Steel Dynamics, Inc. (NASDAQ:STLD) Analyst Ratings as of May 17, 2018

May 17, 2018 - By Fidelia Bagby

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
During Q4 2017 the big money sentiment increased to 0.97. That’s change of 0.14, from 2017Q3’s 0.83. 32 investors sold all, 158 reduced holdings as Steel Dynamics, Inc. ratio increased. 113 rose stakes while 71 funds took stakes. Funds hold 188.84 million shares thus 1.01% less from 2017Q3’s 190.76 million shares.
Moreover, Fil Ltd has 0% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 40,315 shs. Clearbridge Ltd Liability holds 0% or 600 shs in its capital. Mitsubishi Ufj Trust Bk invested in 604,726 shs. Credit Agricole S A owns 4,487 shs or 0.01% of their US capital. Steadfast Cap Management Lp reported 4.57M shs. Brandywine Inv Management Limited Liability Com accumulated 267,784 shs or 0.07% of the stock. Bnp Paribas Asset Mgmt Holdings reported 0.03% in Steel Dynamics, Inc. (NASDAQ:STLD). Panagora Asset reported 0.02% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Trexquant Investment L P reported 25,204 shs. Secor Advsrs Limited Partnership invested 0.39% in Steel Dynamics, Inc. (NASDAQ:STLD). Maverick, Texas-based fund reported 148,610 shs. Wells Fargo And Co Mn reported 0.02% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Raymond James Associates, a Florida-based fund reported 608,362 shs. Commerzbank Aktiengesellschaft Fi accumulated 11,623 shs. Louisiana State Employees Retirement Systems holds 0.12% in Steel Dynamics, Inc. (NASDAQ:STLD) or 60,000 shs.

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

A total of 12 analysts rate Steel Dynamics (NASDAQ:STLD) as follows: 10 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 83% are bullish. (NASDAQ:STLD) has 17 ratings reports on May 17, 2018 according to StockzIntelligence. On Monday, January 8 Bank of America maintained Steel Dynamics, Inc. (NASDAQ:STLD) with “Buy” rating. On Thursday, April 19 the firm earned “Buy” rating by Cowen & Co. On Tuesday, January 9 the company was maintained by Jefferies. On Thursday, March 29 the firm has “Buy” rating by Deutsche Bank given. On Tuesday, April 17 the company was maintained by Morgan Stanley. The stock rating was maintained by Citigroup with “Buy” on Tuesday, April 24. On Monday, February 5 Cowen & Co maintained the shares of STLD in report with “Buy” rating. On Tuesday, January 23 the firm has “Buy” rating given by BMO Capital Markets. On Tuesday, January 23 the stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given by Jefferies. The company rating was maintained by Cowen & Co on Wednesday, January 24. Listed here are Steel Dynamics, Inc. (NASDAQ:STLD) PTs and latest ratings.

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
23/01/2018 Broker: Jefferies Rating: Buy New Target: $54.0 Maintain
23/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $55.0 Maintain

STLD is touching $51.38 during the last trading session, after increased 0.86%.Steel Dynamics, Inc. has volume of 2.08M shares. Since May 17, 2017 STLD has risen 27.57% and is uptrending. STLD outperformed by 16.02% the S&P 500.

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 $12.12 billion market cap. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.The P/E ratio is 15.29. 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.

More recent Steel Dynamics, Inc. (NASDAQ:STLD) news were released by Seekingalpha.com, Themiddlemarket.com and Streetinsider.com. The first one has “Steel Dynamics reports strong Q1 results” as a title and was released on April 19, 2018. The next is “M&A daily wrap: Stephen Feinberg, Cerberus, Trump’s Intelligence Advisory Board, Tyson Foods” on May 15, 2018. And last was released on May 14, 2018, called “Steel Dynamics (STLD) to Acquire CSN Heartland Flat Roll Operations for $400M”.

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

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