Regency Centers (REG) At $58.85 Forms Bottom; Nucor Has 0.93 Sentiment

Regency Centers Corporation (NYSE:REG) Logo

Regency Centers Corporation (REG) formed multiple bottom with $54.73 target or 7.00% below today’s $58.85 share price. Regency Centers Corporation (REG) has $9.99 billion valuation. The stock increased 0.12% or $0.07 during the last trading session, reaching $58.85. About 1.35 million shares traded or 16.00% up from the average. Regency Centers Corporation (NYSE:REG) has declined 14.09% since May 1, 2017 and is downtrending. It has underperformed by 25.64% the S&P500.

Nucor Corp (NUE) investors sentiment increased to 0.93 in Q4 2017. It’s up 0.04, from 0.89 in 2017Q3. The ratio increased, as 265 institutional investors started new and increased equity positions, while 284 sold and reduced their stakes in Nucor Corp. The institutional investors in our database now own: 244.43 million shares, up from 232.46 million shares in 2017Q3. Also, the number of institutional investors holding Nucor Corp in top ten equity positions increased from 4 to 8 for an increase of 4. Sold All: 53 Reduced: 231 Increased: 173 New Position: 92.

Since January 1, 0001, it had 0 insider purchases, and 5 selling transactions for $6.97 million activity.

The stock decreased 0.66% or $0.41 during the last trading session, reaching $61.62. About 2.29M shares traded. Nucor Corporation (NUE) has risen 1.23% since May 1, 2017 and is uptrending. It has underperformed by 10.32% the S&P500.

Rr Partners Lp holds 6.54% of its portfolio in Nucor Corporation for 1.55 million shares. Wilsey Asset Management Inc owns 125,336 shares or 4.47% of their US portfolio. Moreover, 3G Capital Partners Lp has 3.62% invested in the company for 1.00 million shares. The New York-based Palestra Capital Management Llc has invested 3.08% in the stock. Bw Gestao De Investimentos Ltda., a Brazil-based fund reported 325,000 shares.

Ratings analysis reveals 71% of Nucor’s analysts are positive. Out of 7 Wall Street analysts rating Nucor, 5 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $55.0 while the high is $67.0. The stock’s average target of $61 is -1.01% below today’s ($61.62) share price. NUE was included in 7 notes of analysts from August 22, 2016. Morgan Stanley upgraded the shares of NUE in report on Monday, February 13 to “Overweight” rating. The company was upgraded on Monday, January 9 by KeyBanc Capital Markets. The firm earned “Underperform” rating on Tuesday, November 29 by Macquarie Research. The stock of Nucor Corporation (NYSE:NUE) has “Buy” rating given on Wednesday, November 2 by Berenberg. Citigroup initiated the stock with “Neutral” rating in Monday, August 22 report. The company was upgraded on Wednesday, November 9 by Bank of America. The company was maintained on Monday, February 6 by Barclays Capital.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. The company has market cap of $19.60 billion. It operates in three divisions: Steel Mills, Steel Products, and Raw Materials. It has a 15.04 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.

Among 21 analysts covering Regency Centers Corporation (NYSE:REG), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Regency Centers Corporation has $520 highest and $60 lowest target. $94.91’s average target is 61.27% above currents $58.85 stock price. Regency Centers Corporation had 68 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, August 22 report. SunTrust upgraded Regency Centers Corporation (NYSE:REG) on Friday, January 20 to “Buy” rating. Zacks downgraded Regency Centers Corporation (NYSE:REG) on Thursday, September 3 to “Hold” rating. The rating was maintained by Jefferies on Monday, July 17 with “Buy”. The firm has “Equal-Weight” rating given on Friday, August 14 by Barclays Capital. Zacks upgraded the shares of REG in report on Friday, August 14 to “Hold” rating. RBC Capital Markets maintained it with “Buy” rating and $7000 target in Thursday, August 3 report. The firm has “Neutral” rating given on Friday, August 12 by Citigroup. The company was maintained on Wednesday, August 17 by Deutsche Bank. The firm earned “Top Pick” rating on Friday, August 5 by RBC Capital Markets.

Regency Centers Corporation (NYSE:REG) Institutional Positions Chart