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

May 17, 2018 - By Ira Colvard

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
During 2017 Q4 the big money sentiment increased to 0.97. That’s change of 0.14, from 2017Q3’s 0.83. 32 investors sold all, 158 reduced holdings as Steel Dynamics, Inc. ratio is positive. 113 grew stakes while 71 funds acquired stakes. Funds hold 188.84 million shares thus 1.01% less from 2017Q3’s 190.76 million shares.
Veritable L P holds 0% or 5,544 shs. Advantus Cap Mngmt has invested 0.03% in Steel Dynamics, Inc. (NASDAQ:STLD). Moreover, Fjarde Ap has 0.04% invested in Steel Dynamics, Inc. (NASDAQ:STLD). State Treasurer State Of Michigan has invested 0.03% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Dimensional Fund L P stated it has 0.07% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Reilly Limited Com reported 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD). Axa invested in 24,501 shs. State Of Alaska Department Of Revenue reported 23,028 shs. Point72 Asset Ltd Partnership owns 1.42 million shs or 0.27% of their US capital. Louisiana State Employees Retirement Systems has invested 0.12% in Steel Dynamics, Inc. (NASDAQ:STLD). Employees Retirement Association Of Colorado accumulated 49,185 shs. Vident Inv Advisory Lc reported 0.15% stake. Korea Inv Corp has 1.12M shs for 0.22% of their capital. Cap Advisers Ltd reported 0.01% stake. Advsr Asset Mgmt reported 69,146 shs stake.

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

In total 12 analysts cover Steel Dynamics (NASDAQ:STLD). “Buy” rating has 10, “Sell” are 0, while 2 are “Hold”. (NASDAQ:STLD) has 83% bullish analysts. 17 are the (NASDAQ:STLD)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Thursday, March 29 the firm has “Buy” rating by Deutsche Bank given. On Thursday, April 19 the rating was maintained by Cowen & Co with “Buy”. On Tuesday, January 9 Jefferies maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Jefferies has “Buy” rating and $53.0 target. On Tuesday, April 17 the company was maintained by Morgan Stanley. On Monday, January 8 Bank of America maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Bank of America has “Buy” rating and $51.0 target. On Tuesday, January 23 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Jefferies. On Tuesday, April 24 the rating was maintained by Citigroup with “Buy”. On Wednesday, December 20 the rating was upgraded by Longbow to “Buy”. On Thursday, January 4 the firm earned “Buy” rating by Cowen & Co. On Wednesday, January 24 the rating was maintained by Credit Suisse with “Outperform”. 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 is hitting $51.38 during the last trading session, after increased 0.86%.Currently Steel Dynamics, Inc. is uptrending after 27.57% change in last May 17, 2017. STLD has 2.08M shares volume. The stock 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 posted by Themiddlemarket.com, Streetinsider.com and Seekingalpha.com. The first one has “M&A daily wrap: Stephen Feinberg, Cerberus, Trump’s Intelligence Advisory Board, Tyson Foods” as a title and was posted on May 15, 2018. The next is “Steel Dynamics (STLD) to Acquire CSN Heartland Flat Roll Operations for $400M” on May 14, 2018. And last was posted on April 19, 2018, called “Steel Dynamics reports strong Q1 results”.

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

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