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

May 17, 2018 - By Elliot Rainer

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 grew positions while 71 funds bought positions. Funds hold 188.84 million shares thus 1.01% less from 2017Q3’s 190.76 million shares.
Glg Partners Ltd Partnership owns 81,992 shs. First Mercantile Tru Com reported 1,790 shs or 0.02% of all its holdings. Metropolitan Life Insur New York holds 0.04% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD) for 68,966 shs. 5,269 were reported by Nelson Van Denburg & Campbell Wealth Mgmt Group. Plante Moran Financial Advsr Limited Liability Co owns 208 shs. Sit Investment reported 0% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD). Kistler invested in 1,300 shs or 0.02% of the stock. Credit Agricole S A invested in 0.01% or 4,487 shs. Rothschild Asset Management reported 397,143 shs or 0.18% of all its holdings. Ontario Teachers Pension Plan Board reported 5,311 shs stake. Credit Suisse Ag owns 846,848 shs. Boston Private Wealth Ltd Liability Corporation holds 0.01% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD) for 5,206 shs. Boston accumulated 518,025 shs or 0.48% of the stock. Canada Pension Plan Investment Board holds 0.04% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD) for 487,961 shs. Brown Brothers Harriman And invested 0% of its capital in Steel Dynamics, Inc. (NASDAQ:STLD).

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

In total 12 analysts cover Steel Dynamics (NASDAQ:STLD). “Buy” rating has 10, “Sell” are 0, while 2 are “Hold”. (NASDAQ:STLD) has 83% bullish analysts. 17 are the (NASDAQ:STLD)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. In Thursday, March 29 report Deutsche Bank maintained it with “Buy” rating and $53 target. The company rating was maintained by Morgan Stanley on Tuesday, April 17. On Monday, February 5 the rating was maintained by Cowen & Co with “Buy”. On Monday, December 18 the rating was maintained by Cowen & Co with “Buy”. In Monday, January 8 report Bank of America maintained it with “Buy” rating and $51.0 target. On Wednesday, January 10 KeyBanc Capital Markets maintained the shares of STLD in report with “Buy” rating. The stock rating was maintained by Jefferies with “Buy” on Tuesday, January 23. On Wednesday, January 24 Credit Suisse maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating. Credit Suisse has “Outperform” rating and $53 target. On Tuesday, April 24 the firm has “Buy” rating given by Citigroup. The stock rating was maintained by BMO Capital Markets with “Buy” on Tuesday, January 23. 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 hit $51.38 during the last trading session after $0.44 change.Currently Steel Dynamics, Inc. is uptrending after 27.57% change in last May 17, 2017. STLD has 2.08M shares volume. STLD outperformed the S&P500 by 16.02%.

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

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

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