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Nucor Corp (NYSE:NUE) 2017 Q2 Sentiment Report

Following the transaction, the chairman now directly owns 361,847 shares of the company's stock, valued at approximately $21,772,333.99. The Firm produces direct reduced iron (DRI) for use in its steel mills. The number of shares now owned by investors are 82.85 mln. The firm presently has a $65.00 target price on the basic materials company's stock, up from their prior target price of $53.60.

About 1.09M shares traded. It has outperformed by 5.04% the S&P500. The EVP now owns $3,849,680 of the stock per an SEC filing yesterday. Waratah Capital Advisors Ltd bought 18,658 shares as the company's stock declined 0.34% while stock markets rallied. The California-based Capital Int Sarl has invested 0.03% in Nucor Corporation (NYSE:NUE). Rothschild Investment Corp who had been investing in Nucor Corp for a number of months, seems to be bullish on the $17.80B market cap company. The stock rose 1.85% or $1.07 reaching $58.9 per share.

Over the past five trading sessions shares of MasTec, Inc.

Weighted Alpha is used to calculate how much a share has gone up or down over a certain period, normally a year. It also reduced its holding in East West Bancorp Inc (NASDAQ:EWBC) by 9,443 shares in the quarter, leaving it with 12,139 shares, and cut its stake in Chimera Invt Corp.

A number of equities research analysts have issued reports on the stock. The ex-dividend date of this dividend is Thursday, September 28th.

Among 12 analysts covering Murphy Oil Corporation (NYSE:MUR), 0 have Buy rating, 2 Sell and 10 Hold. The company was upgraded on Wednesday, May 24 by Credit Suisse. The rating was initiated by Citigroup with "Neutral" on Monday, August 22. On Monday, September 18 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The stock now has Weekly Volatility of 2.15% and Monthly Volatility of 2.17%. Also, insider Leon J. Topalian sold 2,626 shares of Nucor Corporation stock in a transaction dated Monday, July 24th. The company was maintained on Tuesday, August 8 by Piper Jaffray. The stock was sold at an average price of $55.16, for a total transaction of $137,900.00. Longbow Research reissued a buy rating and set a $66.00 price objective on shares of Nucor Corporation in a report on Thursday, July 27th. Therefore 63% are positive.

Yet another important factor while evaluating a good buy/sell decision for Nucor Corporation (NUE) is its Earnings per Share or EPS. As per Tuesday, December 6, the company rating was upgraded by Berenberg. The company was downgraded on Wednesday, March 23 by Deutsche Bank. As per Wednesday, January 27, the company rating was upgraded by Goldman Sachs. The legal version of this news story can be accessed at https://baseballnewssource.com/markets/bmo-capital-markets-reiterates-market-perform-rating-for-nucor-corporation-nue/1656922.html. Argus Research has "Buy" rating and $75 target.

A total of 15 equity analysts have released a ratings update on NUE. Prnewswire.com's news article titled: "Nucor Board of Directors Approves Steel Bar Micro Mill Project and Merchant ..." with publication date: September 15, 2017 was also an interesting one. Symons Capital Management Inc owns 349,800 shares or 5.66% of their U.S. portfolio. Over the last week of the month, it was 1.02%, -3.86% over the last quarter, and -11.02% for the past six months.

Shares of Nucor Corporation (NYSE NUE) traded up 0.04% on Thursday, reaching $54.53. Its up 0.03, from 1.21 in 2017Q1. It dropped, as 57 investors sold NUE shares while 200 reduced holdings. 94 funds opened positions while 224 raised stakes. The active investment managers in our partner's database now own: 235.76 million shares, down from 239.86 million shares in 2017Q1. Nucor Corporation's payout ratio is 43.77%. The 50 day moving average was down by -0.74% whereas the 200 day average was down by -5.86%.

Bancorpsouth Inc increased Vanguard World Fd (MGC) stake by 8,279 shares to 351,932 valued at $29.17 million in 2017Q2. Perella Weinberg Ptnrs Capital Mngmt LP reported 45,716 shares. South State holds 0.1% or 30,200 shares in its portfolio. 2,374,297 shares of the company were exchanged. Wright Investors Serv owns 9,345 shares. Public Employees Retirement Sys Of Ohio invested in 140,942 shares. Carroll Fin Assoc stated it has 0.18% of its portfolio in Nucor Corporation (NYSE:NUE). Aberdeen Asset Mngmt Plc Uk holds 640,163 shares or 0.12% of its portfolio. Sigma Inv Counselors Inc accumulated 36,399 shares. Glob X Limited reported 752 shares.

Bank of America Corporation reiterated their buy rating on shares of Nucor Corporation (NYSE:NUE) in a research note published on Wednesday, September 6th. Investment Counselors Of Maryland invested in 0.07% or 21,725 shares.

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