Ameritas Advisory Services LLC Buys 298 Shares of POSCO Holdings Inc. (NYSE:PKX)

Ameritas Advisory Services LLC grew its stake in shares of POSCO Holdings Inc. (NYSE:PKX) by 7.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,084 shares of the basic materials company’s stock after acquiring an additional 298 shares during the period. Ameritas Advisory Services LLC’s holdings in POSCO were worth $268,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Van ECK Associates Corp grew its holdings in POSCO by 4.4% during the first quarter. Van ECK Associates Corp now owns 77,980 shares of the basic materials company’s stock valued at $6,115,000 after purchasing an additional 3,275 shares during the period. BNP Paribas Financial Markets grew its stake in shares of POSCO by 917.1% during the 1st quarter. BNP Paribas Financial Markets now owns 61,565 shares of the basic materials company’s stock worth $4,828,000 after acquiring an additional 55,512 shares during the period. Segantii Capital Management Ltd purchased a new stake in POSCO in the 4th quarter worth about $5,543,000. Nomura Holdings Inc. purchased a new stake in POSCO in the 4th quarter worth about $2,810,000. Finally, Gilman Hill Asset Management LLC raised its stake in POSCO by 2.2% in the 2nd quarter. Gilman Hill Asset Management LLC now owns 24,399 shares of the basic materials company’s stock valued at $1,604,000 after acquiring an additional 535 shares during the period.

POSCO Price Performance

Shares of NYSE:PKX opened at $63.82 on Friday. The firm has a market capitalization of $19.31 billion, a PE ratio of 16.75, a P/E/G ratio of 0.49 and a beta of 1.43. The company has a quick ratio of 1.42, a current ratio of 2.03 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $64.59 and a two-hundred day moving average price of $71.46. POSCO Holdings Inc. has a twelve month low of $58.00 and a twelve month high of $114.08.

POSCO (NYSE:PKX) last released 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 net margin of 1.91% and a return on equity of 2.21%. Equities analysts forecast 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.