Stock Price Analysis of Nucor Corporation (NUE)

Its down 10.42% from 4.09M shares previously.

Among 19 analysts covering Nucor Corporation (NYSE:NUE), 12 have Buy rating, 0 Sell and 7 Hold. The Relative Volume value measured for Nucor Corporation stands at 1.77.

Nucor (NYSE NUE) traded down $2.14 during trading hours on Thursday, reaching $64.24. About 3.81 million shares traded or 35.99% up from the average. Fuling Global Inc. (NASDAQ:FORK) has 0.00% since January 31, 2017 and is. It has outperformed by 5.04% the S&P500.

Breton Hill Capital Ltd increased Nucor Corp (NUE) stake by 14675.33% reported in 2017Q3 SEC filing. The stock has "Buy" rating by Nomura on Friday, February 2. Flippin Bruce & Porter Inc. now owns 82,298 shares of the basic materials company's stock worth $4,612,000 after purchasing an additional 77,971 shares in the last quarter. Baidu Inc now has $85.87B valuation. The stock decreased 1.74% or $2.4321 during the last trading session, reaching $137.5879. The company has its outstanding shares of 320.1 Million. Infosys Limited (NYSE:INFY) has declined 17.92% since February 3, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. Investors of record on Friday, December 29th will be given a $0.38 dividend. The Lower end of the earnings estimate is $0.85, while the higher end of the earnings estimate is $1.47. It worsened, as 62 investors sold NUE shares while 223 reduced holdings.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock.

There are 781 institutional holders with active positions, accounting for 238.1 million shares in total. Deutsche National Bank & Trust Ag invested in 0.66% or 9.16M shares. Green Square Limited Liability Co, Tennessee-based fund reported 79,292 shares. Oregon Pub Employees Retirement Fund reported 74,643 shares.

11 analysts on average are expecting Nucor Corporation to report earnings of $1.15 per share for the current quarter. Us Bank De holds 0.02% or 109,491 shares in its portfolio. Destination Wealth holds 196,500 shares. This is an increase from Nucor's previous quarterly dividend of $0.38. Northeast Financial Consultants Inc has invested 0.17% in Nucor Corporation (NYSE:NUE). Homrich And Berg has 3,873 shares. Louisiana State Employees Retirement Sys accumulated 0.05% or 19,900 shares. Tnb Financial stated it has 0.03% in Nucor Corporation (NYSE:NUE). Grassi Inv Mngmt invested in 0.73% or 76,950 shares. 25,107 were accumulated by Piedmont Advsr Lc. Loring Wolcott & Coolidge Fiduciary Advsrs Limited Liability Partnership Ma has invested 0% in Nucor Corporation (NYSE:NUE). This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.

Ratings analysis reveals 63% of Nucor Corporation's analysts are positive. Nucor Corporation had 75 analyst reports since July 22, 2015 according to SRatingsIntel. Nucor presently has a consensus rating of "Buy" and an average price target of $69.37. The firm has "Buy" rating given on Wednesday, October 11 by Cowen & Co. As per Monday, November 14, the company rating was downgraded by Berenberg. Citigroup maintained Nucor Corporation (NYSE:NUE) rating on Friday, October 20. The stock of Nucor Corporation (NYSE:NUE) has "Overweight" rating given on Tuesday, January 12 by Barclays Capital. The rating was downgraded by Alembic to "Underweight" on Friday, July 21. On Friday, October 13 the stock rating was maintained by Jefferies with "Hold". Zacks Investment Research raised Nucor from a "sell" rating to a "hold" rating in a report on Thursday, November 9th.

Nucor Corporation (Nucor) manufactures steel and steel products. Professional Advisory Services Inc who had been investing in Disney (The Walt) Co. for a number of months, seems to be bullish on the $163.75 billion market cap company. It operates in three divisions: Steel Mills, Steel Products, and Raw Materials. The PE ratio of 18.47 helps investors explore how much they should pay for a stock based on its current earnings. The steel mills segment produces and distributes sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar, wire rod and special bar quality).

By looking at the Volatility of the company, Week Volatility is at 3.01%, whereas Month Volatility stands at 1.81%. FERRIOLA JOHN J sold $913,959 worth of stock or 15,131 shares. The company was maintained on Friday, October 27 by Jefferies. The stock price of NUE is moving down from its 20 days moving average with -2.19% and isolated positively from 50 days moving average with 6.14%.

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