Nepsis Capital Management Inc. lifted its stake in shares of United States Steel Co. (NYSE:X) by 142.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 137,539 shares of the basic materials company’s stock after purchasing an additional 80,917 shares during the quarter. United States Steel accounts for about 1.8% of Nepsis Capital Management Inc.’s holdings, making the stock its 29th largest position. Nepsis Capital Management Inc. owned about 0.08% of United States Steel worth $3,529,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Enterprise Financial Services Corp bought a new stake in shares of United States Steel during the 3rd quarter valued at $120,000. Global X Management Co. LLC raised its stake in shares of United States Steel by 221.0% during the 2nd quarter. Global X Management Co. LLC now owns 5,473 shares of the basic materials company’s stock valued at $121,000 after purchasing an additional 3,768 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of United States Steel by 10.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,975 shares of the basic materials company’s stock valued at $154,000 after purchasing an additional 674 shares during the period. NJ State Employees Deferred Compensation Plan bought a new stake in shares of United States Steel during the 3rd quarter valued at $205,000. Finally, ARP Americas LLC bought a new stake in shares of United States Steel during the 3rd quarter valued at $223,000. Institutional investors own 64.27% of the company’s stock.

Shares of United States Steel Co. (X) traded up $0.74 during trading on Friday, hitting $31.85. The stock had a trading volume of 13,239,100 shares, compared to its average volume of 16,538,783. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.89 and a quick ratio of 1.23. The company has a market cap of $5,444.08, a price-to-earnings ratio of 21.75 and a beta of 3.00. United States Steel Co. has a 12-month low of $18.55 and a 12-month high of $41.83.

United States Steel (NYSE:X) last announced its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.67 by $0.25. The firm had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.07 billion. United States Steel had a return on equity of 10.27% and a net margin of 1.05%. The company’s revenue was up 20.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.40 EPS. analysts expect that United States Steel Co. will post 1.81 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 10th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.20 annualized dividend and a dividend yield of 0.63%. United States Steel’s dividend payout ratio (DPR) is presently 29.85%.

A number of brokerages have weighed in on X. ValuEngine upgraded United States Steel from a “hold” rating to a “buy” rating in a research note on Thursday. Longbow Research restated a “neutral” rating on shares of United States Steel in a research note on Tuesday, October 3rd. KeyCorp restated a “hold” rating on shares of United States Steel in a research note on Friday, November 17th. Cowen lowered United States Steel from a “market perform” rating to an “underperform” rating and decreased their target price for the stock from $24.00 to $20.00 in a research note on Friday, September 22nd. Finally, Jefferies Group restated a “buy” rating on shares of United States Steel in a research note on Monday, September 18th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $29.34.

In other news, SVP Sara A. Greenstein sold 3,606 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $30.00, for a total transaction of $108,180.00. Following the transaction, the senior vice president now directly owns 51,744 shares in the company, valued at approximately $1,552,320. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eugene Sperling acquired 1,000 shares of United States Steel stock in a transaction dated Friday, September 15th. The shares were purchased at an average price of $25.16 per share, for a total transaction of $25,160.00. Following the completion of the transaction, the director now directly owns 3,009 shares in the company, valued at approximately $75,706.44. The disclosure for this purchase can be found here. Insiders have sold a total of 26,355 shares of company stock worth $804,830 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

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United States Steel Profile

United States Steel Corporation 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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Institutional Ownership by Quarter for United States Steel (NYSE:X)

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