Nucor (NUE)’s director Victoria Haynes Sold 1800 shares of the Company; Avalon Advisors Has Increased By $1.25 Million Its Abb LTD (ABB) Position


Avalon Advisors Llc increased Abb Ltd (ABB) stake by 41.04% reported in 2017Q4 SEC filing. Avalon Advisors Llc acquired 48,141 shares as Abb Ltd (ABB)’s stock declined 12.59%. The Avalon Advisors Llc holds 165,450 shares with $4.44 million value, up from 117,309 last quarter. Abb Ltd now has $50.46B valuation. The stock decreased 0.30% or $0.07 during the last trading session, reaching $23.31. About 1.14 million shares traded. ABB Ltd (NYSE:ABB) has declined 0.51% since May 4, 2017 and is downtrending. It has underperformed by 12.06% the S&P500.

Among 15 analysts covering ABB Ltd (NYSE:ABB), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. ABB Ltd had 38 analyst reports since August 21, 2015 according to SRatingsIntel. As per Wednesday, April 20, the company rating was upgraded by JP Morgan. The stock of ABB Ltd (NYSE:ABB) has “Outperform” rating given on Friday, December 11 by RBC Capital Markets. As per Wednesday, January 17, the company rating was downgraded by Robert W. Baird. As per Wednesday, April 5, the company rating was maintained by Jefferies. The rating was maintained by Morgan Stanley with “Buy” on Wednesday, April 19. The stock has “Buy” rating by Morgan Stanley on Friday, March 24. The firm has “Buy” rating given on Tuesday, January 10 by Bank of America. The firm earned “Buy” rating on Friday, August 21 by HSBC. On Friday, October 9 the stock rating was upgraded by Jefferies to “Hold”. The firm earned “Hold” rating on Friday, August 19 by HSBC.

Avalon Advisors Llc decreased Morgan Stanley (NYSE:MS) stake by 8,568 shares to 528,621 valued at $27.74M in 2017Q4. It also reduced Verizon Communications Inc (NYSE:VZ) stake by 13,117 shares and now owns 689,051 shares. Maxim Integrated Prods Inc (NASDAQ:MXIM) was reduced too.

More recent ABB Ltd (NYSE:ABB) news were published by: which released: “ABB: Valuations Look Fair Here” on April 18, 2018. Also published the news titled: “ABB’s (ABB) CEO Ulrich Spiesshofer on Q1 2018 Results – Earnings Call Transcript” on April 19, 2018.‘s news article titled: “China’s Democracy Vs. The US Tweetocracy” with publication date: May 02, 2018 was also an interesting one.

Investors sentiment increased to 0.93 in 2017 Q4. Its up 0.04, from 0.89 in 2017Q3. It increased, as 53 investors sold Nucor Corporation shares while 231 reduced holdings. 92 funds opened positions while 173 raised stakes. 244.43 million shares or 5.15% more from 232.46 million shares in 2017Q3 were reported. 13,875 were accumulated by Old National Bancorporation In. Meeder Asset holds 12,503 shares or 0.07% of its portfolio. Legg Mason Asset Mgmt (Japan) Ltd invested 0.38% in Nucor Corporation (NYSE:NUE). Tudor Invest Corporation Et Al holds 0.01% in Nucor Corporation (NYSE:NUE) or 4,674 shares. Aviance Capital Lc owns 1,261 shares or 0.01% of their US portfolio. Profund Advisors Lc holds 0.08% or 32,691 shares in its portfolio. Cleararc Cap reported 8,072 shares or 0.07% of all its holdings. Northern Trust Corporation holds 0.09% or 5.47 million shares. Moreover, Norinchukin Bancorp The has 0.03% invested in Nucor Corporation (NYSE:NUE) for 25,419 shares. Peapack Gladstone Fin reported 0.29% of its portfolio in Nucor Corporation (NYSE:NUE). Investment Counselors Of Maryland Ltd Llc accumulated 0.07% or 20,975 shares. Sei Co holds 43,920 shares or 0.01% of its portfolio. Bluecrest Management Limited holds 0.25% or 144,191 shares. Linscomb And Williams accumulated 16,534 shares or 0.09% of the stock. Nordea Inv Ab stated it has 73,453 shares.

Victoria Haynes is the director of Nucor Corp. She not a long ago sold 1,800 shares in the North Carolina-based company with the trade value amounting to $109,646 U.S. Dollars. The number is according to the revealed price of $60.9 for every share. This unexpected sale was made on May 03, 2018 and is readily available on the Security Exchange Commission’s website. Currently, Mr. Victoria, owns 29,023 shares, which accounts for 0.01% of the company’s market cap.

The stock increased 0.38% or $0.23 during the last trading session, reaching $61.22. About 2.28M shares traded. Nucor Corporation (NYSE:NUE) has risen 1.23% since May 4, 2017 and is uptrending. It has underperformed by 10.32% the S&P500.

Since February 13, 2018, it had 0 buys, and 5 insider sales for $6.97 million activity. On Monday, February 19 the insider Frias James D sold $2.67M. $2.66 million worth of Nucor Corporation (NYSE:NUE) was sold by HALL LADD R on Monday, February 19. NAPOLITAN RAYMOND S JR also sold $520,880 worth of Nucor Corporation (NYSE:NUE) on Monday, March 19. FERRIOLA JOHN J sold $917,719 worth of stock or 14,313 shares. HAYNES VICTORIA F had sold 3,000 shares worth $207,347.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. The company has market cap of $19.47 billion. It operates in three divisions: Steel Mills, Steel Products, and Raw Materials. It has a 14.94 P/E ratio. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; structural steel products, including wide-flange beams, beam blanks, H-piling, and sheet pilings; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, wire rods, and special bar quality; and tubular and plate steel products.

Another recent and important Nucor Corporation (NYSE:NUE) news was published by which published an article titled: “Nucor Sees Further Growth Acceleration” on April 23, 2018.

Among 21 analysts covering Nucor Corporation (NYSE:NUE), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Nucor Corporation has $78 highest and $38 lowest target. $67.92’s average target is 10.94% above currents $61.22 stock price. Nucor Corporation had 83 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, December 28 by Standpoint Research. The firm has “Hold” rating given on Tuesday, January 30 by BMO Capital Markets. The stock has “Buy” rating by Citigroup on Thursday, September 14. The rating was maintained by Jefferies with “Buy” on Wednesday, September 16. The firm has “Hold” rating given on Friday, July 22 by Berenberg. The rating was initiated by Berenberg on Wednesday, October 14 with “Buy”. The rating was upgraded by Argus Research on Friday, June 24 to “Buy”. The firm has “Buy” rating by Longbow given on Wednesday, December 20. The company was maintained on Monday, December 12 by Argus Research. KeyBanc Capital Markets downgraded the shares of NUE in report on Thursday, August 17 to “Sector Weight” rating.

Nucor Corporation (NYSE:NUE) Institutional Positions Chart