3D printing changing key questions around weapon systems acquisitions

The Marine Corps’ use of additive manufacturing will change questions surrounding acquisitions to reflect the technology’s ability to sustain weapon systems, according to a service official. Additive manufacturing will “aid in that sustainment, particularly as weapon systems get older and . . . there’s less incentive for industry to even make the parts anymore,” Col. Howard Marotto, additive manufacturing lead for the Next Generation Logistics cell, told Inside the Navy in an Oct. 4 interview at the Pentagon. “If we…

Deloitte, HP Set to Work Together on 3D Printing Systems, Digital Operations

HP Inc. and Deloitte will work together to accelerate the digital transformation of the global manufacturing industry, the companies said today. They are set to collaborate on the implementation of HP’s 3D printing systems in large-scale manufacturing environments, applying their digital operations experience to help companies accelerate product design and production, create more flexible manufacturing and supply chains, and optimize efficiency across the manufacturing lifecycle.

The alliance will combine HP’s Jet Fusion 3D Printing solutions and tools with Deloitte’s global client reach and manufacturing relationships, digital operations experience, and supply chain transformation experience.

“The Fourth Industrial Revolution is upon us,” HP CEO Dion Weisler said in prepared remarks. “No sector of the global economy is undergoing more radical transformation than the … manufacturing market. Companies investing in digital reinvention are poised to outpace their peers.”

The companies asked John Dulchinos, VP of digital manufacturing at Jabil, to comment: “3D printing empowers design freedom and product personalization while delivering a digital thread to transform supply chains and open the door for distributed manufacturing,” he said in prepared remarks.  “As part of this powerful ecosystem, Jabil works with leaders like HP and Deloitte to help customers across different industries benefit from HP’s … Multi Jet Fusion technology to make production-grade parts in volume and ramp additive manufacturing innovations.”

The 3D Systems Corporation (DDD) Stake Boosted by BlackRock Advisors LLC

BlackRock Advisors LLC raised its position in 3D Systems Corporation (NYSE:DDD) by 9.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,672 shares of the 3D printing company’s stock after buying an additional 4,881 shares during the period. BlackRock Advisors LLC’s holdings in 3D Systems Corporation were worth $999,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Fund Advisors raised its position in shares of 3D Systems Corporation by 43.6% in the second quarter. BlackRock Fund Advisors now owns 5,705,547 shares of the 3D printing company’s stock worth $78,109,000 after buying an additional 1,733,230 shares in the last quarter. State Street Corp raised its position in shares of 3D Systems Corporation 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 in the last quarter. Vanguard Group Inc. raised its position in shares of 3D Systems Corporation 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 in the last quarter. BlackRock Investment Management LLC raised its position in shares of 3D Systems Corporation by 108.0% in the second quarter. BlackRock Investment Management LLC now owns 661,073 shares of the 3D printing company’s stock worth $9,050,000 after buying an additional 343,313 shares in the last quarter. Finally, Credit Suisse AG raised its position in shares of 3D Systems Corporation by 48.7% in the second quarter. Credit Suisse AG now owns 770,784 shares of the 3D printing company’s stock worth $10,552,000 after buying an additional 252,471 shares in the last quarter. 48.35% of the stock is currently owned by institutional investors.

3D Systems Corporation (NYSE:DDD) traded down 0.939% during trading on Monday, reaching $16.355. The company had a trading volume of 1,244,773 shares. 3D Systems Corporation has a 12-month low of $7.40 and a 12-month high of $19.76. The firm has a 50-day moving average price of $15.31 and a 200 day moving average price of $15.03. The stock’s market cap is $1.84 billion.

3D Systems Corporation (NYSE:DDD) last released its quarterly earnings data on Thursday, November 3rd. The 3D printing company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. 3D Systems Corporation had a negative net margin of 98.40% and a positive return on equity of 4.14%. The business earned $156.36 million during the quarter, compared to analyst estimates of $160.16 million. During the same quarter in the previous year, the business earned $0.01 EPS. 3D Systems Corporation’s quarterly revenue was up 3.2% compared to the same quarter last year. Equities research analysts predict that 3D Systems Corporation will post $0.44 EPS for the current fiscal year.

DDD has been the topic of several research reports. Vetr lowered 3D Systems Corporation from a “strong-buy” rating to a “buy” rating and set a $19.89 target price on the stock. in a research report on Monday, October 3rd. FBR & Co initiated coverage on 3D Systems Corporation in a research report on Monday, October 3rd. They issued a “market perform” rating and a $18.00 target price on the stock. Zacks Investment Research lowered 3D Systems Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 4th. Piper Jaffray Companies reaffirmed an “underweight” rating and issued a $10.50 target price on shares of 3D Systems Corporation in a research report on Saturday, October 15th. Finally, Gabelli raised 3D Systems Corporation from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Friday, November 4th. Four analysts have rated the stock with a sell rating, nine have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. 3D Systems Corporation currently has an average rating of “Hold” and a consensus price target of $16.04.

3D Systems Corporation Company Profile

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.

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3D Systems 391146 Cube Cartridge, Gen3, PLA, White

3D Systems PLA Filament Cartridge for Cube 3. Designed to snap into the Cube for easy loading and switching. The smart cartridge provides information on material type, color and status. Moisture-lock construction protects your filament from water and environmental damage.

Product Features

  • Compatible with Cube 3D printers
  • Suitable for functional prototypes and models
  • Moisture-lock and technologies
  • Lightweight ABS thermoplastic material

Detailed Information available on our Homepage…

3D Systems 391163 Cube Cartridge, Gen3, ABS, Black

3D Systems ABS Filament Cartridge for Cube 3. Designed to snap into the Cube for easy loading and switching. The smart cartridge provides information on material type, color and status. Moisture-lock construction protects your filament from water and environmental damage.

Product Features

  • Compatible with Cube 3D printers
  • Suitable for functional prototypes and models
  • Moisture-lock and technologies
  • Lightweight ABS thermoplastic material

Detailed Information available on our Homepage…

Stocks: The 3D Systems Corp. (DDD) Upgrade to “Buy” at the Gabelli

3D Systems Corp. (NYSE:DDD) was upgraded by equities researchers at Gabelli from a “hold” rating to a “buy” rating in a report issued on Friday. The firm currently has a $21.00 price target on the 3D printing company’s stock. Gabelli’s price objective suggests a potential upside of 68.67% from the stock’s current price.

Several other brokerages have also recently commented on DDD. Vetr cut shares of 3D Systems Corp. from a “sell” rating to a “strong sell” rating and set a $13.10 price objective for the company. in a research note on Monday, July 18th. Bank of America Corp. set a $25.00 price objective on shares of 3D Systems Corp. and gave the company a “buy” rating in a research note on Tuesday, September 13th. Piper Jaffray Cos. cut shares of 3D Systems Corp. from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $12.00 to $10.50 in a research note on Monday, July 18th. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of 3D Systems Corp. in a research note on Wednesday, July 20th. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $14.00 price objective on shares of 3D Systems Corp. in a research note on Tuesday, September 13th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $15.61.

3D Systems Corp. (NYSE:DDD) traded down 7.64% on Friday, reaching $12.45. 6,762,800 shares of the company’s stock traded hands. The company’s 50 day moving average is $15.58 and its 200-day moving average is $14.64. 3D Systems Corp. has a 52-week low of $6.00 and a 52-week high of $19.76. The stock’s market cap is $1.40 billion.

11/05/3d-systems-corp-ddd-lifted-to-buy-at-gabelli.html

3D Systems Corp. (NYSE:DDD) last posted its quarterly earnings results on Thursday, November 3rd. The 3D printing company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. 3D Systems Corp. had a negative net margin of 98.40% and a positive return on equity of 4.14%. The company had revenue of $156.36 million for the quarter, compared to analyst estimates of $160.16 million. During the same quarter in the previous year, the firm posted $0.01 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Equities analysts expect that 3D Systems Corp. will post $0.40 EPS for the current year.

A number of large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in 3D Systems Corp. by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 97,895 shares of the 3D printing company’s stock worth $1,758,000 after buying an additional 3,883 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in 3D Systems Corp. by 8.1% in the third quarter. UBS Asset Management Americas Inc. now owns 69,528 shares of the 3D printing company’s stock worth $1,248,000 after buying an additional 5,200 shares in the last quarter. CIBC World Markets Inc. purchased a new stake in 3D Systems Corp. during the third quarter worth approximately $3,504,000. State Treasurer State of Michigan raised its stake in 3D Systems Corp. by 0.5% in the third quarter. State Treasurer State of Michigan now owns 42,900 shares of the 3D printing company’s stock worth $770,000 after buying an additional 200 shares in the last quarter. Finally, Aperio Group LLC raised its stake in 3D Systems Corp. by 14.3% in the third quarter. Aperio Group LLC now owns 21,687 shares of the 3D printing company’s stock worth $389,000 after buying an additional 2,721 shares in the last quarter. Institutional investors own 50.12% of the company’s stock.

3D Systems Corp. Company Profile