Economy

Honkamp Krueger Financial Services Inc. ADV Takes Position in Nucor Corporation (NUE)

Honkamp Krueger Financial Services Inc. ADV Takes Position in Nucor Corporation (NUE)”

The shares were sold at an average price of $60.17, for a total transaction of $898,999.97. After $1.00 actual earnings per share reported by Nucor Corporation for the previous quarter, Wall Street now forecasts 6.00% EPS growth. Company insiders own 0.70% of the company's stock. Glg Partners Lp bought 25,254 shares as the company's stock declined 11.33% while stock markets rallied. Voya Financial Inc (NYSE:VOYA) has risen 11.06% since September 13, 2016 and is uptrending. It has underperformed by 47.68% the S&P500.

On 2/15/2013 Nucor Corporation announced a quarterly dividend of $0.37. BlackRock Inc. now owns 21,654,414 shares of the basic materials company's stock valued at $1,293,202,000 after acquiring an additional 20,571,970 shares during the last quarter. Nucor Corp now has $17.03B valuation.

The stock increased 0.22% or $0.12 during the last trading session, reaching $53.6. About 52,778 shares traded.

Nucor Corporation (NYSE:NUE) last posted its quarterly earnings results on Thursday, July 20th. It has outperformed by 5.04% the S&P500. A 9 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:NUE) or, if they already own its stock, sell it. Therefore 58% are positive.

Nucor Corporation (NYSE:NUE) has seen its stock price gain 6.04, or -10.15%, so far in 2017. The firm earned "Buy" rating on Monday, December 14 by Nomura. Citigroup maintained Aon plc Class A Ordinary Shares (UK) (NYSE:AON) rating on Monday, August 7. CLSA maintained E*TRADE Financial Corp (NASDAQ:ETFC) on Thursday, September 22 with "Outperform" rating.

Several brokerages have issued reports on NUE.

07/27/2017 - Nucor Corporation had its "buy" rating reiterated by analysts at Longbow Research. The stock has "Underperform" rating by Macquarie Research on Tuesday, November 29. Standpoint Research maintained E*TRADE Financial Corp (NASDAQ:ETFC) on Sunday, August 9 with "Hold" rating. Norinchukin Bank The now owns 22,141 shares of the basic materials company's stock worth $1,281,000 after purchasing an additional 1,421 shares during the period.

A number of other hedge funds have also added to or reduced their stakes in NUE. 106 funds opened positions while 180 raised stakes. There were 71 sold out positions, amounting to 3.26 million shares.

Traders are more bullish on shares of Nucor Corporation if you consider the downtick in short interest. The New York-based Lombard Odier Asset (Usa) has invested 0.65% in Nucor Corporation (NYSE:NUE).

Yesterday Nucor (NYSE:NUE) traded 0.34% higher at $53.61. Finally, Jefferies Group LLC reiterated a buy rating and set a $68.00 price target on shares of Nucor Corporation in a report on Wednesday, July 19th. Northeast Fin Consultants accumulated 8,081 shares. Lmr Ptnrs Llp invested in 19,312 shares or 0.18% of the stock. Sumitomo Life Insur has 0.28% invested in Nucor Corporation (NYSE:NUE). Retirement Sys Of Alabama reported 580,657 shares. Finally, First Command Bank increased its holdings in shares of Nucor Corporation by 1.5% in the second quarter. Washington Trust Bank now owns 1,756 shares of the basic materials company's stock valued at $102,000 after buying an additional 660 shares in the last quarter.

Flippin Bruce & Porter Inc increased Wells Fargo & Co (NYSE:WFC) stake by 7,679 shares to 137,570 valued at $7.58 million in 2016Q4. The percentage of shares being held by the company management was 8.25% while institutional stake was 69.1%. Microsoft Corp (NASDAQ:MSFT) was raised too.

Investors sentiment decreased to 0.72 in 2016 Q4. Its up 0.26, from 0.98 in 2016Q3. It is negative, as 36 investors sold VOYA shares while 136 reduced holdings. 89 funds opened positions while 116 raised stakes. 248.73 million shares or 1.02% more from 246.23 million shares in 2016Q3 were reported. Capstone Asset invested 0.05% in Nucor Corporation (NYSE:NUE). Meritage Limited Partnership, California-based fund reported 15,297 shares. Jefferies Gp Lc stated it has 222 shares or 0% of all its holdings. Old Republic holds 879,500 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.03% invested in Voya Financial Inc (NYSE:VOYA). Daiwa Secs Gru owns 18,400 shares for 0% of their portfolio.

On a similar note, analysts expect EPS of $1.06 in September 2017 quarter and $1.01 in December 2017 quarter, representing 20.45% and 102% growth, respectively. Aviva Pcl reported 132,977 shares or 0.03% of all its holdings.



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