United States Steel Corp. (X) has a Market value of 3.52 Billion

Gladys Abbott
June 19, 2017

December 5 investment analysts at Deutsche Bank left the stock rating at "Buy" and raised the price expectation to $40.00 from $26.00. (NYSE:BBY) was down -1.59% at $55.65 on Friday, in a 52-week range of $28.94 to $61.95 and with a consensus analyst target price of $60.39.

TMST has been the topic of a number of research reports. Clarkson Capital upgraded shares of AK Steel Holding Corporation from a "neutral" rating to a "buy" rating and set a $8.00 price target for the company in a research report on Thursday, May 25th. For the next fiscal year, analysts forecast that the firm will post earnings of $2.53 per share, with EPS estimates ranging from $1.49 to $4.34. Vetr lowered shares of United States Steel from a "strong-buy" rating to a "buy" rating and set a $38.38 price target on the stock.in a report on Tuesday, April 11th. Finally, Rosenblatt Securities reiterated a neutral rating and issued a $35.00 price objective on shares of United States Steel Corporation in a report on Monday, February 27th. The stock was purchased at an average price of $19.94 per share, for a total transaction of $49,850.00. (X) now has a value of $20.16 while the company's 52 week low is at $14.80, the shares dropped to the 52 week low on 06/27/16.

In other United States Steel Corporation news, Director Stephen J. Girsky bought 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 16th. The shares were acquired at an average price of $19.96 per share, with a total value of $199,600.00. Following the acquisition, the director now owns 98,919 shares in the company, valued at approximately $1,974,423.24. The disclosure for this purchase can be found here. Renaissance Technologies LLC now owns 5,655,000 shares of the basic materials company's stock valued at $186,672,000 after buying an additional 2,305,300 shares during the last quarter. The stock declined 1.05% or $0.3 reaching $28.83 per share. (X) has a market capitalization of 3.52 Billion which suggests the company is a huge company further suggesting that the shares of United States Steel Corp. The institutional investor owned 3,315 shares of the basic materials company's stock after buying an additional 3,155 shares during the period.

United States Steel Corporation (X) stock price moved -2.18% away from 20-Days Simple Moving Average, -15.26% from 50-Days Simple Moving Average and separated -27.53% from 200 Days Simple Moving Average. Stifel Financial Corp purchased a new stake in AK Steel Holding Corporation during the first quarter valued at about $110,000. Hedge funds and other institutional investors own 77.18% of the company's stock.

Advantus Capital Management Inc increased its stake in United States Steel Corporation (NYSE:X) by 4.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. Meadow Creek Investment Management LLC now owns 16,016 shares of the basic materials company's stock valued at $115,000 after buying an additional 2,044 shares in the last quarter. Finally, Metropolitan Life Insurance Co. United States Steel Corporation had 62 analyst reports since July 30, 2015 according to SRatingsIntel. Metropolitan Life Insurance Co. Texas Permanent School Fund now owns 126,189 shares of the basic materials company's stock worth $4,266,000 after buying an additional 407 shares during the period. Prudential Public Limited Liability Corporation holds 0% in Williams Companies Inc (NYSE:WMB) or 6,583 shares. The stock had a trading volume of 15,679,541 shares.

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United States Steel Corporation is an integrated steel producer. Return on assets ratio of the Company was -3.00%. The company has a 50 day moving average price of $21.70 and a 200-day moving average price of $31.48.

Zacks Investment Research raised shares of Timken Steel Corporation from a "hold" rating to a "buy" rating and set a $18.00 price target on the stock in a report on Tuesday, April 25th. The basic materials company reported ($0.83) EPS for the quarter, missing analysts' consensus estimates of $0.35 by $1.18.

Net profit margin of the company is seen at -2.60%. The company's revenue for the quarter was up 42.0% compared to the same quarter previous year. During the same period previous year, the firm earned ($0.08) EPS.

In the latest earnings report the EPS was $-1.71 and is estimated to be $1.06 for the current year with 174,659,000 shares presently outstanding. The company declared a dividend paid on Friday the 9th of June 2017. Stockholders of record on Wednesday, May 10th were issued a $0.05 dividend. The ex-dividend date was Monday, May 8th. This represents a $0.20 annualized dividend and a dividend yield of 0.99%. United States Steel Corporation's dividend payout ratio (DPR) is -12.20%.

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