Caxton Associates LP Stake in Nucor Corp (NUE) Increased by $7.13 Million as Shares Declined

Nucor Corporation (NYSE:NUE) Corporate LogoBig Money Sentiment increased to 1.22 in Q2 2018. It has change of 0.32, from 2018Q1’s 0.9. The ratio is positive due to NUE positioning: 36 sold and 199 reduced. 72 funds took positions and 214 increased positions. Investors holded 242.18 million in 2018Q1 but now own 239.36 million shares or 1.17% less. Voya Investment Lc accumulated 0.09% or 640,135 shs. Commonwealth Comml Bank Of Australia owns 0.03% invested in Nucor Corporation (NYSE:NUE) for 43,027 shs. Hightower Advsr Ltd Liability holds 0.03% or 62,604 shs in its capital. 183,900 were reported by Virginia Retirement System Et Al. 47,350 are owned by Bonness Enter. Kentucky Retirement reported 0.09% stake. Mader & Shannon Wealth Mgmt Incorporated has invested 4.78% in Nucor Corporation (NYSE:NUE). Cwm Ltd Company accumulated 727 shs or 0% of the stock. Fmr Ltd Liability holds 2.64M shs. 137,231 are held by Dekabank Deutsche Girozentrale. Liberty Mutual Grp Asset invested in 12,715 shs. Advisory Svcs Ntwk Ltd Liability Co holds 0.08% of its capital in Nucor Corporation (NYSE:NUE) for 15,983 shs. Tci Wealth holds 0.06% of its capital in Nucor Corporation (NYSE:NUE) for 2,000 shs. Luminus reported 3.05% stake. 300,000 are owned by 3G Capital Ptnrs Limited Partnership.

NUE registered $16.84 million net activity with 0 insider purchases and 7 insider sales since June 21, 2018. FERRIOLA JOHN J sold 14,607 shs worth $996,928. On Monday, July 23 $4.94M worth of stock was sold by HALL LADD R. On Monday, July 23 a trade for 39,920 shs valued at $2.66 million was made by Stratman Robert J. Topalian Leon J had sold 3,115 shs worth $202,411. $3.42 million worth of stock was sold by Sumoski David A on Monday, July 23. On Tuesday, July 24 Utermark D. Chad had sold 53,483 shs worth $3.66 million.

According to 2018Q2 Securities and Exchange filling the Caxton Associates Lp rose its holdings in Nucor Corp (NUE) by 109.52%. 115,000 shares were bought by Caxton Associates Lp as the company’s stock declined 4.81% while stock markets rallied. The steel and iron ore company at the end of 2018Q2 was valued at $13.75 million. It’s up from 105,000 at the end of the previous reported quarter. Now it had 220,000 shares held by the hedge fund . $19.86B is Nucor Corp’s market cap. NUE touched $62.78 during the last trading session after $1.34 change.Nucor Corporation has 3.22M shares volume, 24.31% up from normal. NUE is uptrending and has moved 18.85% since November 10, 2017. NUE outperformed the S&P500 by 3.23%.

According to a filing the Caxton Associates Lp’s stake in Spdr S&P 500 Etf Tr (Call) (SPY) was reduced by 85,000 shares to 15,000 shares valued at $4.07 million in 2018Q2. It manages about $10.75 billion and $1.98B US Long portfolio. For a total of 150,000 shares it reduced its holding in Suncor Energy Inc New (NYSE:SU) by 212,000 shares in the quarter, and has cut its stake in Ishares Tr (Call) (HYG).

Nucor Corporation (NYSE:NUE) Ratings Coverage

In total 6 analysts cover Nucor (NYSE:NUE). “Buy” rating has 4, “Sell” are 0, while 2 are “Hold”. 67% are bullish. 6 are the (NYSE:NUE)’s analyst reports since May 17, 2018 according to StockzIntelligence Inc. On Friday, October 19 the firm earned “Market Perform” rating by BMO Capital Markets. On Monday, October 15 the company was downgraded by Credit Suisse. The company rating was upgraded by Macquarie Research on Thursday, May 17. On Friday, October 19 the firm has “Buy” rating given by Citigroup. On Tuesday, July 24 KeyBanc Capital Markets upgraded the shares of NUE in report to “Overweight” rating.

Nucor Corporation (NYSE:NUE) Institutional Investors Chart

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