Hoplite Capital Management LP Increased Steel Dynamics (STLD) Position; Suntrust Banks Lowered Its Celgene (CELG) Position

December 6, 2017 - By Hazel Jackson

Suntrust Banks Inc decreased Celgene Corp (CELG) stake by 2.28% reported in 2017Q2 SEC filing. Suntrust Banks Inc sold 23,205 shares as Celgene Corp (CELG)’s stock declined 3.49%. The Suntrust Banks Inc

holds 995,833 shares with $129.33 million value, down from 1.02M last quarter. Celgene Corp now has $79.98B valuation. The stock decreased 0.96% or $0.98 during the last trading session, reaching $101.58. About 2.53M shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since December 6, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Hoplite Capital Management Lp increased Steel Dynamics Inc (STLD) stake by 9.45% reported in 2017Q2 SEC filing. Hoplite Capital Management Lp acquired 203,807 shares as Steel Dynamics Inc (STLD)’s stock declined 7.91%. The Hoplite Capital Management Lp holds 2.36 million shares with $84.53M value, up from 2.16 million last quarter. Steel Dynamics Inc now has $9.30 billion valuation. The stock increased 1.34% or $0.52 during the last trading session, reaching $39.25. About 1.36M shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 44.39% since December 6, 2016 and is uptrending. It has outperformed by 27.69% the S&P500.

Among 16 analysts covering Steel Dynamics Inc. (NASDAQ:STLD), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Steel Dynamics Inc. had 61 analyst reports since July 22, 2015 according to SRatingsIntel. Cowen & Co maintained Steel Dynamics, Inc. (NASDAQ:STLD) on Thursday, August 31 with “Buy” rating. Barclays Capital maintained Steel Dynamics, Inc. (NASDAQ:STLD) on Wednesday, July 13 with “Overweight” rating. The company was upgraded on Wednesday, May 24 by Credit Suisse. The firm earned “Buy” rating on Wednesday, July 19 by Jefferies. Deutsche Bank maintained the shares of STLD in report on Friday, June 23 with “Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, April 19 report. On Friday, October 20 the stock rating was maintained by Bank of America with “Buy”. The firm has “Buy” rating given on Wednesday, October 4 by Jefferies. The stock of Steel Dynamics, Inc. (NASDAQ:STLD) has “Neutral” rating given on Tuesday, May 10 by Rosenblatt. Credit Suisse maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Wednesday, June 8. Credit Suisse has “Outperform” rating and $33 target.

Investors sentiment increased to 1.26 in Q2 2017. Its up 0.19, from 1.07 in 2017Q1. It is positive, as 37 investors sold STLD shares while 134 reduced holdings. 76 funds opened positions while 139 raised stakes. 194.51 million shares or 1.42% less from 197.31 million shares in 2017Q1 were reported. Sterling Capital Mngmt Ltd Liability Corporation stated it has 103,275 shares or 0.04% of all its holdings. Boston Limited Company stated it has 0.37% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). 45,423 are owned by Clinton. Kistler has invested 0.02% in Steel Dynamics, Inc. (NASDAQ:STLD). Lazard Asset Management Ltd Llc holds 0.03% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 383,415 shares. Anchor Bolt Cap Lp invested 0.63% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Moreover, Gemmer Asset Mngmt Lc has 0.01% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 503 shares. 288,502 are held by Barclays Public Ltd. Plante Moran Advsr Limited Com holds 0% or 208 shares in its portfolio. Petrus Trust Company Lta has 0.05% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Edgemoor Investment Advsr Inc holds 6,015 shares or 0.03% of its portfolio. Adirondack Trust Commerce invested 0% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Robeco Institutional Asset Management Bv holds 83,055 shares or 0.02% of its portfolio. Prudential Public Limited Company invested in 746,247 shares or 0.09% of the stock. Bw Gestao De Investimentos Ltda reported 750,350 shares.

Among 31 analysts covering Celgene Corporation (NASDAQ:CELG), 20 have Buy rating, 2 Sell and 9 Hold. Therefore 65% are positive. Celgene Corporation had 111 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $166.0 target in Thursday, October 19 report. As per Friday, June 16, the company rating was upgraded by Leerink Swann. The stock of Celgene Corporation (NASDAQ:CELG) earned “Neutral” rating by BTIG Research on Friday, June 30. The firm has “Hold” rating by JMP Securities given on Friday, October 27. The firm has “Outperform” rating by BMO Capital Markets given on Friday, October 27. The stock has “Buy” rating by Suntrust Robinson on Friday, April 29. The firm earned “Buy” rating on Wednesday, June 14 by Oppenheimer. As per Thursday, October 26, the company rating was maintained by Cowen & Co. The firm has “Buy” rating given on Thursday, September 7 by Stifel Nicolaus. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, November 17 report.

Suntrust Banks Inc increased Ishares Tr (IWV) stake by 11,611 shares to 37,469 valued at $5.40 million in 2017Q2. It also upped Boeing Co (NYSE:BA) stake by 5,219 shares and now owns 109,641 shares. Bristol Myers Squibb Co (NYSE:BMY) was raised too.

Since June 15, 2017, it had 0 buys, and 3 insider sales for $2.36 million activity. 9,250 shares were sold by CASEY MICHAEL D, worth $1.16 million on Saturday, June 17. VESSEY RUPERT had sold 4,785 shares worth $575,038. Friedman Michael A had sold 5,000 shares worth $625,000 on Saturday, June 17.

By

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

>