United States Steel Corp. (NYSE:X) was downgraded by research analysts at Vetr from a “buy” rating to a “hold” rating in a research note issued on Monday. They currently have a $30.00 target price on the stock. Vetr‘s price objective indicates a potential downside of 6.86% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on X. Credit Suisse Group AG set a $29.00 price objective on shares of United States Steel Corp. and gave the stock a “buy” rating in a report on Wednesday, July 27th. Bank of America Corp. cut shares of United States Steel Corp. from a “neutral” rating to an “underperform” rating and set a $21.00 price target for the company. in a report on Thursday, July 28th. Argus upgraded shares of United States Steel Corp. from a “hold” rating to a “buy” rating and upped their price target for the company from $25.49 to $30.00 in a report on Thursday, July 28th. restated a “sell” rating and set a $17.00 price target (up from $10.00) on shares of United States Steel Corp. in a report on Thursday, July 28th. Finally, Jefferies Group upped their price target on shares of United States Steel Corp. from $13.00 to $17.00 and gave the company an “underperform” rating in a report on Thursday, July 28th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. United States Steel Corp. presently has an average rating of “Hold” and an average target price of $22.00.

Analyst Recommendations for United States Steel Corp. (NYSE:X)

Shares of United States Steel Corp. (NYSE:X) opened at 32.21 on Monday. United States Steel Corp. has a one year low of $6.15 and a one year high of $32.40. The company has a 50-day moving average price of $21.15 and a 200 day moving average price of $19.42. The company’s market capitalization is $5.55 billion.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, November 11th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, November 8th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.62%. United States Steel Corp.’s dividend payout ratio is -2.19%.

In related news, VP David J. Rintoul sold 18,330 shares of the firm’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $28.19, for a total transaction of $516,722.70. Following the sale, the vice president now directly owns 61,957 shares in the company, valued at $1,746,567.83. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.31% of the company’s stock.

Several large investors have recently modified their holdings of X. Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new stake in shares of United States Steel Corp. during the third quarter worth approximately $103,000. D.A. Davidson & CO. raised its stake in shares of 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 worth $104,000 after buying an additional 2,188 shares during the last quarter. Advisor Group Inc. bought a new stake in shares of United States Steel Corp. during the second quarter worth approximately $120,000. DekaBank Deutsche Girozentrale raised its stake in shares of United States Steel Corp. by 61.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 8,337 shares of the company’s stock worth $133,000 after buying an additional 3,160 shares during the last quarter. Finally, LS Investment Advisors LLC raised its stake in shares of 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 worth $148,000 after buying an additional 3,675 shares during the last quarter. Institutional investors and hedge funds own 65.67% of the company’s stock.

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About United States Steel Corp.

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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