United States Steel Corporation (NYSE:X) insider Richard Fruehauf sold 5,959 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $30.00, for a total value of $178,770.00. Following the completion of the sale, the insider now owns 7,960 shares of the company’s stock, valued at $238,800. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of United States Steel Corporation (NYSE X) traded down $0.01 during trading hours on Tuesday, hitting $29.83. The stock had a trading volume of 9,053,480 shares, compared to its average volume of 16,547,576. United States Steel Corporation has a 1 year low of $18.55 and a 1 year high of $41.83. The stock has a market capitalization of $5,190.00, a PE ratio of 20.49 and a beta of 3.00. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.23 and a current ratio of 1.89.

United States Steel (NYSE:X) last announced its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.25. United States Steel had a return on equity of 10.27% and a net margin of 1.05%. The firm had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the business posted $0.40 earnings per share. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. research analysts expect that United States Steel Corporation will post 1.8 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 10th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Thursday, November 9th. United States Steel’s payout ratio is 29.41%.

X has been the subject of a number of research analyst reports. Macquarie initiated coverage on United States Steel in a research note on Wednesday, September 6th. They issued an “outperform” rating and a $31.00 price target for the company. Bank of America upgraded United States Steel from a “neutral” rating to a “buy” rating and increased their price target for the company from $29.00 to $31.00 in a research note on Tuesday, September 5th. BMO Capital Markets reiterated a “market perform” rating on shares of United States Steel in a research note on Friday, September 8th. Cowen reiterated a “hold” rating and issued a $24.00 price target on shares of United States Steel in a research note on Friday, September 1st. Finally, Citigroup increased their price target on United States Steel from $20.00 to $22.00 and gave the company a “sell” rating in a research note on Friday, September 15th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. United States Steel presently has a consensus rating of “Hold” and a consensus price target of $29.34.

Several large investors have recently made changes to their positions in X. Advisor Group Inc. raised its position in United States Steel by 3.2% during the second quarter. Advisor Group Inc. now owns 9,834 shares of the basic materials company’s stock valued at $218,000 after acquiring an additional 308 shares in the last quarter. Capstone Asset Management Co. raised its position in United States Steel by 3.6% during the second quarter. Capstone Asset Management Co. now owns 15,371 shares of the basic materials company’s stock valued at $340,000 after acquiring an additional 540 shares in the last quarter. Public Employees Retirement Association of Colorado raised its position in United States Steel by 1.9% during the second quarter. Public Employees Retirement Association of Colorado now owns 32,591 shares of the basic materials company’s stock valued at $722,000 after acquiring an additional 606 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in United States Steel by 10.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,975 shares of the basic materials company’s stock valued at $154,000 after acquiring an additional 674 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its position in United States Steel by 1.7% during the second quarter. Ameritas Investment Partners Inc. now owns 52,267 shares of the basic materials company’s stock valued at $1,157,000 after acquiring an additional 889 shares in the last quarter. Hedge funds and other institutional investors own 64.27% of the company’s stock.

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United States Steel Company Profile

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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