Weekly Commercial Metals Company (NYSE:CMC) Ratings on Apr 17, 2018

April 17, 2018 - By Richard Doty

Commercial Metals Company (NYSE:CMC) Corporate Logo
Big Money Sentiment increased to 1.44 in Q4 2017. It has change of 0.46, from 2017Q3’s 0.98. The ratio improved due to Commercial Metals Company positioning: 14 sold and 61 reduced. 41 funds bought stakes and 67 increased stakes. Investors holded 100.74 million in 2017Q3 but now own 99.73 million shares or 1.00% less.
King Luther Cap Mgmt Corporation stated it has 229,750 shs or 0.04% of all its holdings. State Street owns 6.02M shs or 0.01% of their US capital. Benjamin F Edwards Inc has 0% invested in Commercial Metals Company (NYSE:CMC) for 500 shs. Moreover, Aperio Gp Limited Liability Company has 0% invested in Commercial Metals Company (NYSE:CMC) for 44,685 shs. Louisiana State Employees Retirement System stated it has 29,300 shs or 0.03% of all its holdings. California Employees Retirement System stated it has 294,957 shs or 0.01% of all its holdings. Parallax Volatility Advisers Ltd Partnership accumulated 0% or 17,766 shs. Voya Invest Mngmt Ltd holds 2.30M shs or 0.1% of its capital. Weaver C Barksdale & Assoc has 1,311 shs for 0.03% of their capital. Landscape Cap Limited Co reported 0.03% stake. California State Teachers Retirement accumulated 191,185 shs. Millennium Mngmt Limited invested 0.05% of its capital in Commercial Metals Company (NYSE:CMC). 47,000 are owned by Pnc Group. Dimensional Fund Advsrs L P owns 9.85 million shs or 0.09% of their US capital. Bessemer Inc accumulated 1,387 shs.

Commercial Metals Company registered $1.54 million net activity with 0 insider buys and 3 selling transactions since January 16, 2018. $510,000 worth of stock was sold by HICKEY ADAM R on Monday, February 26.

Commercial Metals Company (NYSE:CMC) Ratings Coverage

Total analysts of 8 have positions in Commercial Metals (NYSE:CMC) as follows: 5 rated it a “Buy”, 1 with “Sell” and 2 with “Hold”. The positive are 63%. Since October 30, 2017 according to StockzIntelligence Inc Commercial Metals has 11 analyst reports. The stock rating was maintained by Jefferies with “Buy” on Thursday, March 22. On Wednesday, March 14 the firm has “Hold” rating by Bank of America given. The company rating was upgraded by JP Morgan on Friday, March 9. The stock rating was maintained by Jefferies with “Buy” on Tuesday, January 9. On Tuesday, April 3 the company was downgraded by Citigroup. In Thursday, March 29 report Deutsche Bank maintained the stock with “Buy” rating. On Friday, March 9 the rating was upgraded by J.P. Morgan to “Buy”. On Monday, October 30 the company was maintained by Jefferies. On Thursday, December 7 the firm earned “Buy” rating by Bank of America. Listed here are Commercial Metals Company (NYSE:CMC) PTs and latest ratings.

06/04/2018 Broker: Longbow Rating: Buy New Target: $27 Initiates Coverage On
03/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Neutral Old Target: $21 Downgrade
29/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $27 New Target: $26 Maintain
22/03/2018 Broker: Jefferies Rating: Buy New Target: $28.0000 Maintain
20/03/2018 Broker: Goldman Sachs Rating: Sell New Target: $25 Initiates Coverage On
14/03/2018 Broker: Bank of America Rating: Hold Downgrade
09/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
09/03/2018 Broker: J.P. Morgan Rating: Buy New Target: $30.0 Upgrade
09/01/2018 Broker: Jefferies Rating: Buy New Target: $29.0 Maintain
07/12/2017 Broker: Bank of America Rating: Buy New Target: $24.0 Upgrade

On during the last trading session the stock increased $0.18 or 0.89%, reaching $20.4.Commercial Metals Company has volume of 1.31 million shares. Since April 17, 2017 CMC has risen 12.07% and is uptrending. CMC outperformed the S&P500 by 0.52%.

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally.The company has $2.39 billion market cap. It operates through five divisions: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution.The P/E ratio is 43.78. The Americas Recycling segment processes and sells scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.

Commercial Metals Company (NYSE:CMC) Institutional Investors Chart

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