Today B. Riley FBR Maintains a “Sell” Rating on 3D Systems (NYSE:DDD) and a $9 Target Price

August 9, 2018 - By Ash Maslow

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Investors sentiment increased to 1.17 in 2018 Q1. Its up 0.18, from 0.99 in 2017Q4. It is positive, as 13 investors sold 3D Systems Corporation shares while 58 reduced holdings. 33 funds opened positions while 50 raised stakes. 72.83 million shares or 1.60% more from 71.68 million shares in 2017Q4 were reported.

Ledyard Bancorp invested in 0% or 360 shares. Goldman Sachs accumulated 371,919 shares. Private Advisor Group Limited Liability has 12,706 shares. Creative Planning owns 35,101 shares or 0% of their US portfolio. Valley National Advisers invested in 0% or 262 shares. Price T Rowe Assocs Inc Md reported 0% of its portfolio in 3D Systems Corporation (NYSE:DDD). Oregon-based Oregon Employees Retirement Fund has invested 0.01% in 3D Systems Corporation (NYSE:DDD). Kistler has 0.01% invested in 3D Systems Corporation (NYSE:DDD). Comerica Savings Bank stated it has 88,563 shares or 0.01% of all its holdings. Schwab Charles Inv Mgmt Inc has invested 0.01% in 3D Systems Corporation (NYSE:DDD). Pub Employees Retirement Association Of Colorado has invested 0% in 3D Systems Corporation (NYSE:DDD). Westpac Bk stated it has 0% of its portfolio in 3D Systems Corporation (NYSE:DDD). Manufacturers Life Insur The reported 261,404 shares. Tower Cap Ltd (Trc) has invested 0% of its portfolio in 3D Systems Corporation (NYSE:DDD). State Treasurer State Of Michigan reported 0% stake.

Since May 7, 2018, it had 2 insider purchases, and 0 insider sales for $220,997 activity.

3D Systems (NYSE:DDD) Rating Reaffirmed

3D Systems (NYSE:DDD) just had their share rating of a ‘”Sell”‘ issued by research analysts at B. Riley FBR, who now has a $9 target price on the $2.10B market cap company or a -51.01 % downside potential. This key information was revealed to investors in a report on Wednesday morning.

3D Systems Corporation (NYSE:DDD) Ratings Coverage

Among 6 analysts covering 3D Systems (NYSE:DDD), 0 have Buy rating, 2 Sell and 4 Hold. Therefore 0 are positive. 3D Systems has $13 highest and $9 lowest target. $11.20’s average target is -39.03% below currents $18.37 stock price. 3D Systems had 9 analyst reports since March 1, 2018 according to SRatingsIntel. The firm has “Sell” rating by FBR Capital given on Thursday, March 15. Susquehanna maintained 3D Systems Corporation (NYSE:DDD) rating on Monday, March 5. Susquehanna has “Hold” rating and $10.0 target. The firm earned “Hold” rating on Thursday, March 15 by Stifel Nicolaus. The firm has “Sell” rating given on Thursday, March 1 by FBR Capital. Susquehanna maintained it with “Hold” rating and $12.0 target in Friday, March 16 report. The firm has “Hold” rating by Deutsche Bank given on Friday, March 16. The stock has “Underweight” rating by PiperJaffray on Thursday, July 26. Piper Jaffray maintained the stock with “Hold” rating in Wednesday, March 14 report. FBR Capital maintained 3D Systems Corporation (NYSE:DDD) rating on Wednesday, August 8. FBR Capital has “Sell” rating and $9 target.

The stock increased 2.28% or $0.41 during the last trading session, reaching $18.37. About 5.16 million shares traded or 88.28% up from the average. 3D Systems Corporation (NYSE:DDD) has declined 46.74% since August 9, 2017 and is downtrending. It has underperformed by 59.31% the S&P500.

3D Systems Corporation, through its subsidiaries, provides 3D printing services and products worldwide. The company has market cap of $2.10 billion. The companyÂ’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, nylon, metal, composite, elastomeric, wax, polymeric dental materials, and Class IV bio-compatible materials. It currently has negative earnings. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, and colorjet printing.

More notable recent 3D Systems Corporation (NYSE:DDD) news were published by: Seekingalpha.com which released: “3D Systems: Taking Profits In Another Cyclical Winner” on August 09, 2018, also Fool.com with their article: “What Happened in the Stock Market Today” published on August 08, 2018, Benzinga.com published: “68 Stocks Moving In Wednesday’s Mid-Day Session” on August 08, 2018. More interesting news about 3D Systems Corporation (NYSE:DDD) were released by: Nasdaq.com and their article: “Mid-Afternoon Market Update: Crude Oil Down 3.5%; Endo International Shares Surge After Strong Q2 Results” published on August 08, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 08/08: (AAOI) (DDD) (MTCH) Higher; (AMPE) (EXTR) (FTK) Lower (more…)” with publication date: August 08, 2018.

3D Systems Corporation (NYSE:DDD) Institutional Positions Chart

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