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Timken Steel Corporation (NYSE:TMST) Getting Somewhat Favorable Media Coverage, Study Finds

Timken Steel Corporation (NYSE:TMST) Getting Somewhat Favorable Media Coverage, Study Finds

News headlines about United States Steel Corporation (NYSE:X) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Capstone Asset Management Co. increased its stake in United States Steel Corporation by 6.1% in the first quarter. The company had a trading volume of 296,884 shares. Finally, Oakbrook Investments LLC increased its stake in United States Steel Corporation by 11.3% in the first quarter. BlackRock Inc. now owns 14,279,755 shares of the basic materials company's stock valued at $482,799,000 after buying an additional 14,161,952 shares during the period. 3G L P invested 2.11% in AK Steel Holding Corporation (NYSE:AKS). State of Alaska Department of Revenue now owns 34,900 shares of the basic materials company's stock worth $250,000 after buying an additional 930 shares during the last quarter.

TimkenSteel Corporation manufactures alloy steel, as well as carbon and micro-alloy steel. Quantbot Technologies LP now owns 280,516 shares of the basic materials company's stock worth $1,842,000 after buying an additional 129,710 shares during the period. Winslow Evans & Crocker Inc. bought a new stake in United States Steel Corporation during the first quarter valued at about $283,000. Institutional investors own 77.53% of the company's stock.

AK Steel Holding Corp (NYSE:AKS) shares traded on -0.92% down secure line and closed at $5.37. Share performance for the month is now at -14.03%. The P/E ratio is 13.95 and market cap is 1.68B. The stock has a 50 day moving average price of $6.08 and a 200 day moving average price of $6.83. AK Steel Holding Corporation has a one year low of $3.87 and a one year high of $11.39. As of the latest earnings report the EPS was $0.38 and is estimated to be $0.51 for the current year with 314,848,000 shares now outstanding. The company had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.55 billion.

Covering sell-side analysts have recently weighed in on shares of AK Steel Holding Corporation (NYSE:AKS). Acrospire Investment Management LLC now owns 8,090 shares of the basic materials company's stock valued at $153,000 after buying an additional 5,475 shares during the last quarter. During the same quarter in the prior year, the company earned ($0.32) EPS. Stockholders of record on Wednesday, August 9th will be paid a dividend of $0.05 per share. On Monday, August 22 the stock rating was initiated by Rosenblatt with "Buy". This represents a $0.20 dividend on an annualized basis and a yield of 0.86%. United States Steel Corporation's dividend payout ratio is now 125.00%.

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United States Steel Corporation (NYSE:X) updated its FY17 earnings guidance on Tuesday. If you are viewing this report on another domain, it was illegally copied and republished in violation of USA & global trademark & copyright law. The correct version of this report can be read at https://rinconhillneighbors.org/2017/08/13/united-states-steel-corporations-nysex-equal-weight-rating-reiterated-at-barclays-plc.html.

Several other brokerages also recently issued reports on X. Longbow Research downgraded shares of United States Steel Corporation from a buy rating to a neutral rating in a report on Thursday, July 27th. Jefferies Group LLC restated a buy rating and set a $9.00 price objective on shares of AK Steel Holding Corporation in a research note on Wednesday, June 28th. Finally, Citigroup Inc. raised AK Steel Holding Corporation from a "sell" rating to a "neutral" rating and decreased their price target for the company from $8.00 to $7.00 in a report on Wednesday, April 19th.

On June 23 the stock rating was upgraded from "Hold" to "Buy" in a report from Deutsche Bank. Cowen and Company restated a market perform rating and set a $7.00 price objective on shares of AK Steel Holding Corporation in a research note on Friday, May 12th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company now has an average rating of "Hold" and a consensus price target of $18.83.

In the transaction dated Jul. 30, 2015, the great number of shares acquired came courtesy the Director; WRIGHT VICENTE added a total of 30,000 shares at an average price of $3.41, amounting to approximately $102,300. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The shares were purchased at an average price of $19.94 per share, for a total transaction of $49,850.00. Following the acquisition, the director now directly owns 21,872 shares in the company, valued at $436,127.68.