The Illinois Municipal Retirement Fund reduced its stake in Steel Dynamics, Inc. (NASDAQ:STLD) by 23.3% in the third quarter, selling 13,665 shares and retaining holdings valued at $6.262 million. Despite this, other institutions like Norges Bank and Nordea Investment Management AB significantly increased their positions. Analysts maintain a “Hold” rating on STLD with a consensus target price of $182.00, following recent earnings that beat expectations but slightly missed revenue estimates.
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Illinois Municipal Retirement Fund Sells 13,665 Shares of Steel Dynamics, Inc. $STLD
The Illinois Municipal Retirement Fund reduced its stake in Steel Dynamics, Inc. (NASDAQ:STLD) by 23.3% in the third quarter, selling 13,665 shares and retaining holdings valued at $6.262 million. Despite this, other institutions like Norges Bank and Nordea Investment Management AB significantly increased their positions. Analysts maintain a “Hold” rating on STLD with a consensus target price of $182.00, following recent earnings that beat expectations but slightly missed revenue estimates.