Blue Trust Inc. Purchases 10,428 Shares of POSCO Holdings Inc. (NYSE:PKX)

Blue Trust Inc. boosted its holdings in shares of POSCO Holdings Inc. (NYSE:PKX) by 152.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,250 shares of the basic materials company’s stock after buying an additional 10,428 shares during the period. Blue Trust Inc.’s holdings in POSCO were worth $1,134,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Seven Grand Managers LLC bought a new stake in shares of POSCO during the 3rd quarter valued at about $1,750,000. Creative Planning lifted its position in POSCO by 36.8% during the third quarter. Creative Planning now owns 53,801 shares of the basic materials company’s stock valued at $3,766,000 after purchasing an additional 14,485 shares during the last quarter. CWM LLC lifted its position in POSCO by 16.3% during the third quarter. CWM LLC now owns 2,331 shares of the basic materials company’s stock valued at $163,000 after purchasing an additional 327 shares during the last quarter. GAMMA Investing LLC grew its stake in POSCO by 138.0% in the 3rd quarter. GAMMA Investing LLC now owns 871 shares of the basic materials company’s stock worth $61,000 after buying an additional 505 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of POSCO by 43,007.1% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 6,035 shares of the basic materials company’s stock worth $397,000 after buying an additional 6,021 shares during the last quarter.

POSCO Stock Performance

NYSE PKX opened at $63.07 on Monday. The company has a market capitalization of $19.14 billion, a P/E ratio of 16.55, a P/E/G ratio of 0.50 and a beta of 1.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.45 and a current ratio of 2.03. POSCO Holdings Inc. has a 52-week low of $58.00 and a 52-week high of $98.00. The company has a fifty day moving average of $65.85 and a 200-day moving average of $67.84.

POSCO (NYSE:PKX) last posted its quarterly earnings data on Thursday, July 25th. The basic materials company reported $1.14 earnings per share (EPS) for the quarter. The firm 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%. As a group, equities research analysts predict that POSCO Holdings Inc. will post 4.99 EPS for the current fiscal year.

POSCO Company 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.