Blair William & Co. IL Has $1.56 Million Holdings in United States Steel Co. (NYSE:X)

Blair William & Co. IL trimmed its position in United States Steel Co. (NYSE:X) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 45,917 shares of the basic materials company’s stock after selling 375 shares during the period. Blair William & Co. IL’s holdings in United States Steel were worth $1,561,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors raised its stake in shares of United States Steel by 4.8% during the third quarter. Captrust Financial Advisors now owns 7,012 shares of the basic materials company’s stock valued at $248,000 after acquiring an additional 321 shares during the last quarter. CIBC Asset Management Inc increased its holdings in United States Steel by 5.6% in the fourth quarter. CIBC Asset Management Inc now owns 6,880 shares of the basic materials company’s stock valued at $234,000 after purchasing an additional 366 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in United States Steel by 0.8% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 49,730 shares of the basic materials company’s stock worth $1,690,000 after purchasing an additional 412 shares during the last quarter. GAMMA Investing LLC lifted its holdings in United States Steel by 50.0% during the 4th quarter. GAMMA Investing LLC now owns 1,326 shares of the basic materials company’s stock worth $45,000 after buying an additional 442 shares during the period. Finally, HBK Sorce Advisory LLC grew its position in shares of United States Steel by 7.4% in the 4th quarter. HBK Sorce Advisory LLC now owns 6,551 shares of the basic materials company’s stock valued at $223,000 after buying an additional 449 shares during the last quarter. Institutional investors own 81.92% of the company’s stock.

United States Steel Stock Performance

Shares of United States Steel stock opened at $42.17 on Wednesday. The business has a 50-day simple moving average of $38.75 and a 200 day simple moving average of $37.31. United States Steel Co. has a one year low of $26.92 and a one year high of $44.87. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.55 and a quick ratio of 0.91. The firm has a market capitalization of $9.55 billion, a price-to-earnings ratio of 28.30, a PEG ratio of 1.53 and a beta of 1.86.

United States Steel (NYSE:X) last released its quarterly earnings data on Thursday, January 30th. The basic materials company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.38). United States Steel had a net margin of 2.46% and a return on equity of 4.27%. On average, research analysts anticipate that United States Steel Co. will post 1.43 earnings per share for the current fiscal year.

United States Steel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, February 10th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date was Monday, February 10th. United States Steel’s dividend payout ratio is currently 13.42%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Bank of America started coverage on United States Steel in a research note on Monday, January 6th. They issued a “neutral” rating and a $35.00 price objective on the stock. JPMorgan Chase & Co. upped their price objective on shares of United States Steel from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Tuesday, March 11th. Jefferies Financial Group decreased their price objective on shares of United States Steel from $45.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Morgan Stanley boosted their target price on shares of United States Steel from $39.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, March 7th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $45.00 price target on shares of United States Steel in a report on Monday. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $41.32.

United States Steel Company Profile

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.