Nucor (NUE) At $68.59 Forms Bottom; Balyasny Asset Management Has Upped Domtar (UFS) Stake By $38.64 Million

Balyasny Asset Management Llc increased Domtar Corp (UFS) stake by 13181.08% reported in 2017Q3 SEC filing. Balyasny Asset Management Llc acquired 898,686 shares as Domtar Corp (UFS)’s stock declined 7.81%. The Balyasny Asset Management Llc holds 905,504 shares with $39.29M value, up from 6,818 last quarter. Domtar Corp now has $3.20B valuation. It closed at $51.07 lastly. It is down 0.68% since January 26, 2017 and is downtrending. It has underperformed by 17.38% the S&P500.

Nucor Corporation (NUE) formed multiple bottom with $64.47 target or 6.00% below today’s $68.59 share price. Nucor Corporation (NUE) has $21.80 billion valuation. The stock increased 0.51% or $0.345 during the last trading session, reaching $68.585. About 301,050 shares traded. Nucor Corporation (NYSE:NUE) has risen 21.74% since January 26, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.08, from 1.25 in 2017Q2. It turned negative, as 20 investors sold UFS shares while 78 reduced holdings. 45 funds opened positions while 70 raised stakes. 55.74 million shares or 0.50% less from 56.02 million shares in 2017Q2 were reported. Peak6 Limited Partnership holds 0.01% in Domtar Corporation (NYSE:UFS) or 49,847 shares. Guggenheim Limited Liability reported 0.03% in Domtar Corporation (NYSE:UFS). Bnp Paribas Asset Mngmt Holdings has 108,500 shares. Douglass Winthrop Advisors Lc holds 0.01% or 5,636 shares in its portfolio. Pnc Finance Service Grp Inc, Pennsylvania-based fund reported 10,954 shares. M&T Savings Bank Corporation reported 0% in Domtar Corporation (NYSE:UFS). Van Eck Assoc Corp invested 0% of its portfolio in Domtar Corporation (NYSE:UFS). 474,330 are held by Wellington Mgmt Group Llp. Systematic Financial Mgmt LP has 0.38% invested in Domtar Corporation (NYSE:UFS) for 436,760 shares. Federated Pa reported 137,376 shares. Prelude Mgmt Limited Liability Company reported 1,800 shares. Cadence Capital Mgmt Limited Liability Corp holds 0.03% or 9,466 shares in its portfolio. Prudential Inc stated it has 0.03% of its portfolio in Domtar Corporation (NYSE:UFS). Synovus Financial Corporation holds 0.01% or 7,241 shares in its portfolio. 11,708 are held by Raymond James Fin Ser Advsr.

Among 15 analysts covering Domtar Corp. (NYSE:UFS), 4 have Buy rating, 3 Sell and 8 Hold. Therefore 27% are positive. Domtar Corp. had 35 analyst reports since October 15, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Monday, June 5 by IBC. Bank of America upgraded Domtar Corporation (NYSE:UFS) on Monday, October 3 to “Neutral” rating. The firm earned “Outperform” rating on Monday, May 1 by Raymond James. The firm has “Sector Perform” rating given on Friday, April 15 by National Bank Canada. The company was maintained on Sunday, July 30 by KeyBanc Capital Markets. BMO Capital Markets maintained Domtar Corporation (NYSE:UFS) on Friday, May 26 with “Hold” rating. The firm has “Hold” rating by Stephens given on Wednesday, January 10. KeyBanc Capital Markets maintained Domtar Corporation (NYSE:UFS) on Wednesday, November 15 with “Sell” rating. The company was downgraded on Friday, January 12 by RBC Capital Markets. The stock of Domtar Corporation (NYSE:UFS) has “Hold” rating given on Friday, October 13 by TD Securities.

Since August 17, 2017, it had 0 buys, and 4 selling transactions for $1.74 million activity. Williams John David sold $1.17 million worth of stock or 28,352 shares. The insider Buron Daniel sold $196,510. $171,976 worth of stock was sold by Fagan Michael on Monday, September 11. $201,344 worth of Domtar Corporation (NYSE:UFS) shares were sold by Garcia Michael Dennis.

Balyasny Asset Management Llc decreased Mohawk Industries Inc (NYSE:MHK) stake by 113,368 shares to 21,917 valued at $5.43M in 2017Q3. It also reduced Tableau Software Inc (NYSE:DATA) stake by 290,758 shares and now owns 72,537 shares. Mcdonald’s Corp (Put) (NYSE:MCD) was reduced too.

Analysts await Nucor Corporation (NYSE:NUE) to report earnings on January, 30. They expect $0.55 earnings per share, up 10.00% or $0.05 from last year’s $0.5 per share. NUE’s profit will be $174.85M for 31.18 P/E if the $0.55 EPS becomes a reality. After $0.79 actual earnings per share reported by Nucor Corporation for the previous quarter, Wall Street now forecasts -30.38% negative EPS growth.

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. $65.47’s average target is -4.54% below currents $68.585 stock price. Nucor Corporation had 75 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, December 22 by Macquarie Research. The stock of Nucor Corporation (NYSE:NUE) earned “Buy” rating by Citigroup on Thursday, September 14. Jefferies maintained the shares of NUE in report on Tuesday, October 17 with “Buy” rating. Bank of America upgraded the stock to “Buy” rating in Wednesday, November 9 report. BB&T Capital initiated the shares of NUE in report on Tuesday, November 24 with “Buy” rating. The firm earned “Buy” rating on Friday, April 21 by Barclays Capital. The firm has “Buy” rating given on Monday, June 19 by Longbow. The rating was maintained by Jefferies on Tuesday, January 9 with “Buy”. Credit Suisse maintained Nucor Corporation (NYSE:NUE) on Wednesday, June 8 with “Neutral” rating. The stock of Nucor Corporation (NYSE:NUE) has “Hold” rating given on Wednesday, April 13 by Standpoint Research.

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