United States Steel Corp. (NYSE:X) traded up 3.1% on Friday . The company traded as high as $21.17 and last traded at $21.16, with a volume of 9,148,697 shares trading hands. The stock had previously closed at $20.52.

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

The stock’s market cap is $3.10 billion. The stock’s 50-day moving average is $18.23 and its 200 day moving average is $14.22.

United States Steel Corp. (NYSE:X) last issued its quarterly earnings results on Tuesday, April 26th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.23) by $0.92. The company earned $2.34 billion during the quarter, compared to analysts’ expectations of $2.51 billion. The firm’s revenue for the quarter was down 28.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.07) EPS. On average, equities analysts predict that United States Steel Corp. will post ($1.83) earnings per share for the current year.

In related news, Director Stephen J. Girsky acquired 2,000 shares of the stock in a transaction dated Thursday, May 5th. The shares were bought at an average cost of $18.94 per share, for a total transaction of $37,880.00. Following the purchase, the director now owns 2,000 shares in the company, valued at approximately $37,880. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Several hedge funds and institutional investors have made changes to their positions in X. Shell Asset Management Co. acquired a new position in shares of United States Steel Corp. during the fourth quarter valued at approximately $1,149,000. Zweig DiMenna Associates LLC increased its position 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 increased its position 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 increased its position 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 increased its position 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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