United States Steel Corp. (NYSE:X) reached a new 52-week high during trading on Thursday . The company traded as high as $21.50 and last traded at $21.35, with a volume of 10,531,722 shares trading hands. The stock had previously closed at $21.12.

A number of brokerages have recently weighed in on X. Barclays PLC reissued an “equal weight” rating and issued a $16.00 price objective (up from $15.00) on shares of United States Steel Corp. in a report on Tuesday. Vetr lowered United States Steel Corp. from a “sell” rating to a “strong sell” rating and set a $16.63 price objective on the stock. in a report on Monday, May 2nd. Argus reissued a “hold” rating on shares of United States Steel Corp. in a report on Monday, May 2nd. Cowen and Company reissued a “market perform” rating and issued a $18.00 price objective (up from $8.00) on shares of United States Steel Corp. in a report on Thursday, April 28th. Finally, Macquarie lowered United States Steel Corp. from a “neutral” rating to an “underperform” rating in a report on Thursday, April 28th. Six analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the stock. United States Steel Corp. has an average rating of “Hold” and an average target price of $14.86.

The company’s market cap is $3.12 billion. The company has a 50-day moving average price of $17.18 and a 200 day moving average price of $13.70.

United States Steel Corp. (NYSE:X) last issued its earnings results on Tuesday, April 26th. The company reported ($2.15) earnings per share for the quarter, missing the consensus estimate of ($1.23) by $0.92. The company earned $2.34 billion during the quarter, compared to analyst estimates of $2.51 billion. The company’s revenue for the quarter was down 28.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.07) earnings per share. Analysts forecast that United States Steel Corp. will post ($1.86) EPS for the current year.

In other news, Director Stephen J. Girsky bought 2,000 shares of the business’s stock in a transaction that occurred on Thursday, May 5th. The shares were acquired at an average cost of $18.94 per share, with a total value of $37,880.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at approximately $37,880. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

A number of hedge funds recently made changes to their positions in X. Russell Frank Co increased its stake in shares of United States Steel Corp. by 347.0% in the fourth quarter. Russell Frank Co now owns 160,511 shares of the company’s stock valued at $1,306,000 after buying an additional 124,606 shares in the last quarter. Retirement Systems of Alabama increased its stake in shares of United States Steel Corp. by 1.3% in the fourth quarter. Retirement Systems of Alabama now owns 187,955 shares of the company’s stock valued at $1,500,000 after buying an additional 2,483 shares in the last quarter. Nationwide Fund Advisors increased its stake in shares of United States Steel Corp. by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 245,401 shares of the company’s stock valued at $1,958,000 after buying an additional 788 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of United States Steel Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 278,509 shares of the company’s stock valued at $2,223,000 after buying an additional 4,355 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of United States Steel Corp. by 40.0% in the fourth quarter. First Trust Advisors LP now owns 572,672 shares of the company’s stock valued at $4,570,000 after buying an additional 163,543 shares in the last quarter.

United States Steel Corporation (U. S. Steel) 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).

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