Steel Dynamics, Inc. (NASDAQ:STLD) Weekly Ratings as of May 17, 2018

May 17, 2018 - By Arnold Ferreira

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
Big Money Sentiment increased to 0.97 in 2017 Q4. It has change of 0.14, from 2017Q3’s 0.83. The ratio improved due to Steel Dynamics, Inc. positioning: 32 sold and 158 reduced. 71 funds took stakes and 113 increased stakes. Investors holded 190.76 million in 2017Q3 but now own 188.84 million shares or 1.01% less.
Pennsylvania-based Private Wealth Advsr has invested 0.4% in Steel Dynamics, Inc. (NASDAQ:STLD). Piermont Inc reported 10,330 shs or 0.15% of all its holdings. Strs Ohio stated it has 282,854 shs or 0.05% of all its holdings. Bancorp Of Montreal Can accumulated 2.90 million shs. First Citizens Bancshares Trust has 0.05% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Bluecrest Cap Management has 0.15% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Scout has invested 0.64% in Steel Dynamics, Inc. (NASDAQ:STLD). Amp Cap Investors reported 233,116 shs. Stevens Capital Mngmt Lp holds 7,156 shs. Ubs Asset Mngmt Americas owns 1.43 million shs. New York-based Secor Capital L P has invested 0.39% in Steel Dynamics, Inc. (NASDAQ:STLD). National Pension Ser holds 3,476 shs or 0% of its capital. Advisor Ltd Liability reported 0.04% in Steel Dynamics, Inc. (NASDAQ:STLD). Quantbot Technologies Limited Partnership invested 0.04% in Steel Dynamics, Inc. (NASDAQ:STLD). Redwood Investments Llc has invested 0.06% in Steel Dynamics, Inc. (NASDAQ:STLD).

Steel Dynamics, Inc. (NASDAQ:STLD) Ratings Coverage

Total analysts of 12 have positions in Steel Dynamics (NASDAQ:STLD) as follows: 10 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 83%. Since December 18, 2017 according to StockzIntelligence Inc Steel Dynamics has 17 analyst reports. On Thursday, April 19 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Cowen & Co. On Tuesday, January 23 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given by Jefferies. On Monday, February 5 the firm has “Buy” rating by Cowen & Co given. On Thursday, March 29 Deutsche Bank maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Deutsche Bank has “Buy” rating and $53 target. On Thursday, January 4 Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Cowen & Co has “Buy” rating and $53.0 target. On Tuesday, January 23 BMO Capital Markets maintained Steel Dynamics, Inc. (NASDAQ:STLD) with “Buy” rating. On Wednesday, December 20 the company was upgraded by Longbow. The company rating was maintained by Morgan Stanley on Tuesday, April 17. On Wednesday, January 24 the rating was maintained by Cowen & Co with “Buy”. On Monday, December 18 the firm has “Buy” rating given by Cowen & Co. Listed here are Steel Dynamics, Inc. (NASDAQ:STLD) PTs and latest ratings.

24/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $54 New Target: $55 Maintain
19/04/2018 Broker: Cowen & Co Rating: Buy New Target: $60.0000 Maintain
18/04/2018 Broker: UBS Rating: Neutral New Target: $47 Initiates Coverage On
17/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $46 New Target: $50 Maintain
29/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $52 New Target: $53 Maintain
20/03/2018 Broker: Goldman Sachs Rating: Buy New Target: $59 Initiates Coverage On
05/02/2018 Broker: Cowen & Co Rating: Buy New Target: $60.0 Maintain
24/01/2018 Broker: Cowen & Co Rating: Buy New Target: $60.0 Maintain
23/01/2018 Broker: Jefferies Rating: Buy New Target: $54.0 Maintain
23/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $55.0 Maintain

STLD reached $51.38 during the last trading session after $0.44 change.Steel Dynamics, Inc. has volume of 2.08M shares. Since May 17, 2017 STLD has risen 27.57% and is uptrending. STLD outperformed the S&P500 by 16.02%.

Steel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally.The company has $12.12 billion market cap. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.15.29 is the P/E ratio. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; threaded rod products, and cold drawn and heat treated bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections.

More recent Steel Dynamics, Inc. (NASDAQ:STLD) news were released by Streetinsider.com, Themiddlemarket.com and Seekingalpha.com. The first one has “Steel Dynamics (STLD) to Acquire CSN Heartland Flat Roll Operations for $400M” as a title and was released on May 14, 2018. The next is “M&A daily wrap: Stephen Feinberg, Cerberus, Trump’s Intelligence Advisory Board, Tyson Foods” on May 15, 2018. And last was released on April 19, 2018, called “Steel Dynamics reports strong Q1 results”.

Steel Dynamics, Inc. (NASDAQ:STLD) Institutional Investors Chart

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