Vanguard Personalized Indexing Management LLC Has $1.19 Million Holdings in POSCO Holdings Inc. (NYSE:PKX)

Vanguard Personalized Indexing Management LLC cut its holdings in POSCO Holdings Inc. (NYSE:PKX) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,251 shares of the basic materials company’s stock after selling 1,583 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in POSCO were worth $1,193,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Headlands Technologies LLC bought a new stake in shares of POSCO during the 1st quarter worth about $27,000. GAMMA Investing LLC grew its holdings in POSCO by 50.7% during the first quarter. GAMMA Investing LLC now owns 419 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 141 shares during the last quarter. Advisors Preferred LLC acquired a new position in POSCO during the first quarter valued at approximately $107,000. Barometer Capital Management Inc. acquired a new stake in shares of POSCO in the fourth quarter worth $124,000. Finally, CWM LLC lifted its stake in shares of POSCO by 25.4% in the first quarter. CWM LLC now owns 1,631 shares of the basic materials company’s stock worth $128,000 after buying an additional 330 shares during the last quarter.

POSCO Stock Performance

NYSE:PKX opened at $69.10 on Monday. The firm has a market capitalization of $20.97 billion, a PE ratio of 18.14, a PEG ratio of 0.55 and a beta of 1.42. The company has a current ratio of 2.03, a quick ratio of 1.45 and a debt-to-equity ratio of 0.27. POSCO Holdings Inc. has a 1 year low of $58.00 and a 1 year high of $107.92. The firm’s fifty day simple moving average is $64.10 and its 200 day simple moving average is $69.58.

POSCO (NYSE:PKX) last posted its quarterly earnings data on Thursday, July 25th. The basic materials company reported $1.14 earnings per share for the quarter. The business had revenue of $13.50 billion during the quarter. POSCO had a return on equity of 2.27% and a net margin of 1.91%. On average, sell-side analysts anticipate that POSCO Holdings Inc. will post 4.7 EPS for the current year.

POSCO Profile

POSCO Holdings Inc, together with its subsidiaries, operates as an integrated steel producer in Korea and internationally. It operates through six segments: Steel, Trading, Construction, Logistics and Others, Green Materials and Energy, and Others. The company engages in the production, import, sale, and export of steel products, such as hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets, as well as pig iron, billets, blooms, and slabs; trading of steel and raw materials, textiles, agricultural commodities, and other goods; natural resources development and power generation activities; and planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings.