TheStreet upgraded shares of United States Steel Corp. (NYSE:X) from a sell rating to a hold rating in a report issued on Friday.

Several other analysts have also issued reports on the company. Rosenblatt Securities lowered United States Steel Corp. from a buy rating to a neutral rating in a report on Monday, November 21st. They noted that the move was a valuation call. Vetr lowered United States Steel Corp. from a buy rating to a hold rating and set a $30.00 price objective for the company. in a report on Monday, November 21st. Zacks Investment Research upgraded United States Steel Corp. from a sell rating to a hold rating in a report on Tuesday, November 15th. Morgan Stanley upgraded United States Steel Corp. from an equal weight rating to an overweight rating and increased their price objective for the stock from $19.00 to $46.00 in a report on Monday, November 14th. Finally, Deutsche Bank AG upgraded United States Steel Corp. from a hold rating to a buy rating and set a $24.00 price objective for the company in a report on Wednesday, November 9th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. United States Steel Corp. currently has a consensus rating of Hold and a consensus target price of $22.00.

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

Shares of United States Steel Corp. (NYSE:X) traded down 3.19% on Friday, reaching $32.17. The company had a trading volume of 19,480,123 shares. The company has a 50-day moving average price of $22.55 and a 200-day moving average price of $19.81. The firm’s market capitalization is $5.55 billion. United States Steel Corp. has a 52-week low of $6.15 and a 52-week high of $33.78.

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The company also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, November 11th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis 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 currently -2.19%.

In related news, VP David J. Rintoul sold 18,330 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $28.19, for a total value of $516,722.70. Following the completion of the transaction, the vice president now owns 61,957 shares in the company, valued at approximately $1,746,567.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David B. Burritt sold 51,791 shares of the business’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $32.56, for a total transaction of $1,686,314.96. Following the completion of the transaction, the vice president now owns 135,672 shares of the company’s stock, valued at approximately $4,417,480.32. The disclosure for this sale can be found here. 1.31% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. HighPoint Advisor Group LLC boosted its stake in shares of United States Steel Corp. by 201.6% in the third quarter. HighPoint Advisor Group LLC now owns 46,151 shares of the company’s stock valued at $1,346,000 after buying an additional 30,850 shares during the last quarter. D.A. Davidson & CO. boosted 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 valued at $104,000 after buying an additional 2,188 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its stake in shares of United States Steel Corp. by 126.7% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 1,022,139 shares of the company’s stock valued at $19,277,000 after buying an additional 571,311 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of United States Steel Corp. by 117.9% in the third quarter. Ameritas Investment Partners Inc. now owns 50,443 shares of the company’s stock valued at $951,000 after buying an additional 27,291 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its stake in shares of United States Steel Corp. by 36.9% in the third quarter. Panagora Asset Management Inc. now owns 22,133 shares of the company’s stock valued at $417,000 after buying an additional 5,960 shares during the last quarter. Hedge funds and other institutional investors own 76.89% of the company’s stock.

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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