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Main Street Research Upped Nucor (NUE) Position By $757,245; Nordic American Tanker (NAT) SI Decreased By 2.24%

Main Street Research Llc increased Nucor Corp (NUE) stake by 7.19% reported in 2017Q2 SEC filing. Main Street Research Llc acquired 13,285 shares as Nucor Corp (NUE)’s stock declined 11.33%. The Main Street Research Llc holds 198,005 shares with $11.46M value, up from 184,720 last quarter. Nucor Corp now has $19.13B valuation. The stock increased 2.70% or $1.58 during the last trading session, reaching $60.17. About 5.87 million shares traded or 140.40% up from the average. Nucor Corporation (NYSE:NUE) has risen 21.74% since December 9, 2016 and is uptrending. It has outperformed by 5.04% the S&P500.

Nordic American Tanker (NYSE:NAT) had a decrease of 2.24% in short interest. NAT’s SI was 15.09 million shares in December as released by FINRA. Its down 2.24% from 15.44 million shares previously. With 1.33M avg volume, 11 days are for Nordic American Tanker (NYSE:NAT)’s short sellers to cover NAT’s short positions. The SI to Nordic American Tanker’s float is 15.31%. The stock increased 2.80% or $0.1 during the last trading session, reaching $3.67. About 990,534 shares traded or 6.51% up from the average. Nordic American Tankers Limited (NYSE:NAT) has declined 48.16% since December 9, 2016 and is downtrending. It has underperformed by 64.86% the S&P500.

Main Street Research Llc decreased Gilead Sciences (NASDAQ:GILD) stake by 24,014 shares to 6,400 valued at $453,000 in 2017Q2. It also reduced General Electric Co. (NYSE:GE) stake by 170,080 shares and now owns 22,413 shares. Bard C R Inc (NYSE:BCR) was reduced too.

Among 19 analysts covering Nucor Corporation (NYSE:NUE), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Nucor Corporation had 71 analyst reports since July 22, 2015 according to SRatingsIntel. Argus Research upgraded Nucor Corporation (NYSE:NUE) rating on Friday, June 24. Argus Research has “Buy” rating and $58 target. The stock of Nucor Corporation (NYSE:NUE) has “Equal-Weight” rating given on Tuesday, September 12 by Morgan Stanley. Jefferies maintained Nucor Corporation (NYSE:NUE) on Monday, August 21 with “Buy” rating. Longbow upgraded Nucor Corporation (NYSE:NUE) on Monday, June 19 to “Buy” rating. The stock of Nucor Corporation (NYSE:NUE) earned “Overweight” rating by Barclays Capital on Monday, February 6. As per Wednesday, July 6, the company rating was upgraded by Deutsche Bank. The rating was initiated by BB&T Capital with “Buy” on Tuesday, November 24. Barclays Capital maintained the shares of NUE in report on Friday, April 21 with “Buy” rating. The company was maintained on Wednesday, March 23 by Credit Suisse. The company was initiated on Monday, August 22 by Citigroup.

Investors sentiment decreased to 1.24 in 2017 Q2. Its down 0.08, from 1.32 in 2017Q1. It turned negative, as 57 investors sold NUE shares while 200 reduced holdings. 94 funds opened positions while 224 raised stakes. 235.76 million shares or 1.71% less from 239.86 million shares in 2017Q1 were reported. Evercore Wealth Mgmt Lc stated it has 0.02% of its portfolio in Nucor Corporation (NYSE:NUE). Conning has 430,993 shares for 0.91% of their portfolio. Adirondack Trust Company invested 0.09% in Nucor Corporation (NYSE:NUE). 8,871 are owned by Com State Bank. Carlton Hofferkamp & Jenks Wealth Mgmt Limited Liability Company has invested 0.41% of its portfolio in Nucor Corporation (NYSE:NUE). Caxton Lp has invested 0% in Nucor Corporation (NYSE:NUE). Anchor Bolt Ltd Partnership stated it has 470,855 shares. Voya Mgmt Ltd Llc has invested 0.19% in Nucor Corporation (NYSE:NUE). Moreover, Thompson Davis & Inc has 0.01% invested in Nucor Corporation (NYSE:NUE) for 147 shares. Grace & White New York holds 2.66% or 210,257 shares. Reliance Trust Of Delaware holds 0.21% or 23,597 shares in its portfolio. Boltwood Management reported 15,387 shares stake. First Midwest National Bank Trust Division holds 0.24% of its portfolio in Nucor Corporation (NYSE:NUE) for 33,705 shares. United Capital Advisers Ltd Co reported 37,888 shares. Moreover, Qs Investors Ltd Company has 0.01% invested in Nucor Corporation (NYSE:NUE) for 15,472 shares.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers worldwide. The company has market cap of $374.15 million. It operates a fleet of 33 Suezmax crude oil tankers. It currently has negative earnings.

Among 9 analysts covering Nordic American Tanker Shipping (NYSE:NAT), 1 have Buy rating, 3 Sell and 5 Hold. Therefore 11% are positive. Nordic American Tanker Shipping had 22 analyst reports since August 12, 2015 according to SRatingsIntel. On Monday, August 21 the stock rating was maintained by Jefferies with “Sell”. Morgan Stanley maintained the shares of NAT in report on Wednesday, November 8 with “Equal-Weight” rating. As per Wednesday, November 16, the company rating was initiated by Wells Fargo. The stock of Nordic American Tankers Limited (NYSE:NAT) has “Sell” rating given on Monday, November 6 by Maxim Group. Evercore downgraded Nordic American Tankers Limited (NYSE:NAT) on Friday, July 21 to “Underperform” rating. The firm has “Sell” rating given on Monday, April 3 by Jefferies. Jefferies maintained it with “Underperform” rating and $8 target in Wednesday, July 27 report. The stock has “Sell” rating by Maxim Group on Monday, May 8. Maxim Group maintained the shares of NAT in report on Monday, October 23 with “Sell” rating. Seaport Global reinitiated it with “Neutral” rating and $16 target in Wednesday, May 4 report.

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