United States Steel Corp (NYSE:X).
Snow Capital Management Lp says it increased its ownership in United States Steel Corp by 36.3% in the last quarter. Its stake was valued at $65,005,000 an increase of $23,853,000 as of the end of the quarter.
The following firms have recently changed their position in X. As of the end of the quarter Dimensional Fund Advisors Lp had sold 86,536 shares trimming its holdings by 2.7%. The value of the investment in United States Steel Corp went from $71,851,000 to $81,049,000 a change of $9,198,000 for the reporting period. Snow Capital Management Lp expanded its investment by buying 674,617 shares an increase of 36.3% in the quarter. Snow Capital Management Lp controls 2,533,326 shares valued at $65,005,000. The total value of its holdings increased 58.0%.
As of quarter end Snow Capital Management Lp had acquired a total of 674,617 shares growing its stake by 36.3%. The value of the company’s investment in United States Steel Corp increased from $41,152,000 to $65,005,000 increasing 58.0% quarter over quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS divested its position by shedding 6,593 shares a decrease of 20.6%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS owns 25,479 shares with a value of $654,000. The value of the position overall is down by 7.9%.
Raymond James & Associates cut its stake by selling 227 shares a decrease of 0.2% from 06/30/2017 to 09/30/2017. Raymond James & Associates currently owns 150,226 shares worth $3,855,000. The value of the position overall is up by 15.7%.
BMO Capital Markets raised the price target on November 2 changing the price objective from $29.00 to $33.00 with a rating of “Market Perform”.
On October 20, 2017 Bank of America Corporation released research on X with a rating of “Buy” and setting a price target of $32.00. On October 3, 2017 Longbow Research maintained a “Neutral” rating on the company.
September 18 investment analysts at Jefferies Group LLC kept a “Buy” rating on the company.
The company is trading up by 0.15% since yesterday’s close of 26.67. The company’s P/E ratio is 39.51 and the market value is 4.67B. As of the latest earnings report the EPS was $0.68 with 174.99M shares presently outstanding.
Traders are more bearish on the company if you pay attention to the uptick in short interest. The company saw a rise in short interest of 7.44% between September 29, 2017 and October 13, 2017. Short shares grew 2,067,925 over that period. The short-interest ratio increased to 3.0 and the percentage of shorted shares was 0.17% on October 13.