United States Steel Corp. (NYSE:X) traded down 2.6% during mid-day trading on Monday . The company traded as low as $25.70 and last traded at $25.79, with a volume of 6,268,809 shares trading hands. The stock had previously closed at $26.49.

A number of equities research analysts recently issued reports on the company. Rosenblatt Securities reissued a “buy” rating and issued a $35.00 target price (up previously from $25.00) on shares of United States Steel Corp. in a research report on Sunday, July 31st. Morgan Stanley reaffirmed a “hold” rating and set a $19.00 price target on shares of United States Steel Corp. in a research report on Thursday, July 28th. Zacks Investment Research lowered United States Steel Corp. from a “buy” rating to a “hold” rating in a research report on Monday. Clarkson Capital raised United States Steel Corp. from a “sell” rating to a “neutral” rating in a research report on Tuesday, August 2nd. Finally, Barclays PLC boosted their price target on United States Steel Corp. from $16.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 3rd. Seven investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $18.14.

The company has a 50-day moving average price of $20.78 and a 200-day moving average price of $15.59. The firm’s market capitalization is $3.79 billion.

United States Steel Corp. (NYSE:X) last posted its quarterly earnings results on Tuesday, July 26th. The company reported ($0.31) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.49) by $0.18. The company earned $2.58 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the previous year, the business earned ($0.79) earnings per share. United States Steel Corp.’s revenue was down 10.9% on a year-over-year basis. Equities analysts expect that United States Steel Corp. will post ($0.73) earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, September 10th. Stockholders of record on Wednesday, August 10th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Monday, August 8th.

Other institutional investors recently bought and sold shares of the company. Russell Frank Co raised its position in United States Steel Corp. by 347.0% in the fourth quarter. Russell Frank Co now owns 160,511 shares of the company’s stock worth $1,306,000 after buying an additional 124,606 shares during the last quarter. Nationwide Fund Advisors raised its position in United States Steel Corp. by 0.3% in the fourth quarter. Nationwide Fund Advisors now owns 245,401 shares of the company’s stock worth $1,958,000 after buying an additional 788 shares during the last quarter. Rhumbline Advisers raised its position in United States Steel Corp. by 1.8% in the fourth quarter. Rhumbline Advisers now owns 212,658 shares of the company’s stock worth $1,697,000 after buying an additional 3,770 shares during the last quarter. California Public Employees Retirement System raised its position in 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 worth $3,955,000 after buying an additional 72,500 shares during the last quarter. Finally, Zweig DiMenna Associates LLC raised its position in 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 worth $1,273,000 after buying an additional 101,670 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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