3D Systems Corp. (DDD) Downgraded by Vetr Inc.

Vetr cut shares of 3D Systems Corp. (NYSE:DDD) from a strong-buy rating to a buy rating in a report issued on Wednesday. Vetr currently has $16.70 price objective on the 3D printing company’s stock.

Other analysts have also recently issued reports about the company. Canaccord Genuity reissued a hold rating and set a $14.00 price objective on shares of 3D Systems Corp. in a report on Tuesday, September 13th. Pacific Crest reissued a hold rating on shares of 3D Systems Corp. in a report on Tuesday, September 13th. Brean Capital reissued a hold rating on shares of 3D Systems Corp. in a report on Friday, November 4th. Needham & Company LLC reissued a hold rating on shares of 3D Systems Corp. in a report on Tuesday, September 13th. Finally, Zacks Investment Research raised 3D Systems Corp. from a sell rating to a hold rating in a report on Tuesday, November 1st. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $15.34.

Analyst Recommendations for 3D Systems Corp. (NYSE:DDD)

Shares of 3D Systems Corp. (NYSE:DDD) opened at 15.49 on Wednesday. The firm’s market capitalization is $1.74 billion. The company’s 50 day moving average is $14.14 and its 200 day moving average is $14.54. 3D Systems Corp. has a 12-month low of $6.00 and a 12-month high of $19.76.

3D Systems Corp. (NYSE:DDD) last issued its quarterly earnings results on Thursday, November 3rd. The 3D printing company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.05. The business had revenue of $156.36 million for the quarter, compared to the consensus estimate of $160.16 million. 3D Systems Corp. had a negative net margin of 98.40% and a positive return on equity of 4.14%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.01 EPS. On average, analysts forecast that 3D Systems Corp. will post $0.43 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of DDD. Vanguard Group Inc. boosted its position in shares of 3D Systems Corp. by 5.2% in the second quarter. Vanguard Group Inc. now owns 7,901,068 shares of the 3D printing company’s stock worth $108,165,000 after buying an additional 392,703 shares during the last quarter. BlackRock Fund Advisors boosted its position in shares of 3D Systems Corp. by 5.7% in the third quarter. BlackRock Fund Advisors now owns 6,028,844 shares of the 3D printing company’s stock worth $108,218,000 after buying an additional 323,297 shares during the last quarter. Villere ST Denis J & Co. LLC boosted its position in shares of 3D Systems Corp. by 54.0% in the second quarter. Villere ST Denis J & Co. LLC now owns 5,589,086 shares of the 3D printing company’s stock worth $76,514,000 after buying an additional 1,959,863 shares during the last quarter. State Street Corp boosted its position in shares of 3D Systems Corp. by 22.5% in the second quarter. State Street Corp now owns 3,400,659 shares of the 3D printing company’s stock worth $46,554,000 after buying an additional 625,061 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its position in shares of 3D Systems Corp. by 1.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,098,413 shares of the 3D printing company’s stock worth $42,417,000 after buying an additional 51,850 shares during the last quarter. Institutional investors own 48.62% of the company’s stock.

About 3D Systems Corp.

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room.

5 Day Chart for NYSE:DDD

To view Vetr’s full report, visit Vetr’s official website.

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3D Systems Co. (DDD) Stake Increased by Douglas C. Lane & Associates Inc.

Douglas C. Lane & Associates Inc. raised its stake in 3D Systems Co. (NYSE:DDD) by 28.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 715,043 shares of the 3D printing company’s stock after buying an additional 160,125 shares during the period. Douglas C. Lane & Associates Inc. owned about 0.64% of 3D Systems worth $6,214,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning boosted its position in 3D Systems by 146.0% in the fourth quarter. Creative Planning now owns 115,430 shares of the 3D printing company’s stock valued at $1,003,000 after buying an additional 68,500 shares during the period. Quantitative Systematic Strategies bought a new position in 3D Systems during the fourth quarter valued at $305,000. McQueen, Ball & Associates bought a new position in 3D Systems during the fourth quarter valued at $109,000. Finally, Simplex Trading boosted its position in 3D Systems by 15.6% in the fourth quarter. Simplex Trading now owns 713 shares of the 3D printing company’s stock valued at $285,000 after buying an additional 96 shares during the period.

3D Systems Co. (NYSE:DDD) traded up 8.05% during trading on Thursday, hitting $9.13. 4,496,904 shares of the stock were exchanged. 3D Systems Co. has a 52 week low of $6.00 and a 52 week high of $33.17. The firm’s 50-day moving average is $8.44 and its 200 day moving average is $10.94. The firm’s market cap is $1.02 billion.

DDD has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of 3D Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, October 7th. Jefferies Group restated a “hold” rating and issued a $12.00 price objective (down previously from $13.00) on shares of 3D Systems in a research report on Monday, October 19th. Needham & Company LLC restated a “buy” rating and issued a $15.00 price objective (down previously from $17.00) on shares of 3D Systems in a research report on Thursday, October 29th. Canaccord Genuity restated a “hold” rating and issued a $10.00 price objective on shares of 3D Systems in a research report on Sunday, November 1st. Finally, Piper Jaffray restated a “neutral” rating and issued a $14.00 price objective on shares of 3D Systems in a research report on Monday, November 2nd. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. 3D Systems currently has a consensus rating of “Hold” and an average price target of $21.56.

In other 3D Systems news, Director G Walter Loewenbaum II purchased 30,000 shares of the business’s stock in a transaction dated Monday, November 30th. The shares were bought at an average price of $9.10 per share, for a total transaction of $273,000.00. Following the completion of the acquisition, the director now owns 984,810 shares in the company, valued at $8,961,771. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (NYSE:DDD) printing centric solutions. It provides 3D design-to-manufacturing solutions, including 3D printers, print materials and cloud sourced custom parts.

12 Month Chart for NYSE:DDD








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Caterpillar Inc. Uses 3D Printing to Save Time, Money and Manufacturing Challenges

cat2We often hear about how 3D printing is not only the wave of the future, but that the technology is positioned to take the lead in the manufacturing sector. Evidence of this idea especially exists when a long-time manufacturing company adopts more 3D printing technologies to carry out its traditional work.

This is exactly the story behind Caterpillar, Inc. You may not follow the manufacturing sector closely, but you hardly need to in order to be familiar with this company. It is the world’s leading manufacturer of mining and construction equipment, industrial gas turbines and diesel-electric locomotives, and natural gas and diesel engines.

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Another way to describe this company is that it is rare to pass a large construction site and not see the company’s name emblazoned on one or more pieces of construction equipment. Dating back to the early twentieth century, and headquartered in Peoria, Illinois, the company now embraces the twenty-first century as a turn to 3D printing has recently helped a manufacturing process that was not going well.

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At the Caterpillar transmission assembly plant in Dyersburg, Tennessee, a faulty assembly line procedure had people believing thousands of dollars would be lost as the problem was fixed. But thankfully, Caterpillar’s 3D printing team was called in and was able to 3D print a “temporary plastic tool and got it to the facility overnight, saving the line from going down. ” The fact that the tool could be made out of plastic, using 3D printing, and not metal made the process go quicker and kept the transmission assembly line from being shut down.

Jim LaHood is on Caterpillar’s 3D printing team, and he has this to say about the technology:

“The possibilities are endless in the factories. Things that are previously done out of metal that don’t need to be – like little tools and gauges – can be made from plastic now.”

LaHood also describes how money and time is saved, as 3D printing also offers a more sustainable alternative to traditional manufacturing. One example of this is “low selling parts” that have always been a big inventory, shipping, and tooling cost. What once took a year to make now can be made overnight using 3D printing.

Caterpillar also acknowledges the convenience and cost-effectiveness of on-site 3D printing capabilities, and the company is currently working on a way manufacturing sites can print parts when they need one to keep production going — exactly like what happened in Tennessee on the transmission assembly line.

Discuss this story in the Caterpillar 3D Printing forum thread on 3DPB.com