November 30, 2016 - By kentuckypostne · 0 Comments
3D Systems Corp (NYSE:DDD) institutional sentiment increased to 1.09 in Q2 2016. Its up 0.16, from 0.93 in 2016Q1. The ratio has increased, as 90 institutional investors increased or started new positions, while 97 sold and reduced stakes in 3D Systems Corp. The institutional investors in our partner’s database reported: 54.83 million shares, up from 53.61 million shares in 2016Q1. Also, the number of institutional investors holding 3D Systems Corp in their top 10 positions increased from 2 to 3 for an increase of 1. Sold All: 24 Reduced: 73 Increased: 75 New Position: 15.
3D Systems Corporation is a holding company. The company has a market cap of $1.51 billion. The Firm provides three-dimensional services and products, including 3D printers, print materials, parts services and digital design and manufacturing tools. It currently has negative earnings. The Company’s ecosystem supports applications from the product design shop to the factory floor to the operating room.
The stock decreased 1.96% or $0.28 during the last trading session, hitting $14.01. 3D Systems Corporation (NYSE:DDD) has declined 24.47% since April 27, 2016 and is downtrending. It has underperformed by 29.70% the S&P500.
Analysts await 3D Systems Corporation (NYSE:DDD) to report earnings on March, 13. They expect $0.04 EPS, down 75.00% or $0.12 from last year’s $0.16 per share. DDD’s profit will be $4.31 million for 87.56 P/E if the $0.04 EPS becomes a reality. After $0.09 actual EPS reported by 3D Systems Corporation for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.
According to Zacks Investment Research, “3D Systems Corp. is a leading provider of 3-D Modeling, Rapid Prototyping and Manufacturing solutions. Its systems and materials reduce the time and cost of designing products and facilitate direct and indirect manufacturing by creating actual parts directly from digital input. These solutions are used for design communication and prototyping well as for production of functional end-use parts: Transform your products.”
Investment Management Of Virginia Llc holds 5.9% of its portfolio in 3D Systems Corporation for 1.68 million shares. Villere St Denis J & Co Llc owns 5.59 million shares or 4.61% of their US portfolio. Moreover, Clark Estates Inc Ny has 3.87% invested in the company for 1.43 million shares. The New York-based Wall Street Access Asset Management Llc has invested 3.01% in the stock. Concourse Capital Management Llc, a Georgia-based fund reported 70,509 shares.#img1#
Ratings analysis reveals 21% of 3D Systems Corporation’s analysts are positive. Out of 14 Wall Street analysts rating 3D Systems Corporation, 3 give it “Buy”, 4 “Sell” rating, while 7 recommend “Hold”. The lowest target is $6 while the high is $22. The stock’s average target of $12.35 is -11.85% below today’s ($14.01) share price. DDD was included in 32 notes of analysts from July 22, 2015. The stock of 3D Systems Corporation (NYSE:DDD) earned “Buy” rating by Needham on Sunday, August 9. The firm has “Neutral” rating given on Wednesday, July 29 by Longbow. The rating was maintained by UBS with “Sell” on Tuesday, January 26. The rating was upgraded by Stephens to “Overweight” on Thursday, December 17. The stock of 3D Systems Corporation (NYSE:DDD) earned “Equal Weight” rating by Pacific Crest on Monday, August 10. Gabelli upgraded the shares of DDD in a report on Friday, November 4 to “Buy” rating. The company was maintained on Monday, January 25 by Jefferies. The stock of 3D Systems Corporation (NYSE:DDD) has “Buy” rating given on Wednesday, December 30 by Needham. Piper Jaffray downgraded the stock to “Underweight” rating in Monday, July 18 report. The firm earned “Hold” rating on Tuesday, March 15 by Jefferies.
3D Systems Corporation, incorporated on May 14, 1993, is a holding company. The Firm provides three-dimensional (3D) services and products, including 3D printers, print materials, parts services and digital design and manufacturing tools. The Company’s ecosystem supports applications from the product design shop to the factory floor to the operating room. The Company’s precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices, as well as patient-specific surgical instruments. The Company’s clients can use 3D printing to design and manufacture parts. The Company’s clients include companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy and healthcare.
More recent 3D Systems Corporation (NYSE:DDD) news were published by: Foxbusiness.com which released: “Better Buy: Stratasys Ltd. vs. 3D Systems Corporation” on November 28, 2016. Also Fool.com published the news titled: “Why 3D Systems Corporation Stock Popped Today” on November 03, 2016. Fool.com‘s news article titled: “3D Systems vs. Stratasys: Which 3D Printing Company Had the Better Q3 Earnings …” with publication date: November 23, 2016 was also an interesting one.
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