3D Systems Co. (NYSE:DDD) Shares Bought by EntryPoint Capital LLC

EntryPoint Capital LLC grew its holdings in 3D Systems Co. (NYSE:DDD) by 51.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 221,313 shares of the 3D printing company’s stock after buying an additional 75,656 shares during the period. 3D Systems accounts for approximately 0.3% of EntryPoint Capital LLC’s portfolio, making the stock its 23rd largest position. EntryPoint Capital LLC owned about 0.16% of 3D Systems worth $726,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. ARK Investment Management LLC grew its stake in shares of 3D Systems by 13.8% in the 4th quarter. ARK Investment Management LLC now owns 4,413,915 shares of the 3D printing company’s stock valued at $14,478,000 after purchasing an additional 535,287 shares during the last quarter. Walleye Capital LLC lifted its holdings in shares of 3D Systems by 3,140.9% during the third quarter. Walleye Capital LLC now owns 508,951 shares of the 3D printing company’s stock worth $1,445,000 after purchasing an additional 525,688 shares during the period. Weiss Asset Management LP acquired a new stake in shares of 3D Systems in the 3rd quarter worth $1,143,000. XTX Topco Ltd boosted its holdings in shares of 3D Systems by 1,844.0% in the third quarter. XTX Topco Ltd now owns 359,817 shares of the 3D printing company’s stock valued at $1,022,000 after acquiring an additional 341,308 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of 3D Systems by 17.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,193,107 shares of the 3D printing company’s stock valued at $3,913,000 after acquiring an additional 178,102 shares in the last quarter. Institutional investors and hedge funds own 64.49% of the company’s stock.

3D Systems Stock Performance

Shares of DDD stock opened at $2.79 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. The stock has a market cap of $377.70 million, a PE ratio of -0.70 and a beta of 1.63. 3D Systems Co. has a 1 year low of $1.72 and a 1 year high of $5.00. The stock has a fifty day moving average price of $3.54 and a 200 day moving average price of $3.23.

Analyst Upgrades and Downgrades

DDD has been the subject of a number of recent analyst reports. StockNews.com downgraded shares of 3D Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, March 18th. Craig Hallum raised 3D Systems to a “hold” rating in a report on Thursday, December 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 3D Systems in a report on Saturday. Finally, Needham & Company LLC reissued a “hold” rating on shares of 3D Systems in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $3.25.

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.