Weekly Steel Dynamics, Inc. (NASDAQ:STLD) Ratings as of Jun 27, 2018

June 27, 2018 - By Sarah Harris

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 increased. 149 increased stakes while 52 funds amassed stakes. Funds hold 184.42 million shares thus 2.34% less from 2017Q4’s 188.84 million shares.
Retail Bank Of New York Mellon Corporation has invested 0.04% in Steel Dynamics, Inc. (NASDAQ:STLD). First Allied Advisory Services owns 0.01% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 7,899 shs. 64,400 are owned by State Bank Of Nova Scotia. Nikko Asset Americas Inc holds 332,409 shs or 0.52% of its capital. Enterprise Fincl Service accumulated 0% or 62 shs. Moreover, Miles Cap has 0.77% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Bluestein R H And Com accumulated 0.03% or 12,900 shs. Whitnell & Company holds 0.01% or 679 shs in its capital. Eventide Asset Mngmt Ltd Com has 1.56% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 754,000 shs. American Intll Gp Inc holds 472,153 shs. Federated Pa has invested 0.02% in Steel Dynamics, Inc. (NASDAQ:STLD). Bnp Paribas Asset Sa owns 30,981 shs. Sei Invests Com invested in 150,940 shs or 0.03% of the stock. Dana Advsrs Incorporated has 306,809 shs for 0.61% of their capital. Smithfield Trust Company owns 3,410 shs.

Steel Dynamics, Inc. had 4 insider sales and 0 insider buys since May 31, 2018. This’s net activity of $1.24 million. On Monday, June 11 a trade for 3,590 shs valued at $180,653 was made by BUSSE KEITH E. On Thursday, June 7 $230,186 worth of Steel Dynamics, Inc. (NASDAQ:STLD) was sold by KOLB JURGEN DR.

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 Thursday, April 19 Cowen & Co maintained the shares of STLD in report with “Buy” rating. On Tuesday, January 23 BMO Capital Markets maintained the shares of STLD in report with “Buy” rating. The stock rating was maintained by Cowen & Co with “Buy” on Wednesday, January 24. On Thursday, March 29 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Deutsche Bank. On Wednesday, January 10 the firm earned “Buy” rating by KeyBanc Capital Markets. On Monday, January 8 the rating was maintained by Bank of America with “Buy”. On Tuesday, January 9 the firm has “Buy” rating given by Jefferies. The stock rating was maintained by Cowen & Co with “Buy” on Thursday, January 4. On Tuesday, April 17 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, April 24 the firm earned “Buy” rating by Citigroup. 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

STLD is touching $46.64 during the last trading session, after decreased 0.55%.Currently Steel Dynamics, Inc. is uptrending after 43.55% change in last June 27, 2017. STLD has also 287,352 shares volume. 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 firm is worth $11.00 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.The P/E ratio is 13.33. 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 announced by Seekingalpha.com. It’s a report 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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