15,800 Shares in United States Steel Co. (NYSE:X) Purchased by Capital Advisors Inc. OK

Capital Advisors Inc. OK acquired a new stake in shares of United States Steel Co. (NYSE:X - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,800 shares of the basic materials company's stock, valued at approximately $537,000.

Several other institutional investors also recently bought and sold shares of the business. Rakuten Securities Inc. increased its position in United States Steel by 9.2% during the 3rd quarter. Rakuten Securities Inc. now owns 3,328 shares of the basic materials company's stock valued at $118,000 after buying an additional 279 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of United States Steel by 0.7% during the third quarter. D.A. Davidson & CO. now owns 44,450 shares of the basic materials company's stock valued at $1,570,000 after acquiring an additional 301 shares in the last quarter. Arkadios Wealth Advisors raised its position in shares of United States Steel by 1.7% in the 3rd quarter. Arkadios Wealth Advisors now owns 18,635 shares of the basic materials company's stock valued at $658,000 after purchasing an additional 306 shares during the last quarter. Captrust Financial Advisors boosted its stake in United States Steel by 4.8% in the 3rd quarter. Captrust Financial Advisors now owns 7,012 shares of the basic materials company's stock worth $248,000 after purchasing an additional 321 shares in the last quarter. Finally, Creative Planning grew its position in United States Steel by 2.0% during the 3rd quarter. Creative Planning now owns 18,340 shares of the basic materials company's stock worth $648,000 after purchasing an additional 360 shares during the last quarter. 81.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on X shares. Jefferies Financial Group lowered their price objective on shares of United States Steel from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Morgan Stanley reiterated an "equal weight" rating and set a $39.00 price target on shares of United States Steel in a research note on Monday, February 3rd. Bank of America began coverage on United States Steel in a research note on Monday, January 6th. They issued a "neutral" rating and a $35.00 price objective for the company. JPMorgan Chase & Co. cut their price target on shares of United States Steel from $44.00 to $40.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. Finally, BMO Capital Markets reduced their price target on shares of United States Steel from $43.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, United States Steel currently has a consensus rating of "Moderate Buy" and a consensus price target of $39.82.

United States Steel Stock Performance

Shares of NYSE X traded down $0.40 during midday trading on Friday, reaching $38.42. 5,491,066 shares of the stock were exchanged, compared to its average volume of 5,718,949. The company has a quick ratio of 0.91, a current ratio of 1.55 and a debt-to-equity ratio of 0.36. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 25.79, a PEG ratio of 1.30 and a beta of 1.86. The firm has a 50-day simple moving average of $35.00 and a two-hundred day simple moving average of $36.92. United States Steel Co. has a twelve month low of $26.92 and a twelve month high of $48.13.

United States Steel (NYSE:X - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The basic materials company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.38). United States Steel had a net margin of 2.46% and a return on equity of 4.27%. As a group, analysts anticipate that United States Steel Co. will post 1.75 EPS for the current fiscal year.

United States Steel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Monday, February 10th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.52%. The ex-dividend date is Monday, February 10th. United States Steel's payout ratio is currently 13.42%.

United States Steel Company Profile

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.