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Trafelet Brokaw Capital Management LP Stake in Golar Lng LTD Bermuda (GLNG) Lowered by $3.08 Million; Cincinnati Insurance Company Has Cut Its Nucor (NUE) Stake by $1.68 Million as Stock Declined

Cincinnati Insurance Company decreased its stake in Nucor Corp (NUE) by 3.17% based on its latest 2017Q3 regulatory filing with the SEC. Cincinnati Insurance Company sold 30,000 shares as the company’s stock declined 11.33% while stock markets rallied. The institutional investor held 915,512 shares of the steel and iron ore company at the end of 2017Q3, valued at $51.31M, down from 945,512 at the end of the previous reported quarter. Cincinnati Insurance Company who had been investing in Nucor Corp for a number of months, seems to be less bullish one the $21.65 billion market cap company. The stock decreased 0.63% or $0.43 during the last trading session, reaching $68.11. About 1.97M shares traded. Nucor Corporation (NYSE:NUE) has risen 21.74% since February 20, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Remy Trafelet decreased its stake in Golar Lng Ltd Bermuda (GLNG) by 16.72% based on its latest 2017Q3 regulatory filing with the SEC. Trafelet Brokaw Capital Management Lp sold 140,028 shares as the company’s stock rose 4.44% with the market. The hedge fund run by Remy Trafelet held 697,556 shares of the marine transportation company at the end of 2017Q3, valued at $15.77M, down from 837,584 at the end of the previous reported quarter. Trafelet Brokaw Capital Management Lp who had been investing in Golar Lng Ltd Bermuda for a number of months, seems to be less bullish one the $2.82B market cap company. The stock increased 0.16% or $0.045 during the last trading session, reaching $27.905. About 238,811 shares traded. Golar LNG Limited (NASDAQ:GLNG) has risen 61.34% since February 20, 2017 and is uptrending. It has outperformed by 44.64% the S&P500.

Cincinnati Insurance Company, which manages about $3.35 billion US Long portfolio, upped its stake in Western Gas Partners Lp (NYSE:WES) by 12,726 shares to 56,828 shares, valued at $2.91 million in 2017Q3, according to the filing. It also increased its holding in Enterprise Products Partners (NYSE:EPD) by 20,767 shares in the quarter, for a total of 267,497 shares, and has risen its stake in Williams Partners Mlp (ACMP).

Among 19 analysts covering Nucor Corporation (NYSE:NUE), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Nucor Corporation had 80 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Buy” on Monday, December 5. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, February 6. The firm has “Buy” rating by Deutsche Bank given on Wednesday, July 6. The stock of Nucor Corporation (NYSE:NUE) has “Hold” rating given on Thursday, October 19 by KeyBanc Capital Markets. The company was maintained on Monday, October 23 by Cowen & Co. Credit Suisse maintained it with “Neutral” rating and $45 target in Wednesday, March 23 report. The firm has “Buy” rating by Bank of America given on Friday, October 20. The stock of Nucor Corporation (NYSE:NUE) has “Buy” rating given on Monday, January 8 by Bank of America. Credit Suisse maintained Nucor Corporation (NYSE:NUE) on Friday, October 20 with “Outperform” rating. On Monday, October 5 the stock rating was upgraded by Deutsche Bank to “Buy”.

Since September 19, 2017, it had 0 insider buys, and 4 selling transactions for $2.51 million activity. $537,659 worth of Nucor Corporation (NYSE:NUE) was sold by Utermark D. Chad on Friday, October 27. $137,912 worth of stock was sold by HAYNES VICTORIA F on Tuesday, September 19.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.35, from 1.24 in 2017Q2. It dropped, as 62 investors sold NUE shares while 223 reduced holdings. 59 funds opened positions while 196 raised stakes. 232.46 million shares or 1.40% less from 235.76 million shares in 2017Q2 were reported. Federated Inc Pa holds 0.05% of its portfolio in Nucor Corporation (NYSE:NUE) for 316,887 shares. Plante Moran Finance Advisors Lc has invested 0.01% of its portfolio in Nucor Corporation (NYSE:NUE). Security State Bank Of Sioux City Iowa Ia owns 1.24% invested in Nucor Corporation (NYSE:NUE) for 22,670 shares. Lord Abbett Limited Liability Com invested 0.11% in Nucor Corporation (NYSE:NUE). Lpl Fin Lc invested in 110,744 shares or 0.02% of the stock. Spectrum Management Gp invested 0.01% in Nucor Corporation (NYSE:NUE). Comml Bank Of Montreal Can invested in 320,930 shares. Mutual Of America Management Limited Company invested 0.07% of its portfolio in Nucor Corporation (NYSE:NUE). Endurance Wealth Management reported 0% of its portfolio in Nucor Corporation (NYSE:NUE). Trust Of Vermont stated it has 0.03% of its portfolio in Nucor Corporation (NYSE:NUE). Kcm Invest Advsrs Ltd Liability accumulated 7,568 shares. Patten invested 0.03% in Nucor Corporation (NYSE:NUE). New York State Common Retirement Fund has 0.05% invested in Nucor Corporation (NYSE:NUE). Farmers Communications reported 70,407 shares stake. Reilly Finance Advsr Limited Com invested 0.01% in Nucor Corporation (NYSE:NUE).

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