United States Steel (X) Reaches $44.75 After 5.00% Up Move; Grand Jean Capital Management Cut By $1.54 Million Its Wells Fargo & Co. Ne (WFC) Holding

February 18, 2018 - By Hazel Jackson

Grand Jean Capital Management Inc decreased Wells Fargo & Co. Ne (WFC) stake by 18.38% reported in 2017Q3 SEC filing. Grand Jean Capital Management Inc sold 28,068 shares as Wells Fargo & Co. Ne (WFC)’s stock declined 8.66%. The Grand Jean Capital Management Inc holds 124,670 shares with $6.88 million value, down from 152,738 last quarter. Wells Fargo & Co. Ne now has $293.25B valuation. The stock decreased 0.12% or $0.07 during the last trading session, reaching $59.95. About 18.66M shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 18, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

The stock of United States Steel Corporation (NYSE:X) is a huge mover today! The stock increased 14.77% or $5.76 during the last trading session, reaching $44.75. About 38.98 million shares traded or 248.44% up from the average. United States Steel Corporation (NYSE:X) has risen 45.54% since February 18, 2017 and is uptrending. It has outperformed by 28.84% the S&P500.The move comes after 7 months positive chart setup for the $7.83 billion company. It was reported on Feb, 18 by Barchart.com. We have $46.99 PT which if reached, will make NYSE:X worth $391.55M more.

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company has market cap of $7.83 billion. It operates through three divisions: Flat-Rolled Products , U. It has a 20.43 P/E ratio. S.

Among 23 analysts covering United States Steel Corporation (NYSE:X), 9 have Buy rating, 3 Sell and 11 Hold. Therefore 39% are positive. United States Steel Corporation had 100 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of United States Steel Corporation (NYSE:X) has “Buy” rating given on Wednesday, August 30 by Jefferies. As per Thursday, April 28, the company rating was upgraded by Rosenblatt. Macquarie Research upgraded the stock to “Neutral” rating in Monday, April 24 report. Jefferies maintained the shares of X in report on Tuesday, October 17 with “Buy” rating. Jefferies maintained it with “Buy” rating and $45.0 target in Tuesday, January 9 report. The firm earned “Sell” rating on Friday, April 8 by UBS. The firm earned “Buy” rating on Wednesday, June 7 by Standpoint Research. The firm earned “Hold – Buy” rating on Friday, June 23 by Deutsche Bank. The rating was upgraded by Longbow on Wednesday, December 20 to “Buy”. The firm earned “Hold” rating on Tuesday, May 30 by BMO Capital Markets.

Since November 17, 2017, it had 0 insider buys, and 1 sale for $292,234 activity. 5,393 shares were sold by Codel Franklin R, worth $292,234 on Friday, November 17.

Grand Jean Capital Management Inc increased Blackstone Group Lp (NYSE:BX) stake by 108,793 shares to 349,070 valued at $11.65 million in 2017Q3. It also upped Kkr Private Equity Inv Lp R (NYSE:KKR) stake by 26,850 shares and now owns 97,650 shares. Cadence Bancorporation was raised too.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 15 have Buy rating, 8 Sell and 16 Hold. Therefore 38% are positive. Wells Fargo & Company had 131 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Wells Fargo & Company (NYSE:WFC) rating on Thursday, September 28. Keefe Bruyette & Woods has “Buy” rating and $61.0 target. The company was downgraded on Monday, February 5 by JP Morgan. The firm earned “Sell” rating on Thursday, September 15 by UBS. BMO Capital Markets maintained the shares of WFC in report on Monday, October 16 with “Market Perform” rating. The firm has “Outperform” rating by Bernstein given on Wednesday, January 3. The rating was maintained by Robert W. Baird on Tuesday, September 5 with “Buy”. The firm has “Hold” rating by Susquehanna given on Sunday, February 4. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 6 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, June 22. The firm has “Hold” rating by Susquehanna given on Thursday, January 4.

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By1 Hazel Jackson

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