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Vest Financial LLC boosted Nucor Co. holdings by 35.7%, as the steelmaker surpassed earnings expectations.
Vest Financial LLC increased its Nucor Co. (NYSE:NUE) holdings by 35.7%, acquiring 179,246 shares.
Meanwhile, Nucor's earnings per share for the last quarter were $1.22, surpassing analysts' expectations by $0.28.
The company also announced a $0.55 quarterly dividend, with a yield of 1.69%.
Several hedge funds have adjusted their positions, with mixed ratings and a consensus "Moderate Buy" recommendation, targeting a price of $163.13.
2 months ago
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