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 Argus Research has "Buy" rating and $75 target.

A total of 15 equity analysts have released a ratings update on NUE.'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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.

Like this



12 April 2018
New Jersey Looking Towards Sports Betting
New Jersey has demonstrated recently that financial returns from legalising gambling, in particular online gambling can be huge . As of April 2018 New Jersey have spent a massive $7.2M dollars in the fight to legalise sports betting within the state borders.

23 September 2017
Hennessy Advisors Inc. Sells 3500 Shares of Scana Corporation (SCG)
The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in SC . TRADEMARK VIOLATION WARNING: This story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes.

23 September 2017
U.S. sends warnings to North Korea ahead of UN General Assembly
Along with sanctions, "all of that [is] created to bring North Korea to the table for constructive productive dialogue", he said. Nikki Haley told CNN that the UN Security Council has run out of options to rein in North Korea.

23 September 2017
Q2 Sentiment Mccormick & Co Inc (NYSE:MKC)
The company was reinitiated on Monday, May 16 by Needham. (NASDAQ:ORMP) has "Buy" rating given on Tuesday, December 1 by H.C. Zacks Investment Research cut McCormick & Company, from a "buy" rating to a "hold" rating in a report on Friday, June 16th.

23 September 2017
American Electric Power Company, Inc. (AEP) Shares Bought by Calamos Advisors LLC
Similar to ROE, ROIC measures how effectively company management is using invested capital to generate company income. American Electric Power Company, Inc. earnings have declined with an annualized rate of -17.4% over the last 5 years.

23 September 2017
Analyst Earnings Estimates Scan: Valero Energy Corporation (VLO)
A month ago, they told us to expect earnings of US$0.74 per share while three months ago their EPS consensus estimate was US$0.88. Boston Advisors Limited Liability Co stated it has 0.52% of its portfolio in Valero Energy Corporation (NYSE:VLO).

23 September 2017
Should You Buy The Dip At Apple?
A popular website notched 1.5 million iPhone 8 sales in the first three days compared to 3.5 million for last year's iPhone 7 . That was particularly worrying because the data connection is the biggest new feature in the third version of the Watch.

23 September 2017
Fears of Nuclear Explosion as North Korea Hit by 3.4 Magnitude Earthquake
A 3.4 magnitude natural disaster was detected in North Korea on Saturday, Japan's Kyodo News reported, citing China's quake agency.

23 September 2017
ASJ defeats ABVP, NSUI in UoH student elections
The ABVP is the student affiliate of the Rashtriya Swayamsevak Sangh (RSS), the ideological mentor of the BJP. Manjula from ASA was elected unopposed to the post of Research Scholars' representative to the GSCASH.

13 September 2017
Casino "SL Casino Riga" of Storm International chain to open in Riga
Guests could relax playing the most popular slots, roulette and video poker, as well as enjoy original entertaining show programs. The interiors are made in soft colors and the muffled lighting is done to create an atmosphere of luxury and relaxation.