StockNews.com 将纽柯（纽约证券交易所代码：NUE）上调至 “买入”_新浪财经

Nucor (NYSE:NUE – Get Rating) was upgraded by stock analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued on Wednesday.

NUE has been the subject of several other research reports. UBS Group increased their target price on shares of Nucor from $120.00 to $145.00 and gave the stock a "neutral" rating in a report on Tuesday, December 6th. Morgan Stanley raised their price objective on Nucor from $113.00 to $122.00 and gave the company an "equal weight" rating in a report on Monday, January 30th. Bank of America began coverage on Nucor in a report on Wednesday, January 4th. They set a "buy" rating and a $172.00 target price on the stock. Credit Suisse Group raised their price target on Nucor from $140.00 to $156.00 and gave the company an "outperform" rating in a research note on Friday, March 17th. Finally, The Goldman Sachs Group upped their price objective on Nucor from $144.00 to $161.00 and gave the stock a "neutral" rating in a research note on Friday, March 10th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $153.44.

Get

Nucor

alerts:

Nucor Trading Up 1.4 %

Shares of NYSE NUE opened at $145.53 on Wednesday. Nucor has a twelve month low of $100.13 and a twelve month high of $187.90. The stock has a market cap of $36.66 billion, a price-to-earnings ratio of 5.07 and a beta of 1.56. The company has a quick ratio of 2.13, a current ratio of 3.39 and a debt-to-equity ratio of 0.34. The company's fifty day moving average is $161.27 and its 200-day moving average is $144.73.

Nucor (NYSE:NUE – Get Rating) last released its quarterly earnings data on Thursday, January 26th. The basic materials company reported $4.89 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.71. Nucor had a return on equity of 42.03% and a net margin of 18.33%. The business had revenue of $8.72 billion for the quarter, compared to analysts' expectations of $8.54 billion. During the same quarter in the previous year, the business posted $7.97 EPS. Nucor's revenue for the quarter was down 15.8% on a year-over-year basis. Equities research analysts predict that Nucor will post 14.75 EPS for the current year.

Insider Buying and Selling at Nucor

In other Nucor news, EVP Kenneth Rex Query sold 1,962 shares of Nucor stock in a transaction dated Friday, February 3rd. The stock was sold at an average price of $177.99, for a total transaction of $349,216.38. Following the completion of the transaction, the executive vice president now owns 74,138 shares in the company, valued at approximately $13,195,822.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Kenneth Rex Query sold 1,962 shares of the business's stock in a transaction that occurred on Friday, February 3rd. The stock was sold at an average price of $177.99, for a total value of $349,216.38. Following the transaction, the executive vice president now owns 74,138 shares in the company, valued at approximately $13,195,822.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Allen C. Behr sold 2,613 shares of the company's stock in a transaction that occurred on Wednesday, February 1st. The shares were sold at an average price of $168.00, for a total value of $438,984.00. Following the completion of the transaction, the executive vice president now owns 57,121 shares in the company, valued at approximately $9,596,328. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,575 shares of company stock worth $1,630,000. Insiders own 0.46% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its holdings in shares of Nucor by 127,059.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 155,232,061 shares of the basic materials company's stock worth $20,461,138,000 after purchasing an additional 155,109,984 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Nucor by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,235,900 shares of the basic materials company's stock worth $690,181,000 after purchasing an additional 21,579 shares during the period. Morgan Stanley grew its position in Nucor by 30.0% in the fourth quarter. Morgan Stanley now owns 4,247,626 shares of the basic materials company's stock worth $559,880,000 after acquiring an additional 979,824 shares in the last quarter. Invesco Ltd. grew its position in Nucor by 11.3% in the first quarter. Invesco Ltd. now owns 1,738,793 shares of the basic materials company's stock worth $258,471,000 after acquiring an additional 176,738 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Nucor by 11.9% in the third quarter. Price T Rowe Associates Inc. MD now owns 1,456,784 shares of the basic materials company's stock worth $155,862,000 after acquiring an additional 154,744 shares in the last quarter. Institutional investors own 78.33% of the company's stock.

Nucor Company Profile

(Get Rating)

Nucor Corp. engages in the manufacturing of steel and steel products. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment consists of carbon and alloy steel in sheet, bars, structural and plate, steel trading businesses, rebar distribution businesses, and Nucor's equity method investments.