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New York State Common Retirement Fund lowered its position in Nucor Co. (NYSE:NUE – Free Report) by 13.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 164,178 shares of the basic materials company’s stock after selling 24,507 shares during the quarter. New York State Common Retirement Fund’s holdings in Nucor were worth $28,574,000 […]
GAMMA Investing LLC purchased a new stake in Nucor Co. (NYSE:NUE – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,608 shares of the basic materials company’s stock, valued at approximately $301,000. A number of other large investors also recently modified their […]
GAMMA Investing LLC acquired a new position in shares of Nucor Co. (NYSE:NUE – Free Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 1,608 shares of the basic materials company’s stock, valued at approximately $301,000. Several other hedge funds and other institutional investors have also recently modified their holdings of NUE. Criterion Capital […]
Nucor Corporation announced increased first quarter earnings Tuesday, when compared to the fourth quarter of last year. Leon Topalian, Nucor's chair, president and chief executive officer, said steel mills segment earnings in the first quarter of 2024 increased from the fourth quarter of 2023, primarily due to higher average selling prices and increased volumes, particularly at its sheet mills. Toplian said Nucor's capital spending will increase with investments continuing at the West Virginia sheet mill, Brandenburg, Kentucky plate mill and micro mill bar projects in North Carolina and Arizon...
Nucor (NYSE:NUE – Get Free Report) had its price objective cut by analysts at JPMorgan Chase & Co. from $195.00 to $190.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target indicates […]