Nucor (NUE) At $60.38 Forms Bottom; 13 Analysts Are Bullish Lockheed Martin (LMT) Last Week

Nucor Corporation (NUE) formed multiple bottom with $57.96 target or 4.00% below today’s $60.38 share price. Nucor Corporation (NUE) has $19.20 billion valuation. The stock decreased 4.04% or $2.54 during the last trading session, reaching $60.38. About 3.36 million shares traded or 12.96% up from the average. Nucor Corporation (NYSE:NUE) has risen 21.74% since February 9, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Among 23 analysts covering Lockheed Martin Corporation (NYSE:LMT), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Lockheed Martin Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Wednesday, August 19. The firm earned “Hold” rating on Sunday, October 8 by RBC Capital Markets. The company was maintained on Monday, January 29 by Jefferies. The firm earned “Buy” rating on Friday, October 27 by Bank of America. Drexel maintained Lockheed Martin Corporation (NYSE:LMT) rating on Wednesday, October 21. Drexel has “Buy” rating and $229 target. The rating was maintained by RBC Capital Markets on Tuesday, July 18 with “Hold”. The stock of Lockheed Martin Corporation (NYSE:LMT) earned “Sector Perform” rating by RBC Capital Markets on Thursday, May 19. The stock has “Buy” rating by Berenberg on Thursday, March 17. On Tuesday, January 30 the stock rating was maintained by Wells Fargo with “Hold”. The rating was downgraded by Berenberg to “Hold” on Tuesday, May 31. See Lockheed Martin Corporation (NYSE:LMT) latest ratings:

05/02/2018 Broker: Buckingham Research Old Rating: Buy New Rating: Buy Old Target: $348 New Target: $403 Maintain
30/01/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $355 New Target: $400 Maintain
30/01/2018 Broker: Wells Fargo Rating: Hold New Target: $355.0 Maintain
30/01/2018 Broker: Bernstein Rating: Hold New Target: $392.0 Maintain
30/01/2018 Broker: Credit Suisse Rating: Hold New Target: $380.0 Maintain
30/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $410.0 Maintain
29/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $386.0 Maintain
29/01/2018 Broker: Jefferies Rating: Hold New Target: $370.0 Maintain
29/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $400.0 Maintain
23/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $348.0 Maintain

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.35, from 1.24 in 2017Q2. It fall, as 62 investors sold Nucor Corporation 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. Foundry Ptnrs owns 165,445 shares for 0.37% of their portfolio. Tiverton Asset Mngmt Ltd Liability Company holds 0.01% of its portfolio in Nucor Corporation (NYSE:NUE) for 2,829 shares. Segment Wealth Management Ltd Liability Com reported 4,133 shares or 0.06% of all its holdings. Everence Cap Mgmt has invested 0.13% in Nucor Corporation (NYSE:NUE). 120,000 are owned by Tudor Invest Et Al. Fny Managed Accounts Ltd Liability Com has 564 shares. Rr Partners Lp reported 1.55 million shares. Voya Inv Management Limited Liability Company, a Georgia-based fund reported 1.71M shares. Virginia Retirement Systems Et Al holds 229,400 shares. Advantus Capital Mgmt Inc owns 0.05% invested in Nucor Corporation (NYSE:NUE) for 32,128 shares. 296 are owned by Plante Moran Finance Advsr Lc. Tiaa Cref Management Limited Liability Company holds 0.06% of its portfolio in Nucor Corporation (NYSE:NUE) for 1.57M shares. Abner Herrman Brock Limited Liability Com accumulated 84,760 shares. Bb&T Secs Limited Co accumulated 0.11% or 150,799 shares. Fjarde Ap reported 45,457 shares.

Since September 19, 2017, it had 0 buys, and 3 sales for $1.59 million activity. $137,912 worth of Nucor Corporation (NYSE:NUE) was sold by HAYNES VICTORIA F on Tuesday, September 19. Utermark D. Chad had sold 9,003 shares worth $537,659. On Monday, October 23 FERRIOLA JOHN J sold $913,959 worth of Nucor Corporation (NYSE:NUE) or 15,131 shares.

Among 19 analysts covering Nucor Corporation (NYSE:NUE), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Nucor Corporation has $77.5000 highest and $38 lowest target. $67.16’s average target is 11.23% above currents $60.38 stock price. Nucor Corporation had 80 analyst reports since July 22, 2015 according to SRatingsIntel. Credit Suisse maintained Nucor Corporation (NYSE:NUE) rating on Wednesday, June 8. Credit Suisse has “Neutral” rating and $55 target. As per Monday, December 28, the company rating was initiated by Standpoint Research. Rosenblatt initiated it with “Neutral” rating and $47 target in Friday, October 16 report. Jefferies maintained Nucor Corporation (NYSE:NUE) on Wednesday, July 19 with “Buy” rating. On Tuesday, December 6 the stock rating was upgraded by Berenberg to “Buy”. As per Thursday, August 31, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Jefferies on Tuesday, October 17. The stock has “Buy” rating by Citigroup on Thursday, September 14. Credit Suisse maintained Nucor Corporation (NYSE:NUE) rating on Wednesday, March 23. Credit Suisse has “Neutral” rating and $45 target. The stock of Nucor Corporation (NYSE:NUE) has “Buy” rating given on Thursday, September 28 by Credit Suisse.

Investors sentiment increased to 1.24 in Q3 2017. Its up 0.17, from 1.07 in 2017Q2. It improved, as 43 investors sold Lockheed Martin Corporation shares while 356 reduced holdings. 110 funds opened positions while 386 raised stakes. 221.38 million shares or 1.04% less from 223.70 million shares in 2017Q2 were reported. Glenmede Na stated it has 0.12% of its portfolio in Lockheed Martin Corporation (NYSE:LMT). Epoch Inv Prtn reported 0.57% stake. Norinchukin Bankshares The holds 33,165 shares. Regions Corp owns 185,413 shares. Fiduciary accumulated 3,214 shares or 0.03% of the stock. Bailard has 0.02% invested in Lockheed Martin Corporation (NYSE:LMT) for 842 shares. Reliance Co Of Delaware reported 0.18% in Lockheed Martin Corporation (NYSE:LMT). Arrow Corporation owns 0.02% invested in Lockheed Martin Corporation (NYSE:LMT) for 299 shares. Endowment Mngmt Lp has 0.08% invested in Lockheed Martin Corporation (NYSE:LMT). Vident Inv Advisory Lc holds 0.04% in Lockheed Martin Corporation (NYSE:LMT) or 2,364 shares. Fiera Capital Corp accumulated 2,326 shares. 747 are owned by Cambridge Trust. 11,069 were accumulated by Liberty Mutual Group Incorporated Asset Management. Chevy Chase Tru Holding Inc accumulated 441,480 shares. Benjamin F Edwards And Incorporated owns 4,131 shares.

Since August 15, 2017, it had 0 insider buys, and 5 insider sales for $27.33 million activity. Ambrose Richard F sold $2.69M worth of Lockheed Martin Corporation (NYSE:LMT) on Thursday, February 1. Another trade for 19,000 shares valued at $6.59 million was made by HEWSON MARILLYN A on Monday, January 29. Another trade for 350 shares valued at $107,167 was sold by Colan Brian P. $15.21M worth of Lockheed Martin Corporation (NYSE:LMT) was sold by Tanner Bruce L. Carvalho Orlando D had sold 8,870 shares worth $2.73 million.