Atomi Financial Group Inc. trimmed its holdings in shares of POSCO Holdings Inc. (NYSE:PKX – Free Report) by 6.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,355 shares of the basic materials company’s stock after selling 447 shares during the quarter. Atomi Financial Group Inc.’s holdings in POSCO were worth $445,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in POSCO during the first quarter worth $27,000. GAMMA Investing LLC grew its position in shares of POSCO by 50.7% in 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 stake in shares of POSCO in the first quarter valued at about $107,000. CWM LLC grew its position 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 valued at $128,000 after purchasing an additional 330 shares during the last quarter. Finally, Choreo LLC acquired a new stake in shares of POSCO in the second quarter valued at about $221,000.
POSCO Trading Down 0.6 %
Shares of NYSE:PKX opened at $67.67 on Friday. The company has a market cap of $20.54 billion, a P/E ratio of 17.76, a P/E/G ratio of 0.55 and a beta of 1.42. The stock’s 50-day moving average is $65.33 and its 200-day moving average is $68.55. POSCO Holdings Inc. has a 52-week low of $58.00 and a 52-week high of $98.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.45 and a current ratio of 2.03.
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.
See Also
- Five stocks we like better than POSCO
- EV Stocks and How to Profit from Them
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- 4 Quirky ETFs With Big Potential for Impressive Gains
Want to see what other hedge funds are holding PKX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for POSCO Holdings Inc. (NYSE:PKX – Free Report).
Receive News & Ratings for POSCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POSCO and related companies with MarketBeat.com's FREE daily email newsletter.