Shares of AK Steel Holding Corp. (NYSE:AKS) traded up 4.6% during trading on Monday . The stock traded as high as $4.40 and last traded at $4.30, with a volume of 7,348,453 shares traded. The stock had previously closed at $4.11.

Several analysts recently commented on the stock. Jefferies Group raised their price target on shares of AK Steel Holding Corp. from $5.00 to $5.50 and gave the stock a “hold” rating in a report on Wednesday, July 27th. Zacks Investment Research upgraded shares of AK Steel Holding Corp. from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a report on Tuesday, June 28th. Rosenblatt Securities began coverage on shares of AK Steel Holding Corp. in a research note on Monday, August 22nd. They issued a “buy” rating and a $6.00 target price for the company. Deutsche Bank AG reiterated a “sell” rating on shares of AK Steel Holding Corp. in a research note on Thursday, July 7th. Finally, Barclays PLC lifted their target price on shares of AK Steel Holding Corp. from $4.00 to $5.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 12th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $5.05.

The firm has a 50 day moving average price of $4.86 and a 200-day moving average price of $4.63. The firm’s market cap is $1.02 billion.

AK Steel Holding Corp. (NYSE:AKS) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.10. AK Steel Holding Corp. had a negative return on equity of 12.89% and a negative net margin of 2.18%. The firm earned $1.49 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the firm posted ($0.36) EPS. The business’s revenue was down 11.7% on a year-over-year basis. Analysts forecast that AK Steel Holding Corp. will post $0.32 EPS for the current fiscal year.

In other AK Steel Holding Corp. news, Director Vicente Wright sold 27,000 shares of the company’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $6.70, for a total transaction of $180,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.80% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. TIAA CREF Investment Management LLC increased its stake in AK Steel Holding Corp. by 68.7% in the first quarter. TIAA CREF Investment Management LLC now owns 801,885 shares of the company’s stock valued at $3,312,000 after buying an additional 326,668 shares during the last quarter. Teachers Advisors Inc. increased its stake in AK Steel Holding Corp. by 793.3% in the first quarter. Teachers Advisors Inc. now owns 2,405,707 shares of the company’s stock valued at $9,936,000 after buying an additional 2,136,400 shares during the last quarter. Prudential Financial Inc. increased its stake in AK Steel Holding Corp. by 4.1% in the first quarter. Prudential Financial Inc. now owns 422,629 shares of the company’s stock valued at $1,745,000 after buying an additional 16,600 shares during the last quarter. BlackRock Inc. increased its stake in AK Steel Holding Corp. by 61.5% in the first quarter. BlackRock Inc. now owns 24,495 shares of the company’s stock valued at $101,000 after buying an additional 9,327 shares during the last quarter. Finally, BlackRock Group LTD increased its stake in AK Steel Holding Corp. by 6.8% in the first quarter. BlackRock Group LTD now owns 230,615 shares of the company’s stock valued at $952,000 after buying an additional 14,775 shares during the last quarter. 68.71% of the stock is owned by institutional investors.

About AK Steel Holding Corp.

AK Steel Holding Corporation is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company operates approximately eight steelmaking and finishing plants, over two coke plants and approximately two tube manufacturing plants across states, which include Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia.

5 Day Chart for NYSE:AKS

Receive News & Ratings for AK Steel Holding Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AK Steel Holding Corp. and related companies with MarketBeat.com's FREE daily email newsletter.