POSCO Holdings Inc. (NYSE:PKX) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its holdings in shares of POSCO Holdings Inc. (NYSE:PKX) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,257 shares of the basic materials company’s stock after acquiring an additional 249 shares during the period. Crossmark Global Holdings Inc.’s holdings in POSCO were worth $271,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. State Street Corp grew its stake in POSCO by 1.6% during the 3rd quarter. State Street Corp now owns 781,503 shares of the basic materials company’s stock valued at $54,697,000 after purchasing an additional 12,193 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of POSCO by 32.1% in the third quarter. BNP Paribas Financial Markets now owns 253,054 shares of the basic materials company’s stock worth $17,711,000 after buying an additional 61,528 shares during the last quarter. Athos Capital Ltd acquired a new stake in POSCO in the third quarter valued at $11,373,000. Maven Securities LTD bought a new position in POSCO during the 3rd quarter valued at $10,191,000. Finally, Altrius Capital Management Inc grew its holdings in POSCO by 15.9% during the 3rd quarter. Altrius Capital Management Inc now owns 122,467 shares of the basic materials company’s stock worth $8,571,000 after acquiring an additional 16,802 shares in the last quarter.

POSCO Trading Down 1.1 %

NYSE:PKX opened at $45.10 on Tuesday. POSCO Holdings Inc. has a 52 week low of $42.35 and a 52 week high of $86.52. The company has a quick ratio of 1.35, a current ratio of 1.95 and a debt-to-equity ratio of 0.23. The company has a market cap of $13.69 billion, a PE ratio of 15.82, a P/E/G ratio of 0.40 and a beta of 1.40. The business’s 50 day moving average is $46.97 and its two-hundred day moving average is $58.00.

POSCO (NYSE:PKX) last released its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.01 EPS for the quarter. The firm had revenue of $13.53 billion during the quarter. POSCO had a net margin of 1.78% and a return on equity of 2.15%. On average, analysts predict that POSCO Holdings Inc. will post 4.25 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of POSCO from a “buy” rating to a “hold” rating in a research report on Thursday, January 2nd.

About POSCO

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.