Last Week Steel Dynamics, Inc. (NASDAQ:STLD) Ratings

June 27, 2018 - By Nell Hawkins

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
During 2018 Q1 the big money sentiment increased to 1.08. That’s change of 0.11, from 2017Q4’s 0.97. 33 investors sold all, 153 reduced holdings as Steel Dynamics, Inc. ratio improved. 149 rose holdings while 52 funds bought holdings. Funds hold 184.42 million shares thus 2.34% less from 2017Q4’s 188.84 million shares.
Twin Tree Management L P owns 165 shs for 0% of their capital. Parametric Port Assocs Ltd Limited Liability Company has 0.02% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Atlantic Group Incorporated Lc holds 0% or 839 shs in its capital. 12,900 are owned by Bluestein R H And Co. State Street has invested 0.03% in Steel Dynamics, Inc. (NASDAQ:STLD). Hightower Advsr Ltd Limited Liability Company accumulated 0% or 9,202 shs. Keybank Natl Association Oh has invested 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD). Kames Capital Public Limited Co stated it has 726,757 shs. California Public Employees Retirement Sys holds 0.04% or 578,278 shs. Los Angeles And Equity Rech Inc reported 509,815 shs. Mesirow Investment reported 26,395 shs. Moreover, Raymond James Fin Services Advsr has 0.01% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Cibc World Inc owns 39,831 shs for 0.01% of their capital. Dreman Value Management L L C holds 543 shs. Nelson Van Denburg Campbell Wealth Group Limited Liability invested 0.05% in Steel Dynamics, Inc. (NASDAQ:STLD).

Steel Dynamics, Inc. had 4 selling transactions and 0 insider purchases since May 31, 2018. This’s net activity of $1.24 million. The insider Wagler Theresa E sold 2,804 shs worth $140,825. 3,590 shs valued at $180,653 were sold by BUSSE KEITH E on Monday, June 11.

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

In total 11 analysts cover Steel Dynamics (NASDAQ:STLD). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. (NASDAQ:STLD) has 64% bullish analysts. 17 are the (NASDAQ:STLD)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, April 17 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Equal-Weight” rating given by Morgan Stanley. In Thursday, June 14 report KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating. The company rating was maintained by Bank of America on Monday, January 8. On Thursday, January 4 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given by Cowen & Co. The stock rating was downgraded by Credit Suisse to “Hold” on Tuesday, June 12. On Thursday, April 19 Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) with “Buy” rating. The company rating was maintained by Jefferies on Tuesday, January 9. On Wednesday, January 24 Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Cowen & Co has “Buy” rating and $60.0 target. On Tuesday, January 23 the rating was maintained by BMO Capital Markets with “Buy”. On Wednesday, January 10 KeyBanc Capital Markets maintained the shares of STLD in report with “Buy” rating. Listed here are Steel Dynamics, Inc. (NASDAQ:STLD) PTs and latest ratings.

14/06/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Sector Weight Downgrade
12/06/2018 Broker: Credit Suisse Rating: Hold New Target: $55.0000 Downgrade
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

The stock decreased 0.55% or $0.26 during the last trading session, reaching $46.64.Steel Dynamics, Inc. has volume of 287,352 shares. Since June 27, 2017 STLD has risen 43.55% and is uptrending. STLD outperformed the S&P 500 by 30.98%.

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 $11.00 billion market cap. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.13.33 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.

There’s a significant Steel Dynamics, Inc. (NASDAQ:STLD) news brought out by Seekingalpha.com. It’s an item titled: “Steel Dynamics +3% after issuing above-consensus Q2 earnings view” on June 15, 2018.

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

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