May 4, 2018 – By Matt Maslow
The stock of 3D Systems Corporation (NYSE:DDD) is a huge mover today! The stock increased 4.25% or $0.3956 during the last trading session, reaching $9.7056. About 1.15M shares traded. 3D Systems Corporation (NYSE:DDD) has declined 19.11% since May 4, 2017 and is downtrending. It has underperformed by 30.66% the S&P500.The move comes after 8 months positive chart setup for the $1.11B company. It was reported on May, 4 by Barchart.com. We have $10.19 PT which if reached, will make NYSE:DDD worth $55.25M more.
Encore Wire Corp (WIRE) investors sentiment decreased to 1.33 in 2017 Q4. It’s down -0.17, from 1.5 in 2017Q3. The ratio is negative, as 68 investment professionals increased and opened new stock positions, while 51 reduced and sold stock positions in Encore Wire Corp. The investment professionals in our database now possess: 18.15 million shares, down from 18.45 million shares in 2017Q3. Also, the number of investment professionals holding Encore Wire Corp in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 41 Increased: 38 New Position: 30.
Among 19 analysts covering 3D Systems Corporation (NYSE:DDD), 2 have Buy rating, 6 Sell and 11 Hold. Therefore 11% are positive. 3D Systems Corporation had 68 analyst reports since July 22, 2015 according to SRatingsIntel. As per Tuesday, April 26, the company rating was downgraded by Needham. The stock of 3D Systems Corporation (NYSE:DDD) earned “Underperform” rating by Bank of America on Wednesday, November 1. The stock of 3D Systems Corporation (NYSE:DDD) earned “Sell” rating by Piper Jaffray on Thursday, August 3. The firm has “Buy” rating by Gabelli given on Wednesday, November 1. The company was maintained on Thursday, November 2 by Citigroup. Jefferies maintained it with “Hold” rating and $13 target in Monday, August 10 report. The stock has “Hold” rating by Jefferies on Tuesday, March 15. The rating was maintained by Goldman Sachs on Tuesday, March 15 with “Neutral”. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, August 2. Gabelli downgraded the shares of DDD in report on Tuesday, March 15 to “Hold” rating.
More notable recent 3D Systems Corporation (NYSE:DDD) news were published by: Seekingalpha.com which released: “3D printing stocks drop after Stratasys earnings miss” on May 02, 2018, also Globenewswire.com with their article: “3D Systems Reports First Quarter 2018 Financial Results” published on May 02, 2018, Streetinsider.com published: “Apergy (APY) to Join S&P MidCap 400, Replacing 3D Systems (DDD) Which Moves to S&P SmallCap 600” on May 03, 2018. More interesting news about 3D Systems Corporation (NYSE:DDD) were released by: Foxbusiness.com and their article: “Why 3D Systems Stock Dropped 9% Today” published on May 04, 2018 as well as Finance.Yahoo.com‘s news article titled: “What’s in the Offing for 3D Systems (DDD) in Q1 Earnings?” with publication date: April 30, 2018.
3D Systems Corporation, through its subsidiaries, provides 3D printing services and products worldwide. The company has market cap of $1.11 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.
Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.42, from 1.41 in 2017Q3. It dived, as 34 investors sold 3D Systems Corporation shares while 50 reduced holdings. 28 funds opened positions while 55 raised stakes. 71.68 million shares or 7.28% more from 66.82 million shares in 2017Q3 were reported. Coatue Mgmt Lc reported 0.02% of its portfolio in 3D Systems Corporation (NYSE:DDD). Pictet Asset Mgmt has 2.58 million shares for 0.06% of their portfolio. Clearbridge Limited Com accumulated 100 shares or 0% of the stock. Morgan Stanley has invested 0% of its portfolio in 3D Systems Corporation (NYSE:DDD). Principal Fincl Group Incorporated stated it has 485,923 shares or 0% of all its holdings. Lpl Fincl Limited Liability reported 42,936 shares. Ameriprise Financial stated it has 326,681 shares or 0% of all its holdings. Ameritas Inv Prns Inc invested 0.02% in 3D Systems Corporation (NYSE:DDD). Architects has invested 0% in 3D Systems Corporation (NYSE:DDD). Amundi Pioneer Asset Mgmt owns 0% invested in 3D Systems Corporation (NYSE:DDD) for 10,000 shares. Westpac Banking Corp invested 0.02% in 3D Systems Corporation (NYSE:DDD). Barrow Hanley Mewhinney Strauss Limited Com accumulated 185,245 shares or 0% of the stock. 150 were reported by Blue Bell Private Wealth Mgmt Limited Liability Company. Allsquare Wealth Limited Liability Com reported 605 shares or 0% of all its holdings. Vanguard Group reported 0% in 3D Systems Corporation (NYSE:DDD).
The stock increased 0.70% or $0.33 during the last trading session, reaching $46.9. About 24,698 shares traded. Encore Wire Corporation (WIRE) has risen 20.29% since May 4, 2017 and is uptrending. It has outperformed by 8.74% the S&P500.
Since January 1, 0001, it had 0 buys, and 5 insider sales for $2.27 million activity.
More news for Encore Wire Corporation (NASDAQ:WIRE) were recently published by: Nasdaq.com, which released: “Report: Developing Opportunities within Encore Wire, Wildhorse Resource Development, CTS, Del Taco Restaurants …” on May 04, 2018. Nasdaq.com‘s article titled: “Navient to announce first-quarter 2018 results on April 24, host earnings call on April 25” and published on April 10, 2018 is yet another important article.
Hodges Capital Management Inc. holds 3.06% of its portfolio in Encore Wire Corporation for 858,271 shares. Lyon Street Capital Llc owns 111,327 shares or 1.81% of their US portfolio. Moreover, Forest Hill Capital Llc has 1.28% invested in the company for 92,707 shares. The Kansas-based Dean Capital Management has invested 1.2% in the stock. First Dallas Securities Inc., a Texas-based fund reported 37,252 shares.
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