United States Steel Corp. (NYSE:X) VP James E. Bruno sold 704 shares of the company’s stock in a transaction on Monday, November 28th. The shares were sold at an average price of $32.10, for a total transaction of $22,598.40. Following the completion of the sale, the vice president now directly owns 61,259 shares in the company, valued at $1,966,413.90. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of United States Steel Corp. (NYSE:X) traded down 3.14% on Tuesday, reaching $31.16. 25,796,986 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $22.55 and its 200-day moving average price is $19.81. The stock’s market capitalization is $5.37 billion. United States Steel Corp. has a 52 week low of $6.15 and a 52 week high of $33.78.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 12th. Investors of record on Friday, November 11th will be given a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $0.20 annualized dividend and a dividend yield of 0.64%. United States Steel Corp.’s dividend payout ratio is presently -2.19%.

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Several large investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Securities Holdings Co. Ltd. acquired a new stake in United States Steel Corp. during the third quarter valued at approximately $103,000. D.A. Davidson & CO. raised its stake in United States Steel Corp. by 65.1% in the third quarter. D.A. Davidson & CO. now owns 5,550 shares of the company’s stock valued at $104,000 after buying an additional 2,188 shares in the last quarter. Advisor Group Inc. acquired a new stake in United States Steel Corp. during the second quarter valued at approximately $120,000. DekaBank Deutsche Girozentrale raised its stake in United States Steel Corp. by 61.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 8,337 shares of the company’s stock valued at $133,000 after buying an additional 3,160 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in United States Steel Corp. by 71.9% in the second quarter. LS Investment Advisors LLC now owns 8,787 shares of the company’s stock valued at $148,000 after buying an additional 3,675 shares in the last quarter. Institutional investors and hedge funds own 76.89% of the company’s stock.

Several research firms have recently commented on X. Jefferies Group raised shares of United States Steel Corp. from an “underperform” rating to a “hold” rating and set a $24.50 price objective on the stock in a report on Wednesday, August 3rd. Credit Suisse Group AG set a $29.00 price target on shares of United States Steel Corp. and gave the stock a “buy” rating in a report on Thursday, September 22nd. Vetr raised shares of United States Steel Corp. from a “sell” rating to a “hold” rating and set a $23.03 price target on the stock in a report on Monday, August 15th. Rosenblatt Securities lowered their price target on shares of United States Steel Corp. from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Monday, August 15th. Finally, Clarkson Capital raised shares of United States Steel Corp. from a “sell” rating to a “neutral” rating in a report on Tuesday, August 2nd. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company’s stock. United States Steel Corp. currently has a consensus rating of “Hold” and an average target price of $20.74.

United States Steel Corp. Company Profile

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).

5 Day Chart for NYSE:X

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