold” rating in a research report on Thursday, December 12th. Finally, Needham & Company LLC reissued a “hold” rating on shares of 3D Systems in a research report on Friday. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, 3D Systems presently has a consensus rating of “Hold” and an average target price of $3.67.

3D Systems Stock Performance

NYSE:DDD opened at $2.12 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34. 3D Systems Co. has a 12 month low of $1.72 and a 12 month high of $5.00. The firm has a market capitalization of $286.84 million, a PE ratio of -0.53 and a beta of 1.63. The business’s fifty day moving average price is $3.49 and its 200 day moving average price is $3.24.

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.