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

May 17, 2018 - By Megan Stone

Steel Dynamics, Inc. (NASDAQ:STLD) Corporate Logo
Big Money Sentiment increased to 0.97 in Q4 2017. It has change of 0.14, from 2017Q3’s 0.83. The ratio is positive due to Steel Dynamics, Inc. positioning: 32 sold and 158 reduced. 71 funds amassed positions and 113 increased positions. Investors holded 190.76 million in 2017Q3 but now own 188.84 million shares or 1.01% less.
13,500 are owned by Cap Assoc Ny. Tiaa Cref Invest Management Ltd Limited Liability Company has 1.01 million shs for 0.03% of their capital. Etrade Cap Ltd holds 8,801 shs or 0.01% of its capital. Fincl Bank Of Montreal Can reported 0.11% in Steel Dynamics, Inc. (NASDAQ:STLD). Blackrock reported 21.74 million shs stake. Manufacturers Life Ins The reported 393,331 shs. Captrust Financial invested 0% in Steel Dynamics, Inc. (NASDAQ:STLD). Nomura Asset Limited has 35,228 shs. State Of Tennessee Treasury Department has 0.05% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 247,606 shs. First Mercantile Com invested in 1,790 shs. State Of Wisconsin Invest Board holds 0.06% in Steel Dynamics, Inc. (NASDAQ:STLD) or 505,477 shs. 97,300 were accumulated by Renaissance Technologies Ltd Llc. Driehaus Cap Mgmt Lc has 13,953 shs for 0.02% of their capital. Leavell Mgmt accumulated 0.06% or 12,000 shs. Point72 Asset Limited Partnership accumulated 0.27% or 1.42M shs.

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

Total analysts of 12 have positions in Steel Dynamics (NASDAQ:STLD) as follows: 10 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 83%. Since December 18, 2017 according to StockzIntelligence Inc Steel Dynamics has 17 analyst reports. On Thursday, March 29 the firm has “Buy” rating given by Deutsche Bank. On Tuesday, April 17 the rating was maintained by Morgan Stanley with “Equal-Weight”. The company rating was maintained by Cowen & Co on Thursday, April 19. On Wednesday, December 20 Longbow upgraded the shares of STLD in report to “Buy” rating. On Tuesday, April 24 the firm has “Buy” rating given by Citigroup. The company rating was maintained by Bank of America on Monday, January 8. In Tuesday, January 9 report Jefferies maintained it with “Buy” rating and $53.0 target. On Wednesday, January 10 the company was maintained by KeyBanc Capital Markets. On Thursday, January 4 the stock has “Buy” rating by Cowen & Co. On Tuesday, January 23 the company was maintained by Jefferies. 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

The stock increased 0.86% or $0.44 during the last trading session, reaching $51.38.Steel Dynamics, Inc. has volume of 2.08 million shares. Since May 17, 2017 STLD has risen 27.57% and is uptrending. STLD outperformed by 16.02% 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 firm is worth $12.12 billion. The firm operates through Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Other divisions.15.29 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.

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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