As Steel Dynamics (STLD) Shares Declined, Steadfast Capital Management LP Has Increased Holding by $789,922; Horseman Capital Management LTD Continues to Hold Holding in Netflix (NFLX)

February 15, 2018 - By Marie Mckinney

Robert Pitts increased its stake in Steel Dynamics Inc (STLD) by 0.78% based on its latest 2017Q3 regulatory filing with the SEC. Steadfast Capital Management Lp bought 23,233 shares as the company’s stock declined 7.91% while stock markets rallied. The hedge fund run by Robert Pitts held 3.01 million shares of the basic industries company at the end of 2017Q3, valued at $103.60M, up from 2.98M at the end of the previous reported quarter. Steadfast Capital Management Lp who had been investing in Steel Dynamics Inc for a number of months, seems to be bullish on the $10.91 billion market cap company. The stock decreased 1.62% or $0.76 during the last trading session, reaching $46.03. About 907,371 shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 44.39% since February 15, 2017 and is uptrending. It has outperformed by 27.69% the S&P500.

John Horseman increased its stake in Netflix Inc (NFLX) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Horseman Capital Management Ltd bought 3,000 shares as the company’s stock rose 10.41% with the market. The hedge fund run by John Horseman held 9,000 shares of the consumer services company at the end of 2017Q3, valued at $1.63M, up from 6,000 at the end of the previous reported quarter. Horseman Capital Management Ltd who had been investing in Netflix Inc for a number of months, seems to be bullish on the $118.93B market cap company. The stock increased 3.03% or $8.06 during the last trading session, reaching $274.06. About 5.73M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 15, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Investors sentiment decreased to 0.83 in Q3 2017. Its down 0.43, from 1.26 in 2017Q2. It dived, as 50 investors sold STLD shares while 146 reduced holdings. 40 funds opened positions while 123 raised stakes. 190.76 million shares or 1.92% less from 194.51 million shares in 2017Q2 were reported. Boston Advsr Lc invested in 0.35% or 448,895 shares. Assetmark has invested 0% in Steel Dynamics, Inc. (NASDAQ:STLD). Fulton Retail Bank Na accumulated 0.02% or 6,400 shares. First Trust LP reported 0.04% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Redwood Lc reported 1.28% stake. Cadence Cap Mgmt Limited Liability Corp accumulated 59,820 shares. Hightower Advisors Limited Company holds 5,953 shares. Public Employees Retirement Sys Of Ohio has invested 0.04% in Steel Dynamics, Inc. (NASDAQ:STLD). Adams Natural Resource Fund reported 133,900 shares or 0.71% of all its holdings. Mackenzie Finance reported 111,888 shares or 0.02% of all its holdings. M&T Bank has 19,927 shares. Korea holds 0.11% or 681,300 shares. Schwab Charles Investment Mgmt Inc holds 0.02% or 814,514 shares. Hbk Limited Partnership has 73,673 shares for 0.02% of their portfolio. Pointstate LP holds 0.09% or 293,967 shares.

Among 16 analysts covering Steel Dynamics Inc. (NASDAQ:STLD), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Steel Dynamics Inc. had 72 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Monday, July 17. The firm has “Buy” rating given on Wednesday, January 13 by Jefferies. The company was maintained on Thursday, August 13 by Deutsche Bank. The firm has “Buy” rating given on Thursday, January 4 by Cowen & Co. Deutsche Bank maintained Steel Dynamics, Inc. (NASDAQ:STLD) rating on Monday, December 5. Deutsche Bank has “Buy” rating and $42 target. On Friday, October 20 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. The stock of Steel Dynamics, Inc. (NASDAQ:STLD) earned “Buy” rating by Nomura on Monday, December 14. Rosenblatt downgraded the stock to “Neutral” rating in Monday, March 14 report. The firm has “Outperform” rating by Credit Suisse given on Wednesday, May 24. As per Thursday, January 12, the company rating was downgraded by Credit Suisse.

Steadfast Capital Management Lp, which manages about $8.17B and $6.46 billion US Long portfolio, decreased its stake in Dollar Tree Inc (NASDAQ:DLTR) by 308,203 shares to 839,757 shares, valued at $72.91M in 2017Q3, according to the filing. It also reduced its holding in Quintiles Ims Holdings Inc (NYSE:Q) by 151,915 shares in the quarter, leaving it with 1.25M shares, and cut its stake in Trivago N V.

Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.10, from 1.22 in 2017Q2. It fall, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. Miles Cap Inc, a Iowa-based fund reported 1,282 shares. Bb&T Secs Llc reported 0.03% in Netflix, Inc. (NASDAQ:NFLX). Coldstream Cap holds 0.03% or 1,333 shares. Huntington Bank invested 0.29% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Reilly Advsr Ltd Liability holds 1,140 shares. Omega has 0.46% invested in Netflix, Inc. (NASDAQ:NFLX) for 65,000 shares. Utah Retirement owns 75,224 shares for 0.31% of their portfolio. Washington-based Fisher Asset Mgmt Ltd Liability has invested 0% in Netflix, Inc. (NASDAQ:NFLX). Nomura Asset Mgmt Limited has invested 0.48% in Netflix, Inc. (NASDAQ:NFLX). Korea Invest stated it has 394,283 shares. West Oak Limited Liability Co holds 125 shares. Dimensional Fund Advsr LP invested in 571,151 shares or 0.05% of the stock. Commonwealth Of Pennsylvania School Empls Retrmt Systems invested in 35,113 shares. Deutsche Bancshares Ag holds 1.87M shares. Hartford Management Inc holds 0.05% in Netflix, Inc. (NASDAQ:NFLX) or 601 shares.

Among 55 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix had 225 analyst reports since August 4, 2015 according to SRatingsIntel. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, October 17 report. The rating was maintained by Needham on Thursday, October 15 with “Buy”. The firm earned “Hold” rating on Wednesday, March 15 by Jefferies. KeyBanc Capital Markets maintained it with “Buy” rating and $190.0 target in Wednesday, August 23 report. The company was maintained on Tuesday, July 19 by BMO Capital Markets. On Monday, August 29 the stock rating was initiated by Axiom Capital with “Sell”. The rating was maintained by Topeka Capital Markets with “Buy” on Monday, November 16. The rating was maintained by Wells Fargo on Tuesday, January 23 with “Buy”. The company was maintained on Tuesday, July 18 by J.P. Morgan. The firm has “Outperform” rating by Raymond James given on Friday, August 14.

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