United States Steel Corp. (NYSE:X) traded up 2.1% during mid-day trading on Friday . The stock traded as high as $21.90 and last traded at $21.73, with a volume of 6,332,881 shares traded. The stock had previously closed at $21.28.

Several equities research analysts have issued reports on the company. Morgan Stanley restated a “hold” rating on shares of United States Steel Corp. in a research report on Tuesday, April 26th. Jefferies Group restated a “sell” rating on shares of United States Steel Corp. in a research report on Sunday, June 12th. Argus restated a “hold” rating on shares of United States Steel Corp. in a research report on Monday, May 2nd. Rosenblatt Securities upgraded United States Steel Corp. from a “neutral” rating to a “buy” rating and set a $25.00 target price on the stock in a research report on Thursday, April 28th. Finally, BMO Capital Markets restated a “hold” rating on shares of United States Steel Corp. in a research report on Wednesday, April 27th. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $14.86.

The firm has a 50 day moving average price of $17.39 and a 200-day moving average price of $13.80. The stock’s market capitalization is $3.17 billion.

United States Steel Corp. (NYSE:X) last released its earnings results on Tuesday, April 26th. The company reported ($2.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.23) by $0.92. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the business posted ($0.07) EPS. The business’s quarterly revenue was down 28.5% compared to the same quarter last year. Equities research analysts predict that United States Steel Corp. will post ($1.83) EPS for the current year.

In related news, Director Stephen J. Girsky purchased 2,000 shares of the firm’s stock in a transaction on Thursday, May 5th. The shares were acquired at an average price of $18.94 per share, for a total transaction of $37,880.00. Following the purchase, the director now directly owns 2,000 shares in the company, valued at $37,880. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

A number of hedge funds recently made changes to their positions in the company. Shell Asset Management Co. bought a new stake in shares of United States Steel Corp. during the fourth quarter valued at approximately $1,149,000. Nationwide Fund Advisors boosted 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 during the last quarter. California Public Employees Retirement System boosted its stake in shares of United States Steel Corp. by 17.1% in the fourth quarter. California Public Employees Retirement System now owns 495,600 shares of the company’s stock valued at $3,955,000 after buying an additional 72,500 shares during the last quarter. Retirement Systems of Alabama boosted 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, California State Teachers Retirement System boosted 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 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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