US SteelX
Market Cap: 9.16B
About: United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
Employees: 21,803
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
3.32% more ownership
Funds ownership: 82.27% [Q4 2023] → 85.59% (+3.32%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 31 [Q4 2023] → 31 (+0) [Q1 2024]
9% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 170
6% less funds holding
Funds holding: 505 [Q4 2023] → 475 (-30) [Q1 2024]
13% less capital invested
Capital invested by funds: $8.92B [Q4 2023] → $7.79B (-$1.13B) [Q1 2024]
30% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 100
56% less call options, than puts
Call options by funds: $925M | Put options by funds: $2.11B
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
JP Morgan Bill Peterson | 2%downside $40 | Neutral Maintained | 16 Jul 2024 |
BMO Capital Katja Jancic | 10%upside $45 | Outperform Upgraded | 26 Jun 2024 |
Jefferies Christopher LeFemina | 10%upside $45 | Buy Initiated | 20 May 2024 |
Morgan Stanley Carlos De Alba | 18%upside $48 | Overweight Upgraded | 6 May 2024 |
JP Morgan Bill Peterson | 6%upside $43 | Neutral Maintained | 3 May 2024 |
Financial journalist opinion
Based on 23 articles about X published over the past 30 days