United States Steel Corporation (NYSE:X) CFO Kevin Bradley purchased 22,835 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The stock was acquired at an average price of $27.62 per share, with a total value of $630,702.70. Following the completion of the purchase, the chief financial officer now owns 30,415 shares in the company, valued at $840,062.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Kevin Bradley also recently made the following trade(s):

  • On Friday, September 8th, Kevin Bradley purchased 36,762 shares of United States Steel Corporation stock. The stock was acquired at an average price of $27.23 per share, with a total value of $1,001,029.26.

United States Steel Corporation (NYSE X) traded down 2.60% during trading on Friday, hitting $26.96. 13,232,517 shares of the company were exchanged. United States Steel Corporation has a 1-year low of $15.72 and a 1-year high of $41.83. The stock has a market capitalization of $4.72 billion, a PE ratio of 170.63 and a beta of 2.88. The firm’s 50 day moving average price is $24.59 and its 200-day moving average price is $26.46.

United States Steel Corporation (NYSE:X) last posted its quarterly earnings data on Tuesday, July 25th. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.66. United States Steel Corporation had a net margin of 0.24% and a return on equity of 6.50%. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter in the prior year, the company posted ($0.32) earnings per share. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. Equities analysts predict that United States Steel Corporation will post $1.74 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Wednesday, August 9th will be issued a $0.05 dividend. The ex-dividend date is Monday, August 7th. This represents a $0.20 annualized dividend and a yield of 0.74%. United States Steel Corporation’s dividend payout ratio (DPR) is presently 125.00%.

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A number of large investors have recently modified their holdings of X. Northwestern Mutual Wealth Management Co. increased its holdings in United States Steel Corporation by 1,971.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,315 shares of the basic materials company’s stock worth $112,000 after buying an additional 3,155 shares during the period. Global X Management Co. LLC increased its holdings in United States Steel Corporation by 221.0% in the 2nd quarter. Global X Management Co. LLC now owns 5,473 shares of the basic materials company’s stock worth $121,000 after buying an additional 3,768 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in United States Steel Corporation by 10.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,975 shares of the basic materials company’s stock worth $154,000 after buying an additional 674 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in United States Steel Corporation in the 1st quarter worth approximately $209,000. Finally, Sigma Planning Corp increased its holdings in United States Steel Corporation by 21.3% in the 2nd quarter. Sigma Planning Corp now owns 9,662 shares of the basic materials company’s stock worth $214,000 after buying an additional 1,696 shares during the period. Institutional investors own 63.37% of the company’s stock.

Several brokerages recently issued reports on X. Macquarie began coverage on shares of United States Steel Corporation in a research note on Wednesday. They issued an “outperform” rating and a $31.00 price target for the company. Standpoint Research lowered shares of United States Steel Corporation from a “buy” rating to a “reduce” rating in a research note on Tuesday. Bank of America Corporation upgraded shares of United States Steel Corporation from a “neutral” rating to a “buy” rating and raised their price objective for the company from $29.00 to $31.00 in a research note on Tuesday. Jefferies Group LLC restated a “buy” rating and set a $32.00 price objective on shares of United States Steel Corporation in a research note on Thursday, August 31st. Finally, Cowen and Company restated a “hold” rating and set a $24.00 price objective on shares of United States Steel Corporation in a research note on Friday, September 1st. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $28.40.

About United States Steel Corporation

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 Corporation (NYSE:X)

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