Altrius Capital Management Inc Boosts Holdings in POSCO Holdings Inc. (NYSE:PKX)

Altrius Capital Management Inc increased its position in shares of POSCO Holdings Inc. (NYSE:PKX - Free Report) by 25.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 153,330 shares of the basic materials company's stock after buying an additional 30,863 shares during the period. POSCO comprises approximately 1.8% of Altrius Capital Management Inc's holdings, making the stock its 19th largest holding. Altrius Capital Management Inc owned about 0.05% of POSCO worth $6,648,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in PKX. R Squared Ltd purchased a new position in POSCO during the 4th quarter valued at about $46,000. Allspring Global Investments Holdings LLC purchased a new position in POSCO in the third quarter valued at about $49,000. Wilmington Savings Fund Society FSB raised its holdings in POSCO by 5,312.5% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 2,165 shares of the basic materials company's stock worth $94,000 after purchasing an additional 2,125 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of POSCO by 49.2% during the fourth quarter. Avior Wealth Management LLC now owns 2,228 shares of the basic materials company's stock valued at $97,000 after buying an additional 735 shares during the last quarter. Finally, Ameritas Advisory Services LLC boosted its holdings in shares of POSCO by 13.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 5,612 shares of the basic materials company's stock valued at $243,000 after buying an additional 645 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of POSCO from a "buy" rating to a "hold" rating in a research note on Thursday, January 2nd.

POSCO Stock Down 0.6 %

PKX stock traded down $0.28 on Tuesday, hitting $45.47. 195,707 shares of the company's stock were exchanged, compared to its average volume of 183,690. The firm has a 50 day moving average price of $44.36 and a two-hundred day moving average price of $54.36. POSCO Holdings Inc. has a 12-month low of $39.40 and a 12-month high of $86.10. The stock has a market cap of $13.80 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 2.14 and a beta of 1.39. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.35 and a current ratio of 1.93.

POSCO Profile

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.