Investors bought shares of United States Steel Corp. (NYSE:X) on weakness during trading hours on Tuesday. $95.80 million flowed into the stock on the tick-up and $75.90 million flowed out of the stock on the tick-down, for a money net flow of $19.90 million into the stock. Of all companies tracked, United States Steel Corp. had the 16th highest net in-flow for the day. United States Steel Corp. traded down ($1.56) for the day and closed at $24.27

X has been the subject of several research analyst reports. Rosenblatt Securities reissued a “buy” rating and set a $35.00 target price (up previously from $25.00) on shares of United States Steel Corp. in a research note on Sunday, July 31st. Morgan Stanley restated a “hold” rating and set a $19.00 price target on shares of United States Steel Corp. in a report on Thursday, July 28th. Zacks Investment Research cut United States Steel Corp. from a “buy” rating to a “hold” rating in a report on Monday. Clarkson Capital upgraded United States Steel Corp. from a “sell” rating to a “neutral” rating in a 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 report on Wednesday, August 3rd. Seven research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $18.46.

The company’s market capitalization is $3.56 billion. The company’s 50 day moving average price is $21.10 and its 200-day moving average price is $15.85.

United States Steel Corp. (NYSE:X) last issued its quarterly earnings data on Tuesday, July 26th. The company reported ($0.31) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.49) by $0.18. The business earned $2.58 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the business posted ($0.79) earnings per share. United States Steel Corp.’s quarterly revenue was down 10.9% compared to the same quarter last year. On average, equities research analysts anticipate that United States Steel Corp. will post ($0.73) earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Saturday, September 10th. Investors of record on Wednesday, August 10th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 8th. This represents a $0.20 annualized dividend and a dividend yield of 0.82%.

Other large investors recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its stake in United States Steel Corp. by 7.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 293,150 shares of the company’s stock valued at $2,339,000 after buying an additional 19,135 shares during the period. Hodges Capital Management Inc. increased its stake in United States Steel Corp. by 77.2% in the fourth quarter. Hodges Capital Management Inc. now owns 2,673,689 shares of the company’s stock valued at $21,336,000 after buying an additional 1,164,668 shares during the period. Zweig DiMenna Associates LLC increased its stake 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 valued at $1,273,000 after buying an additional 101,670 shares during the period. California Public Employees Retirement System increased its stake 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 valued at $3,955,000 after buying an additional 72,500 shares during the period. Finally, Rhumbline Advisers increased its stake in 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 period.

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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