United States Steel Co. (NYSE:X) VP David J. Rintoul sold 10,000 shares of the firm’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $40.00, for a total transaction of $400,000.00. Following the completion of the sale, the vice president now owns 35,809 shares of the company’s stock, valued at approximately $1,432,360. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

United States Steel Co. (NYSE X) traded up $0.28 during trading hours on Thursday, reaching $40.27. 11,284,900 shares of the company’s stock traded hands, compared to its average volume of 10,829,141. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.89 and a quick ratio of 1.23. United States Steel Co. has a 52-week low of $18.55 and a 52-week high of $41.83. The stock has a market cap of $7,050.00, a P/E ratio of 59.22, a P/E/G ratio of 1.53 and a beta of 3.00.

United States Steel (NYSE:X) last posted its earnings results on Tuesday, October 31st. The basic materials company reported $0.92 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.25. United States Steel had a net margin of 1.05% and a return on equity of 10.27%. The firm had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period last year, the firm posted $0.40 EPS. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. sell-side analysts predict that United States Steel Co. will post 1.82 EPS for the current year.

Several analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of United States Steel from $29.00 to $33.00 and gave the company a “market perform” rating in a research note on Thursday, November 2nd. ValuEngine upgraded shares of United States Steel from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Cowen upgraded shares of United States Steel from an “underperform” rating to a “market perform” rating and raised their price objective for the company from $20.00 to $28.00 in a research note on Thursday, November 2nd. Longbow Research upgraded shares of United States Steel from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 20th. Finally, Bank of America set a $46.00 price objective on shares of United States Steel and gave the company a “buy” rating in a research note on Monday, January 8th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $31.14.

A number of large investors have recently bought and sold shares of the business. Moloney Securities Asset Management LLC purchased a new stake in shares of United States Steel during the fourth quarter worth about $231,000. James Investment Research Inc. purchased a new stake in shares of United States Steel during the fourth quarter worth about $2,591,000. Augustine Asset Management Inc. purchased a new stake in shares of United States Steel during the fourth quarter worth about $1,730,000. State of Alaska Department of Revenue purchased a new stake in shares of United States Steel during the fourth quarter worth about $365,000. Finally, Oakbrook Investments LLC grew its holdings in shares of United States Steel by 14.0% during the fourth quarter. Oakbrook Investments LLC now owns 12,600 shares of the basic materials company’s stock worth $443,000 after buying an additional 1,550 shares in the last quarter. Hedge funds and other institutional investors own 64.26% of the company’s stock.

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About United States Steel

United States Steel Corporation is an integrated steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).

Insider Buying and Selling by Quarter for United States Steel (NYSE:X)

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