Shares of United States Steel Corp. (NYSE:X) have received a consensus rating of “Hold” from the twenty-two research firms that are covering the stock. Four research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $22.69.

Several equities research analysts have commented on X shares. Vetr cut shares of United States Steel Corp. from a “buy” rating to a “hold” rating and set a $30.00 price target on the stock. in a research report on Monday. Rosenblatt Securities lowered shares of United States Steel Corp. from a “buy” rating to a “neutral” rating in a research note on Monday. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of United States Steel Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, November 15th. Morgan Stanley restated a “hold” rating and set a $19.00 price objective on shares of United States Steel Corp. in a research note on Thursday, July 28th. Finally, Jefferies Group upgraded shares of United States Steel Corp. from an “underperform” rating to a “hold” rating and set a $24.50 price objective on the stock in a research note on Wednesday, August 3rd.

United States Steel Corp. (NYSE:X) traded up 0.51% during midday trading on Friday, hitting $33.23. 10,644,519 shares of the company traded hands. The company’s market capitalization is $5.73 billion. The stock’s 50-day moving average price is $21.58 and its 200 day moving average price is $19.51. United States Steel Corp. has a 12-month low of $6.15 and a 12-month high of $33.78.

The company also recently disclosed 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. This represents a $0.20 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Tuesday, November 8th. United States Steel Corp.’s dividend payout ratio (DPR) is presently -2.19%.

In other news, VP David J. Rintoul sold 18,330 shares of the 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 completion of the sale, the vice president now directly owns 61,957 shares in the company, valued at $1,746,567.83. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.31% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in United States Steel Corp. by 4.4% in the second quarter. Vanguard Group Inc. now owns 10,587,493 shares of the company’s stock worth $178,505,000 after buying an additional 442,573 shares during the last quarter. BlackRock Fund Advisors boosted its stake in United States Steel Corp. by 19.8% in the third quarter. BlackRock Fund Advisors now owns 6,193,405 shares of the company’s stock worth $116,808,000 after buying an additional 1,025,132 shares during the last quarter. State Street Corp boosted its stake in United States Steel Corp. by 6.2% in the second quarter. State Street Corp now owns 5,783,221 shares of the company’s stock worth $97,512,000 after buying an additional 335,824 shares during the last quarter. Anchor Bolt Capital LP boosted its stake in United States Steel Corp. by 473.2% in the second quarter. Anchor Bolt Capital LP now owns 4,694,947 shares of the company’s stock worth $79,157,000 after buying an additional 3,875,834 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in United States Steel Corp. by 74.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,925,920 shares of the company’s stock worth $66,183,000 after buying an additional 1,676,588 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).

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