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

June 27, 2018 - By Joseph March

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 increased stakes while 52 funds took stakes. Funds hold 184.42 million shares thus 2.34% less from 2017Q4’s 188.84 million shares.
James Invest Research owns 48,705 shs. Stone Ridge Asset Mngmt Lc has 20,003 shs for 0.05% of their capital. Driehaus Capital Management Limited Liability Company accumulated 0.03% or 19,351 shs. The Massachusetts-based Granahan Inv Mngmt Inc Ma has invested 0.02% in Steel Dynamics, Inc. (NASDAQ:STLD). California State Teachers Retirement Systems accumulated 0.04% or 374,637 shs. Cadence Capital Mgmt Lc has 0.12% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 41,296 shs. Bridgewater Associates Limited Partnership owns 32,580 shs. The Pennsylvania-based Federated Inc Pa has invested 0.02% in Steel Dynamics, Inc. (NASDAQ:STLD). Victory Mgmt Inc stated it has 0.04% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Liberty Mutual Gru Asset Mgmt holds 0.06% or 46,668 shs in its capital. Leavell reported 12,000 shs. Aqr Cap Management Lc holds 0.09% or 1.80 million shs. 113,650 were reported by Art Advisors Ltd. 587,231 are held by Teacher Retirement Of Texas. Wisconsin-based State Of Wisconsin Invest Board has invested 0.06% in Steel Dynamics, Inc. (NASDAQ:STLD).

Steel Dynamics, Inc. registered $1.24 million net activity with 0 buys and 4 sales since May 31, 2018. Another trade for 3,590 shs valued at $180,653 was made by BUSSE KEITH E on Monday, June 11. 2,804 shs were sold by Wagler Theresa E, worth $140,825.

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

Total analysts of 11 have positions in Steel Dynamics (NASDAQ:STLD) as follows: 7 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 64%. Since January 4, 2018 according to StockzIntelligence Inc Steel Dynamics has 17 analyst reports. On Monday, January 8 the firm earned “Buy” rating by Bank of America. On Wednesday, January 24 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given by Cowen & Co. On Tuesday, June 12 Credit Suisse downgraded the shares of STLD in report to “Hold” rating. In Thursday, April 19 report Cowen & Co maintained the stock with “Buy” rating. On Thursday, January 4 the firm earned “Buy” rating by Cowen & Co. On Tuesday, January 23 the firm earned “Buy” rating by BMO Capital Markets. The stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Thursday, June 14. On Wednesday, January 24 the company was maintained by Credit Suisse. In Wednesday, January 10 report KeyBanc Capital Markets maintained the stock with “Buy” rating. On Monday, February 5 the firm has “Buy” rating by Cowen & Co given. 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

Ticker’s shares touched $46.64 during the last trading session after 0.55% change.Currently Steel Dynamics, Inc. is uptrending after 43.55% change in last June 27, 2017. STLD has also 287,352 shares volume. STLD outperformed by 30.98% the S&P500.

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.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 an important Steel Dynamics, Inc. (NASDAQ:STLD) news posted by Seekingalpha.com. It’s an article 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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