United States Steel Corporation (X) : Mizuho Securities Usa added new position in United States Steel Corporation during the most recent quarter end. The investment management firm now holds 5,500 shares of United States Steel Corporation which is valued at $107,580 , the company said in a statement filed on Apr 21, 2016 with the SEC.United States Steel Corporation makes up approximately 0.03% of Mizuho Securities Usa’s portfolio.
United States Steel Corporation opened for trading at $17.565 and hit $18.64 on the upside on Wednesday, eventually ending the session at $18.52, with a gain of 0.16% or 0.03 points. The heightened volatility saw the trading volume jump to 2,09,55,613 shares. Company has a market cap of $2,709 M.
Other Hedge Funds, Including , Gemmer Asset Management added X to its portfolio by purchasing 682 company shares during the most recent quarter which is valued at $13,122. United States Steel Corporation makes up approx 0.01% of Gemmer Asset Management’s portfolio.Lenox Wealth Advisors reduced its stake in X by selling 45 shares or 64.29% in the most recent quarter. The Hedge Fund company now holds 25 shares of X which is valued at $481.
On the company’s financial health, United States Steel Corporation reported $-2.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.89 based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus of $-1.26. The company had revenue of $2341.00 million for the quarter, compared to analysts expectations of $2458.97 million. The company’s revenue was down -28.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.07 EPS.
Many Wall Street Analysts have commented on United States Steel Corporation. Company shares were Downgraded by UBS on Apr 8, 2016 to ” Sell”, Firm has raised the Price Target to $ 12 from a previous price target of $8 .Company shares were Reiterated by JP Morgan on Apr 5, 2016 to “Overweight”, Firm has raised the Price Target to $ 28 from a previous price target of $17 .Company shares were Reiterated by Credit Suisse on Mar 23, 2016 to “Outperform”, Firm has raised the Price Target to $ 22 from a previous price target of $19 .
United States Steel Corporation (U. S. Steel) is a 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). The results of the Companys railroad and real estate businesses are combined under the Other Businesses category. The Flat-rolled Products segment includes the operating results of all facilities within U. S. Steels integrated steel plants in the United States except the Fairfield pipe facility. The USSE segment includes the operating results of U. S. Steel Kosice (USSK) the Companys steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steels tubular production facilities primarily in the United States and equity investees in the United States and Brazil.