POSCO Holdings Inc. (NYSE:PKX) Shares Acquired by Altrius Capital Management Inc

Altrius Capital Management Inc grew its stake in shares of POSCO Holdings Inc. (NYSE:PKX) by 25.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 153,330 shares of the basic materials company’s stock after buying an additional 30,863 shares during the period. POSCO accounts for 1.8% of Altrius Capital Management Inc’s investment portfolio, making the stock its 19th biggest position. Altrius Capital Management Inc’s holdings in POSCO were worth $6,648,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Jane Street Group LLC grew its holdings in shares of POSCO by 2,229.6% during the 3rd quarter. Jane Street Group LLC now owns 80,160 shares of the basic materials company’s stock worth $5,610,000 after purchasing an additional 76,719 shares during the period. Athos Capital Ltd purchased a new stake in POSCO during the third quarter worth approximately $11,373,000. Janus Henderson Group PLC acquired a new stake in shares of POSCO in the third quarter worth $3,497,000. BNP Paribas Financial Markets lifted its holdings in shares of POSCO by 32.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 253,054 shares of the basic materials company’s stock valued at $17,711,000 after acquiring an additional 61,528 shares in the last quarter. Finally, Maven Securities LTD purchased a new stake in POSCO during the 3rd quarter worth $10,191,000.

POSCO Price Performance

Shares of NYSE PKX opened at $47.78 on Friday. The business has a 50 day moving average price of $44.33 and a two-hundred day moving average price of $54.65. POSCO Holdings Inc. has a fifty-two week low of $39.40 and a fifty-two week high of $86.10. The firm has a market cap of $14.50 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 2.14 and a beta of 1.39. The company has a quick ratio of 1.35, a current ratio of 1.93 and a debt-to-equity ratio of 0.24.

Wall Street Analysts Forecast Growth

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

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.