Larson Financial Group LLC Purchases 23,962 Shares of 3D Systems Co. (NYSE:DDD)

Larson Financial Group LLC lifted its position in shares of 3D Systems Co. (NYSE:DDD) by 1,935.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,200 shares of the 3D printing company’s stock after buying an additional 23,962 shares during the period. Larson Financial Group LLC’s holdings in 3D Systems were worth $112,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DDD. Russell Investments Group Ltd. increased its position in shares of 3D Systems by 5,994.9% during the fourth quarter. Russell Investments Group Ltd. now owns 4,754 shares of the 3D printing company’s stock valued at $30,000 after buying an additional 4,676 shares during the period. Quadrant Capital Group LLC lifted its holdings in 3D Systems by 471.7% in the fourth quarter. Quadrant Capital Group LLC now owns 4,837 shares of the 3D printing company’s stock valued at $31,000 after acquiring an additional 3,991 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of 3D Systems by 386.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,490 shares of the 3D printing company’s stock worth $41,000 after purchasing an additional 5,155 shares during the period. HighPoint Advisor Group LLC bought a new stake in shares of 3D Systems in the fourth quarter worth about $65,000. Finally, Private Advisor Group LLC bought a new stake in shares of 3D Systems in the 4th quarter worth about $79,000. Institutional investors and hedge funds own 64.49% of the company’s stock.

3D Systems Trading Up 1.6 %

DDD stock traded up $0.06 during midday trading on Wednesday, reaching $3.48. The company’s stock had a trading volume of 1,134,245 shares, compared to its average volume of 1,791,844. The stock has a fifty day simple moving average of $3.56 and a two-hundred day simple moving average of $4.33. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.24 and a current ratio of 4.30. The firm has a market capitalization of $463.67 million, a price-to-earnings ratio of -1.19 and a beta of 1.72. 3D Systems Co. has a 1 year low of $2.93 and a 1 year high of $11.09.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating and set a $8.25 target price on shares of 3D Systems in a research note on Tuesday, May 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of 3D Systems in a research report on Wednesday, June 5th.

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.