Insider Activity of United States Steel Corp. (X)

After $0.92 actual earnings per share reported by United States Steel Corporation for the previous quarter, Wall Street now forecasts -34.78 % negative EPS growth. World Asset Management Inc increased its position in shares of United States Steel by 2.6% in the first quarter.

The counter witnessed a trading volume of 0.32 million shares versus an average volume of 0.28 million shares during last trading session. Dimensional Fund Advisors LP raised its position in Olympic Steel by 0.4% during the first quarter. NJ State Employees Deferred Compensation Plan acquired a new stake in shares of United States Steel in the third quarter valued at $205,000. LS Investment Advisors LLC raised its holdings in United States Steel by 16.6% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 18,566 shares of the basic materials company's stock valued at $350,000 after buying an additional 275 shares during the period. Institutional investors own 64.27% of the company's stock.

A number of research firms have recently commented on ZEUS. The stock of United States Steel Corporation (NYSE:X) earned "Neutral" rating by Bank of America on Wednesday, June 15. The stock of United States Steel Corporation (NYSE:X) has "Neutral" rating given on Thursday, November 3 by Clarksons Platou. Credit Suisse maintained the stock with "Outperform" rating in Wednesday, March 23 report. Zacks Investment Research cut Olympic Steel from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 19th. On Monday, November 2 the stock rating was initiated by Rosenblatt with "Neutral".

United States Steel Corporation (NYSE:X) recorded a trading volume of 17.77 million shares, above its 90-day volume average of 11.17 million shares. United States Steel Corporation (X) has made its way to a 12-month decline of -13.46%.

Beta is also an important valuation ratio for analyzing the stock of the company, X's beta remains at 3.00.

Net profit margin of the company is seen at 1.00%. State Street Corp owned 2.14% of Olympic Steel worth $4,574,000 at the end of the most recent reporting period. They expect $0.60 earnings per share, up 122.22 % or $0.33 from last year's $0.27 per share. The Return on Equity (ROE) value stands at 5%. The firm had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period a year ago, the business earned $0.40 earnings per share.

Analysts are also projecting an Average Revenue Estimate for United States Steel $3.11 Million in the Current Quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Thursday, November 9th. Olympic Steel's dividend payout ratio is presently 7.21%. United States Steel Corporation (NYSE:X) is 17.3% above its 200-day moving average, providing a measure of resistance for long positions. The shares were bought at an average price of $27.23 per share, with a total value of $1,001,029.26. In the last quarter, insiders sold 19,265 shares of company stock worth $577,950. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Following the transaction, the chief financial officer now owns 30,415 shares in the company, valued at $828,200.45. The disclosure for this sale can be found here. In the a year ago there have been a total of 85 insider trades, including 36 open market buys and 49 sells. Company insiders own 1.00% of the company's stock.

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Analysts await United States Steel Corporation (NYSE:X) to report earnings on January, 30. 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: carbon flat products, specialty metals flat products, and tubular and pipe products.

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