´╗┐

Economy

Were Analysts Bearish Steel Dynamics, Inc

140,295 Steel Dynamics, Inc.

Shares of Steel Dynamics Inc. (NASDAQ:STLD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. It has outperformed by 27.69% the S&P500. Following the transaction, the director now owns 5,042,939 shares of the company's stock, valued at $179,730,345.96. Moreover, Tide Point Capital Management Lp has 2.96% invested in the company for 1.14 million shares. The company has a market cap of $7.94 billion, a price-to-earnings ratio of 15.51 and a beta of 1.29. The stock increased 0.36% or $0.13 during the last trading session, reaching $36.18.

About 425,635 shares traded. About shares traded. Kilroy Realty Corp (NYSE:KRC) has risen 21.14% since June 15, 2016 and is uptrending. More interesting news about Core-Mark Holding Company, Inc. Zacks Investment Research cut Steel Dynamics from a "buy" rating to a "hold" rating in a research note on Thursday, May 25th. Therefore 80% are positive. The company was initiated on Friday, December 18 by Jefferies. (NASDAQ:ABMD) has "Hold" rating given on Tuesday, August 4 by BTIG Research. (NASDAQ:STLD) rating on Tuesday, November 24. As per Wednesday, October 26, the company rating was upgraded by Bank of America. The firm has "Buy" rating given on Wednesday, December 7 by Guggenheim. Blackrock Institutional Tru Na holds 3.91 million shares. Stein William had sold 3,500 shares worth $151,755.

Investors sentiment increased to 1.15 in 2016 Q4.

Since March 16, 2017, it had 0 buys, and 1 sale for $5.00 million activity. It dived, as 20 investors sold KRC shares while 87 reduced holdings. 50 funds opened positions while 75 raised stakes. Massachusetts-based Boston Ptnrs has invested 0.54% in Steel Dynamics, Inc. (NYSE:MTG). Alpha Cubed Invs Llc owns 0.02% invested in MGIC Investment Corp. (NASDAQ:CORE) for 2,308 shares. Palisades Hudson Asset Ltd Partnership has 7,582 shares for 0.17% of their portfolio. Evercore Wealth Ltd Llc invested in 0% or 191 shares. Duff Phelps Invest Mngmt Communications has 1.07 million shares. Stock investors purchased 8,351 put options on the company. (NASDAQ:CORE) for 8,252 shares. Marshall Wace Limited Liability Partnership invested 0.12% of its portfolio in Steel Dynamics, Inc. Employees Retirement Association Of Colorado, Colorado-based fund reported 49,979 shares. Citigroup Incorporated owns 604,401 shares.

Since March 16, 2017, it had 0 insider buys, and 1 insider sale for $5.00 million activity. (NASDAQ:STLD), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Steel Dynamics, Inc. has a 52-week low of 22.79 and a 52-week high of 40.17. On Wednesday, July 20 the stock rating was maintained by FBR Capital with "Outperform". Steel Dynamics had a return on equity of 21.77% and a net margin of 6.19%. (NASDAQ:STLD) rating on Monday, August 22. BB&T Capital has "Buy" rating and $24 target. As per Monday, March 14, the company rating was downgraded by Rosenblatt. The rating was maintained by Barclays Capital with "Overweight" on Friday, August 5. On Tuesday, September 1 the stock rating was upgraded by TheStreet to "Hold". The rating was downgraded by Jefferies on Wednesday, May 4 to "Hold". The company was maintained on Monday, October 5 by Barclays Capital. (NASDAQ:STLD) news was published by Prnewswire.com which published an article titled: "How These Steel & Iron Stocks are Performing?" The stock of Steel Dynamics, Inc.

Investors sentiment increased to 0.96 in 2016 Q4. Its up 0.05, from 0.91 in 2016Q3.

A number of other hedge funds have also recently made changes to their positions in the stock. Highline Capital Management L.P., a New York-based fund reported 2.66 million shares. (NYSE:MTG). Royal Bancshares Of Canada holds 45,411 shares or 0% of its portfolio. National Asset Management Inc has invested 0.06% in Steel Dynamics, Inc. (NASDAQ:STLD) for 1.49 million shares. Putnam Invs Ltd Llc reported 170,601 shares. Clearbridge Ltd Limited Liability Company stated it has 0.17% in Steel Dynamics, Inc. (NASDAQ:STLD) for 64,000 shares. Schroder Investment Mngmt Grp reported 0.07% in Steel Dynamics, Inc. (NASDAQ:STLD). Signalpoint Asset Mgmt Limited Com holds 0.21% in Steel Dynamics, Inc. 3,129 Energy Transfer Partners LP (NYSE:ETP) shares with value of $111,536 were bought by Skidmore David K. Deutsche Retail Bank Ag invested 0.05% in Steel Dynamics, Inc. Celadon Group had 18 analyst reports since July 31, 2015 according to SRatingsIntel. Janus Ltd Limited Liability Company reported 0.01% in Steel Dynamics, Inc. Steel Dynamics, Inc. (NASDAQ:STLD), at its latest closing price of $34.63, it has a price-to-book ratio of 2.85, compared to an industry average at 0.83. Pnc Fin Gru Inc owns 23,484 shares or 0% of their United States portfolio. Raymond James Fincl Svcs Advsrs has 0% invested in Steel Dynamics, Inc.

09/21/2016 - Steel Dynamics, Inc. had its " rating reiterated by analysts at CLSA. (NASDAQ:STLD) or 499,873 shares. Additionally, the company experienced some quality issues related to the start-up of its new Galvalume® and paint line at the Columbus Flat Roll Division, resulting in higher costs and lower value-added shipments, reducing potential second quarter 2017 pretax earnings by an estimated $15 million. STLD's profit will be $216.18 million for 9.56 P/E if the $0.90 EPS becomes a reality. Analysts polled by Thomson Reuters expect the company to report earnings of $0.84 per share for the second-quarter.

News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Dynamics, Inc. with MarketBeat.com's FREE daily email newsletter.



Like this

loading...
loading...

Latest


16 June 2017
Love Island's Camilla and Jonny fall out after feminism argument
The discussion began when Camilla asked Jonny whether he would pay for the girl on a date, to which Jonny said: "Yeah, I'd pay". The following day, Camilla took Jonny to the "break-up bench". "I do, I like him".

16 June 2017
Two fugitives captured after escaping from Oklahoma jail
Accused killer Jeremy Irvin and fellow escapee Trey Goodnight were captured early Wednesday morning near Dale, Okla. Back in March, Baker and Moody proved it to be successful when they escaped the exact same way.

16 June 2017
Japan passes controversial anti-terror conspiracy law
He also claimed the bill had been rushed through without sensible debate. "That's why the law was enacted". A no-confidence motion against the Abe Cabinet was voted down on Thursday morning.

16 June 2017
Labour MP David Lammy demands arrests over 'corporate manslaughter' tower block fire
The fire moved quickly through Grenfell Tower in West London in the pre-dawn hours of Wednesday, trapping residents. The London Fire Brigade (LFB) said it had "absolutely no idea" how many individuals remain unaccounted for.

16 June 2017
Man in court for murder over dismembered body found in Wicklow Mountains
Seven scenes in the area are sealed off where most of the victims body parts were recovered and searches are continuing. Tests confirmed they belonged to Patricia O'Connor - a grandmother in her 60s - from Rathfarnham in South Dublin.

16 June 2017
Marvell Technology Group Ltd. (MRVL) Upgraded at Oppenheimer Holdings, Inc
Lyon Street Capital Limited Liability Corporation has invested 0.77% in Marvell Technology Group Ltd. (NASDAQ:MRVL). First Trust Advisors LP increased its stake in shares of Marvell Technology Group by 136.8% in the first quarter.

16 June 2017
Roosevelt Investment Group INC Increases Holding in Disney Walt Co (DIS)
Drexel Hamilton reaffirmed a "hold" rating on shares of Walt Disney Company (The) in a research note on Tuesday, March 21st. Norges Bank acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter valued at $1,507,183,000.

16 June 2017
Three men arrested in London on terror charges
Two people believed to have documents linked to Redouane were arrested in Ireland, though only one remained in custody Wednesday. She said she understood why many British imams have said they are not prepared to give her son a Muslim funeral.

16 June 2017
Donnelly at Dems baseball practice when shooting occurred at GOP field
"We understand he is lucky to be alive and we owe it to these unbelievable individuals and Matt's fighting spirit and grit". The electronics were found in the shooter's white van, which was parked in a YMCA lot next to the Alexandria baseball field.

16 June 2017
Policemen storm Malaysia plane after bomb scare
Passengers and crew tackled the man and tied him up with seat belts until the flight landed, a witness told Reuters . The man was overpowered by passengers but armed police entered the plane to make sure everything was okay.