O Shaughnessy Asset Management LLC reduced its position in shares of POSCO Holdings Inc. (NYSE:PKX - Free Report) by 34.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,806 shares of the basic materials company's stock after selling 22,180 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in POSCO were worth $1,856,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of PKX. Jane Street Group LLC increased its holdings in POSCO by 2,229.6% during the 3rd quarter. Jane Street Group LLC now owns 80,160 shares of the basic materials company's stock worth $5,610,000 after purchasing an additional 76,719 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in POSCO by 19.7% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 384,512 shares of the basic materials company's stock worth $16,672,000 after purchasing an additional 63,336 shares during the period. Janus Henderson Group PLC purchased a new position in POSCO during the 3rd quarter worth $3,497,000. Altrius Capital Management Inc increased its holdings in POSCO by 25.2% during the 4th quarter. Altrius Capital Management Inc now owns 153,330 shares of the basic materials company's stock worth $6,648,000 after purchasing an additional 30,863 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in POSCO during the 3rd quarter worth $2,082,000.
POSCO Stock Down 3.7 %
Shares of NYSE:PKX traded down $1.70 on Thursday, reaching $43.90. The company had a trading volume of 112,378 shares, compared to its average volume of 239,090. POSCO Holdings Inc. has a 52-week low of $39.40 and a 52-week high of $75.56. The firm's 50 day simple moving average is $47.05 and its 200-day simple moving average is $51.36. The firm has a market capitalization of $13.32 billion, a PE ratio of 20.17, a PEG ratio of 2.14 and a beta of 1.33. The company has a current ratio of 1.93, a quick ratio of 1.35 and a debt-to-equity ratio of 0.24.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded POSCO from a "buy" rating to a "hold" rating in a report on Thursday, January 2nd.
Get Our Latest Report on PKX
POSCO Company Profile
(
Free Report)
POSCO Holdings Inc, together with its subsidiaries, operates as an integrated steel producer in Korea and internationally. It operates through six segments: Steel, Trading, Construction, Logistics and Others, Green Materials and Energy, and Others. The company engages in the production, import, sale, and export of steel products, such as hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets, as well as pig iron, billets, blooms, and slabs; trading of steel and raw materials, textiles, agricultural commodities, and other goods; natural resources development and power generation activities; and planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings.
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