Market News

Bluecrest Capital Management LTD Has Boosted Steel Dynamics (STLD) Position By $3.33 Million; Aerogen (AEGN) Sentiment Is 0.99

Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure worldwide. The company has market cap of $877.90 million. It operates through three divisions: Infrastructure Solutions, Corrosion Protection, and Energy Services. It has a 19.92 P/E ratio. The firm offers various solutions for rehabilitating and maintaining aging or deteriorating infrastructure; protecting new infrastructure from corrosion; and providing integrated professional services in engineering, procurement, construction, maintenance, and turnaround services for oil companies.

Bluecrest Capital Management Ltd increased Steel Dynamics Inc (STLD) stake by 78.87% reported in 2017Q2 SEC filing. Bluecrest Capital Management Ltd acquired 95,264 shares as Steel Dynamics Inc (STLD)’s stock declined 7.91%. The Bluecrest Capital Management Ltd holds 216,054 shares with $7.74 million value, up from 120,790 last quarter. Steel Dynamics Inc now has $9.42B valuation. The stock increased 1.35% or $0.53 during the last trading session, reaching $39.74. About 2.07M shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 44.39% since December 7, 2016 and is uptrending. It has outperformed by 27.69% the S&P500.

Investors sentiment increased to 1.26 in 2017 Q2. Its up 0.19, from 1.07 in 2017Q1. It is positive, as 37 investors sold STLD shares while 134 reduced holdings. 76 funds opened positions while 139 raised stakes. 194.51 million shares or 1.42% less from 197.31 million shares in 2017Q1 were reported. Fulton Bancorporation Na owns 6,468 shares. Neuberger Berman Grp Inc Ltd Liability Corporation accumulated 72,791 shares. Pictet Asset Limited has 80,400 shares for 0.01% of their portfolio. Cetera Advisor Limited Liability Company owns 6,744 shares for 0.01% of their portfolio. Walleye Trading Lc stated it has 0.01% in Steel Dynamics, Inc. (NASDAQ:STLD). Hbk Invs Limited Partnership has 0.04% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Victory Mgmt owns 355,155 shares or 0.03% of their US portfolio. Laurion Cap Mgmt LP owns 85,153 shares for 0.02% of their portfolio. 276,783 are held by Investec Asset Management Ltd. Great West Life Assurance Can accumulated 413,617 shares. Etrade Cap Management Lc reported 5,905 shares stake. 107 are owned by Howe And Rusling. Toronto Dominion National Bank has 2,979 shares. Palisades Hudson Asset Management Limited Partnership owns 7,582 shares. Comerica Savings Bank has 0.05% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 190,106 shares.

Bluecrest Capital Management Ltd decreased Bio Rad Labs Inc (NYSE:BIO) stake by 56,021 shares to 131,851 valued at $29.84M in 2017Q2. It also reduced Price T Rowe Group Inc (NASDAQ:TROW) stake by 48,151 shares and now owns 19,169 shares. Enbridge Inc (NYSE:ENB) was reduced too.

Among 16 analysts covering Steel Dynamics Inc. (NASDAQ:STLD), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Steel Dynamics Inc. had 61 analyst reports since July 22, 2015 according to SRatingsIntel. As per Thursday, August 31, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Jefferies on Thursday, September 17. Barclays Capital maintained it with “Overweight” rating and $22.0 target in Tuesday, January 12 report. Bank of America maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Friday, July 21. Bank of America has “Buy” rating and $42 target. The stock has “Neutral” rating by Longbow on Monday, October 2. Berenberg downgraded Steel Dynamics, Inc. (NASDAQ:STLD) on Monday, November 14 to “Hold” rating. The company was maintained on Monday, July 17 by Cowen & Co. The stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Buy” rating given on Friday, June 23 by Jefferies. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, March 23. Rosenblatt downgraded the shares of STLD in report on Monday, November 14 to “Neutral” rating.

Analysts await Aegion Corporation (NASDAQ:AEGN) to report earnings on February, 27. They expect $0.23 EPS, down 47.73% or $0.21 from last year’s $0.44 per share. AEGN’s profit will be $7.48 million for 29.34 P/E if the $0.23 EPS becomes a reality. After $0.32 actual EPS reported by Aegion Corporation for the previous quarter, Wall Street now forecasts -28.13% negative EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *