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

May 17, 2018 - By Richard Doty

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 improved. 113 rose stakes while 71 funds took stakes. Funds hold 188.84 million shares thus 1.01% less from 2017Q3’s 190.76 million shares.
Proshare Advsrs Lc invested in 45,098 shs. Kames Cap Public Ltd Com has invested 0.8% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Employees Retirement Association Of Colorado invested 0.01% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Raymond James holds 0.05% or 608,362 shs. Utah Retirement accumulated 42,241 shs. Robeco Institutional Asset Mngmt Bv has invested 0.02% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Optimum Invest stated it has 0.11% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Brown Brothers Harriman invested 0% in Steel Dynamics, Inc. (NASDAQ:STLD). Steadfast Mgmt L P owns 4.57M shs or 3.08% of their US capital. Louisiana State Employees Retirement Systems holds 0.12% in Steel Dynamics, Inc. (NASDAQ:STLD) or 60,000 shs. Earnest Ptnrs Llc holds 0% or 146 shs. Beck Capital reported 0.47% in Steel Dynamics, Inc. (NASDAQ:STLD). Cornerstone Cap Mgmt Hldg Limited Liability Company owns 154,584 shs for 0.05% of their capital. Tci Wealth Advsr reported 57 shs. State Common Retirement Fund invested 0.03% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD).

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

A total of 12 analysts rate Steel Dynamics (NASDAQ:STLD) as follows: 10 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 83% are bullish. (NASDAQ:STLD) has 17 ratings reports on May 17, 2018 according to StockzIntelligence. On Wednesday, January 24 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Cowen & Co. On Monday, January 8 Bank of America maintained the shares of STLD in report with “Buy” rating. In Tuesday, April 24 report Citigroup maintained it with “Buy” rating and $55 target. On Thursday, March 29 Deutsche Bank maintained the shares of STLD in report with “Buy” rating. The company rating was maintained by Morgan Stanley on Tuesday, April 17. On Thursday, April 19 the firm earned “Buy” rating by Cowen & Co. On Monday, February 5 the stock has “Buy” rating by Cowen & Co. In Tuesday, January 9 report Jefferies maintained the stock with “Buy” rating. On Wednesday, December 20 the rating was upgraded by Longbow to “Buy”. On Tuesday, January 23 the stock has “Buy” rating by BMO Capital Markets. 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

Ticker’s shares touched $51.38 during the last trading session after 0.86% change.Currently Steel Dynamics, Inc. is uptrending after 27.57% change in last May 17, 2017. STLD has 2.08 million shares volume. The stock outperformed the S&P 500 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 firm is valued at $12.12 billion. 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 Seekingalpha.com, Streetinsider.com and Themiddlemarket.com. The first one has “Steel Dynamics reports strong Q1 results” as a title and was posted on April 19, 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 May 15, 2018, called “M&A daily wrap: Stephen Feinberg, Cerberus, Trump’s Intelligence Advisory Board, Tyson Foods”.

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

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