Should You Buy Timken Steel Corporation (NYSE:TMST) On Current Analyst Views?

Zurcher Kantonalbank Zurich Cantonalbank now owns 6,301 shares of the basic materials company's stock worth $213,000 after buying an additional 1,112 shares during the period. Russell Investments Group Ltd. purchased a new stake in AK Steel Holding Corporation during the fourth quarter worth approximately $757,000. Northwestern Mutual Wealth Management Co. increased its position in shares of United States Steel Corporation by 1,971.9% in the first quarter. Amalgamated Bank now owns 42,206 shares of the basic materials company's stock worth $303,000 after buying an additional 120 shares during the last quarter. State Street Corp increased its stake in shares of United States Steel Corporation by 0.5% in the first quarter. World Asset Management Inc now owns 13,485 shares of the basic materials company's stock worth $456,000 after buying an additional 342 shares during the last quarter. The value of the investment in Timken Steel Corporation decreased from $4,226,000 to $2,727,000 a change of 35.5% quarter over quarter. 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. State of Alaska Department of Revenue boosted its position in shares of AK Steel Holding Corporation by 2.7% in the first quarter. Institutional investors and hedge funds own 69.08% of the company's stock. 3G L P invested 2.11% in AK Steel Holding Corporation (NYSE:AKS). If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. The company has a 50-day moving average of $6.20 and a 200-day moving average of $6.98. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 146.14 and a beta of 2.88. AK Steel Holding Corporation has a 52-week low of $3.87 and a 52-week high of $11.39.

AK Steel Holding Corporation (NYSE:AKS) last posted its earnings results on Tuesday, July 25th. The basic materials company reported $1.07 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.66.

Among 18 analysts covering AK Steel Holding Corporation (NYSE:AKS), 6 have Buy rating, 1 Sell and 11 Hold. The business's revenue was up 4.4% compared to the same quarter past year. During the same period a year ago, the company earned ($0.32) EPS. Next quarter's EPS is forecasted to be $0.08 with next year's EPS anticipated to be $0.67.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 9th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.86%. The ex-dividend date is Monday, August 7th. United States Steel Corporation's payout ratio is presently 125.00%. If you are accessing this story on another domain, it was copied illegally and reposted in violation of U.S. and global copyright and trademark laws. LLC boosted its position in United States Steel Corporation by 221.0% in the second quarter. Finally, Bank of America Corporation downgraded shares of United States Steel Corporation from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 26th.

Stock market analysts and brokers have recently amended their target prices on shares of Timken Steel Corporation (NYSE:TMST). Zacks Investment Research cut United States Steel Corporation from a "hold" rating to a "strong sell" rating in a research report on Tuesday, May 23rd. Credit Suisse downgraded the stock to "Neutral" rating in Thursday, January 12 report. These shares are 58.54% off its target price of $8.45 and the current market capitalization stands at $1.68B. Currently, 18.9% of the shares of the stock are short sold. Following the completion of the transaction, the director now owns 12,377 shares of the company's stock, valued at approximately $238,999.87. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Paul Anthony Mascarenas purchased 1,500 shares of the stock in a transaction on Thursday, May 18th. The stock was acquired at an average cost 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. The disclosure for this purchase can be found here.

Institutional owners hold 79.90% stake while Insiders ownership held at 0.50% in the company. The Company's divisions include Gabon, Angola, Equatorial Guinea, the United States, and Corporate and other, which includes corporate and activities support.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel).

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