Steel Dynamics, Inc. (NASDAQ:STLD) Ratings Summary as of Jun 27, 2018

June 27, 2018 - By Mary Anderson

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
Big Money Sentiment increased to 1.08 in 2018 Q1. It has change of 0.11, from 2017Q4’s 0.97. The ratio is positive due to Steel Dynamics, Inc. positioning: 33 sold and 153 reduced. 52 funds amassed stakes and 149 increased stakes. Investors holded 188.84 million in 2017Q4 but now own 184.42 million shares or 2.34% less.
Scout Investments owns 815,587 shs for 0.87% of their capital. Atlantic Group invested in 839 shs. Benjamin F Edwards has invested 0% in Steel Dynamics, Inc. (NASDAQ:STLD). Germany-based Deutsche Comml Bank Ag has invested 0.03% in Steel Dynamics, Inc. (NASDAQ:STLD). Amalgamated Bancorporation reported 46,471 shs. Ubs Oconnor Ltd Liability accumulated 0% or 78,983 shs. Riverhead Management Ltd Liability owns 0.17% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 92,753 shs. Axa, a France-based fund reported 21,201 shs. Amer Intll Group Inc owns 0.07% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 472,153 shs. Fjarde Ap invested 0.04% in Steel Dynamics, Inc. (NASDAQ:STLD). Adams Natural Resource Fund reported 125,300 shs stake. Shell Asset Mngmt Co accumulated 12,697 shs. First Trust Limited Partnership stated it has 0.07% in Steel Dynamics, Inc. (NASDAQ:STLD). 6,968 were reported by Fulton Bancshares Na. 306,809 were accumulated by Dana Advisors Incorporated.

Steel Dynamics, Inc. had 4 insider sales and 0 insider purchases since May 31, 2018. This’s net activity of $1.24 million. BUSSE KEITH E sold $180,653 worth of Steel Dynamics, Inc. (NASDAQ:STLD) or 3,590 shs on Monday, June 11. On Thursday, May 31 $140,825 worth of Steel Dynamics, Inc. (NASDAQ:STLD) was sold by Wagler Theresa E.

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

Total analysts of 11 have positions in Steel Dynamics (NASDAQ:STLD) as follows: 7 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 64%. Since January 4, 2018 according to StockzIntelligence Inc Steel Dynamics has 17 analyst reports. The stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Thursday, June 14. On Thursday, April 19 the stock has “Buy” rating by Cowen & Co. On Wednesday, January 24 Credit Suisse maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Credit Suisse has “Outperform” rating and $53 target. On Thursday, January 4 the stock has “Buy” rating by Cowen & Co. On Tuesday, January 23 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Jefferies. On Tuesday, April 17 the stock has “Equal-Weight” rating by Morgan Stanley. On Thursday, March 29 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Deutsche Bank. On Wednesday, January 24 Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) with “Buy” rating. The stock rating was maintained by Jefferies with “Buy” on Tuesday, January 9. In Tuesday, January 23 report BMO Capital Markets maintained it with “Buy” rating and $55.0 target. Listed here are Steel Dynamics, Inc. (NASDAQ:STLD) PTs and latest ratings.

14/06/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Sector Weight Downgrade
12/06/2018 Broker: Credit Suisse Rating: Hold New Target: $55.0000 Downgrade
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

STLD is touching $46.64 during the last trading session, after decreased 0.55%.Currently Steel Dynamics, Inc. is uptrending after 43.55% change in last June 27, 2017. STLD has also 287,352 shares volume. STLD outperformed by 30.98% the S&P500.

Steel Dynamics, Inc., together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the United States and internationally.The company has $11.00 billion market cap. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.13.33 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.

There’s a significant Steel Dynamics, Inc. (NASDAQ:STLD) news brought out by Seekingalpha.com. It’s an article titled: “Steel Dynamics +3% after issuing above-consensus Q2 earnings view” on June 15, 2018.

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

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