United States Steel Corp. (NYSE:X) hit a new 52-week high during mid-day 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 traded. The stock had previously closed at $21.12.

X has been the subject of a number of research analyst reports. Barclays PLC reiterated an “equal weight” rating and set a $16.00 price target (up from $15.00) on shares of United States Steel Corp. in a report on Tuesday. Argus reiterated a “hold” rating on shares of United States Steel Corp. in a report on Monday, May 2nd. Vetr lowered United States Steel Corp. from a “sell” rating to a “strong sell” rating and set a $16.63 price target for the company. in a report on Monday, May 2nd. Macquarie lowered United States Steel Corp. from a “neutral” rating to an “underperform” rating in a report on Thursday, April 28th. Finally, Jefferies Group reiterated a “sell” rating and set a $10.00 price target on shares of United States Steel Corp. in a report on Thursday, April 28th. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company’s stock. United States Steel Corp. presently has a consensus rating of “Hold” and an average target price of $14.86.

The stock’s 50-day moving average is $17.39 and its 200-day moving average is $13.80. The stock’s market cap is $3.17 billion.

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

In related news, Director Stephen J. Girsky purchased 2,000 shares of United States Steel Corp. stock in a transaction on Thursday, May 5th. The shares were purchased at an average price of $18.94 per share, for a total transaction 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 purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Several large investors have made changes to their positions in X. Shell Asset Management Co. acquired a new stake in shares of United States Steel Corp. during the fourth quarter valued at approximately $1,149,000. Zweig DiMenna Associates LLC raised its stake in shares of United States Steel Corp. by 175.8% in the fourth quarter. Zweig DiMenna Associates LLC now owns 159,510 shares of the company’s stock valued at $1,273,000 after buying an additional 101,670 shares during the last quarter. Russell Frank Co raised 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 during the last quarter. Retirement Systems of Alabama raised 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 during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of United States Steel Corp. by 1.8% in the fourth quarter. Rhumbline Advisers now owns 212,658 shares of the company’s stock valued at $1,697,000 after buying an additional 3,770 shares during 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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