Rothschild Investment Corp IL boosted its stake in shares of Nucor Co. (NYSE:NUE) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 135,295 shares of the basic materials company’s stock after purchasing an additional 1,000 shares during the period. Rothschild Investment Corp IL’s holdings in Nucor were worth $8,602,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mckinley Capital Management LLC Delaware purchased a new position in Nucor during the second quarter worth approximately $100,000. Krilogy Financial LLC raised its stake in Nucor by 4,594.6% during the second quarter. Krilogy Financial LLC now owns 1,737 shares of the basic materials company’s stock worth $101,000 after purchasing an additional 1,700 shares during the period. Sun Life Financial INC raised its stake in Nucor by 23,290.0% during the second quarter. Sun Life Financial INC now owns 2,339 shares of the basic materials company’s stock worth $135,000 after purchasing an additional 2,329 shares during the period. Benjamin F. Edwards & Company Inc. raised its stake in Nucor by 791.0% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 2,673 shares of the basic materials company’s stock worth $150,000 after purchasing an additional 2,373 shares during the period. Finally, Appleton Partners Inc. MA purchased a new position in Nucor during the fourth quarter worth approximately $204,000. 74.43% of the stock is currently owned by institutional investors.

In related news, insider Ladd R. Hall sold 17,583 shares of Nucor stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $57.94, for a total transaction of $1,018,759.02. Following the sale, the insider now owns 206,406 shares of the company’s stock, valued at approximately $11,959,163.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Robert J. Stratman sold 39,037 shares of Nucor stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $63.88, for a total transaction of $2,493,683.56. Following the sale, the executive vice president now directly owns 233,824 shares in the company, valued at approximately $14,936,677.12. The disclosure for this sale can be found here. In the last three months, insiders sold 65,623 shares of company stock worth $4,050,102. Insiders own 0.70% of the company’s stock.

A number of equities analysts have weighed in on NUE shares. Zacks Investment Research raised shares of Nucor from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Credit Suisse Group increased their price target on shares of Nucor from $63.00 to $67.00 and gave the stock an “outperform” rating in a research note on Friday, October 20th. Citigroup set a $66.00 price target on shares of Nucor and gave the stock a “buy” rating in a research note on Friday, October 20th. ValuEngine raised shares of Nucor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Jefferies Group reaffirmed a “buy” rating and set a $77.00 price target on shares of Nucor in a research note on Tuesday, January 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $68.37.

Shares of Nucor Co. (NYSE NUE) traded up $0.27 during mid-day trading on Tuesday, hitting $68.99. 2,431,700 shares of the stock were exchanged, compared to its average volume of 2,934,614. Nucor Co. has a fifty-two week low of $51.67 and a fifty-two week high of $70.48. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.12 and a current ratio of 2.11. The stock has a market cap of $21,840.00, a P/E ratio of 19.22, a PEG ratio of 1.17 and a beta of 1.58.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 9th. Stockholders of record on Friday, December 29th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Thursday, December 28th. This is an increase from Nucor’s previous quarterly dividend of $0.38. Nucor’s dividend payout ratio (DPR) is currently 42.34%.

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Nucor Company Profile

Nucor Corporation (Nucor) manufactures steel and steel products. The Company produces direct reduced iron (DRI) for use in its steel mills. It operates in three segments: steel mills, steel products and raw materials. 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).

Institutional Ownership by Quarter for Nucor (NYSE:NUE)

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