Morgan Stanley Downgrades United States Steel (LSE:0LJ9)

Fintel reports that on February 3, 2025, Morgan Stanley downgraded their outlook for United States Steel (LSE:0LJ9) from Overweight to Equal-Weight.

Analyst Price Forecast Suggests 7.17% Upside

As of January 29, 2025, the average one-year price target for United States Steel is 40.21 GBX/share. The forecasts range from a low of 37.04 GBX to a high of 46.37 GBX. The average price target represents an increase of 7.17% from its latest reported closing price of 37.52 GBX / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for United States Steel is 15,935MM, a decrease of 2.09%. The projected annual non-GAAP EPS is 2.87.

What is the Fund Sentiment?

There are 887 funds or institutions reporting positions in United States Steel. This is an increase of 21 owner(s) or 2.42% in the last quarter. Average portfolio weight of all funds dedicated to 0LJ9 is -16.14%, an increase of 3,632.88%. Total shares owned by institutions decreased in the last three months by 0.91% to 225,136K shares.

What are Other Shareholders Doing?

GB:0LJ9 / United States Steel Corporation Shares Held by Institutions

Pentwater Capital Management holds 19,900K shares representing 8.84% ownership of the company. In its prior filing, the firm reported owning 20,210K shares , representing a decrease of 1.56%. The firm decreased its portfolio allocation in 0LJ9 by 26.03% over the last quarter.

IJH - iShares Core S&P Mid-Cap ETF holds 6,994K shares representing 3.11% ownership of the company. In its prior filing, the firm reported owning 6,959K shares , representing an increase of 0.50%. The firm decreased its portfolio allocation in 0LJ9 by 14.21% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 6,405K shares representing 2.84% ownership of the company. In its prior filing, the firm reported owning 6,352K shares , representing an increase of 0.83%. The firm decreased its portfolio allocation in 0LJ9 by 11.48% over the last quarter.

NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 5,068K shares representing 2.25% ownership of the company. In its prior filing, the firm reported owning 5,091K shares , representing a decrease of 0.44%. The firm decreased its portfolio allocation in 0LJ9 by 15.09% over the last quarter.

Donald Smith holds 4,720K shares representing 2.10% ownership of the company. In its prior filing, the firm reported owning 4,393K shares , representing an increase of 6.93%. The firm decreased its portfolio allocation in 0LJ9 by 7.05% over the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.