Fort Point Capital Partners LLC's holdings in United States Steel Corporation were worth $872,000 as of its most recent filing with the SEC. The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price. Finally, Winslow Evans & Crocker Inc. acquired a new position in United States Steel Corporation during the first quarter worth about $283,000. California State Teachers Retirement System now owns 337,929 shares of the basic materials company's stock worth $6,373,000 after buying an additional 41,900 shares in the last quarter. AlphaOne also gave news stories about the basic materials company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. The stock's quarterly performance specifies a shift of -2.63%, and its last twelve month performance is stands at 9.70% while moved -24.17% for the past six months. The stock of AK Steel Holding Corporation (NYSE:AKS) has "Market Perform" rating given on Wednesday, July 27 by Cowen & Co.
Digging a bit further, company shares have been noted -43.37% off the 52 week high and 66.67% away from the 52 week low. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since June 13, 2016 and is uptrending. Hedge funds and other institutional investors own 70.77% of the company's stock.
The company declined -0.28% and closed its last trading session at $36.03. The stock was bought at an average price of $19.96 per share, with a total value of $199,600.00. The stock has a 50 day moving average price of $21.70 and a 200-day moving average price of $31.48.
United States Steel Corporation (NYSE:X) last issued its earnings results on Tuesday, April 25th. Zacks Investment Research cut shares of Timken Steel Corporation from a "buy" rating to a "hold" rating in a research report on Wednesday, April 26th. The business had revenue of $309.40 million for the quarter, compared to analysts' expectations of $308.78 million. AK Steel Holding Corporation had a negative return on equity of 235.11% and a net margin of 1.16%. The firm's revenue was up 42.0% compared to the same quarter a year ago. During the same quarter past year, the business earned $0.26 EPS. Equities research analysts anticipate that United States Steel Corporation will post $1.06 EPS for the current fiscal year. Barclays PLC reaffirmed a "buy" rating and issued a $43.00 price objective on shares of Steel Dynamics in a research note on Monday, May 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date was Monday, May 8th. United States Steel Corporation's dividend payout ratio is now -12.20%.
COPYRIGHT VIOLATION WARNING: This news story was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and worldwide trademark and copyright legislation. Mason Street Advisors LLC raised its stake in Timken Steel Corporation by 7.0% in the first quarter. Jefferies Group LLC restated a buy rating and set a $45.00 target price on shares of United States Steel Corporation in a research report on Wednesday, February 1st. For the current year the company's revenue estimates are $5.83 Billion compared to low analyst estimates of $5.78 Billion and high estimates of $5.88 Billion according to the prediction of 8 analysts.
The most recently updated ratings and price targets from brokers issued for Timken Steel Corporation (NYSE:TMST) are included below. Morgan Stanley upgraded United States Steel Corporation from an equal weight rating to an overweight rating in a report on Tuesday, January 31st. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell).
AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation. The stock had a trading volume of 18,625,901 shares.
In other news, Director Richard P. Teets, Jr. sold 140,295 shares of the business's stock in a transaction dated Thursday, March 16th. Following the purchase, the director now owns 12,377 shares of the company's stock, valued at approximately $238,999.87. Following the purchase, the director now directly owns 98,919 shares in the company, valued at approximately $1,974,423.24.