West Family Investments Inc. Buys Shares of 4,780 POSCO Holdings Inc. (NYSE:PKX)

West Family Investments Inc. bought a new stake in shares of POSCO Holdings Inc. (NYSE:PKX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,780 shares of the basic materials company’s stock, valued at approximately $335,000.

Several other large investors also recently added to or reduced their stakes in the company. Seven Grand Managers LLC purchased a new position in shares of POSCO during the 3rd quarter valued at $1,750,000. CWM LLC grew its holdings in shares of POSCO by 22.9% during the 2nd quarter. CWM LLC now owns 2,004 shares of the basic materials company’s stock valued at $132,000 after acquiring an additional 373 shares in the last quarter. Creative Planning grew its holdings in shares of POSCO by 36.8% during the 3rd quarter. Creative Planning now owns 53,801 shares of the basic materials company’s stock valued at $3,766,000 after acquiring an additional 14,485 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of POSCO by 138.0% during the 3rd quarter. GAMMA Investing LLC now owns 871 shares of the basic materials company’s stock valued at $61,000 after acquiring an additional 505 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of POSCO during the 3rd quarter valued at $49,000.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of POSCO from a “buy” rating to a “hold” rating in a report on Wednesday.

POSCO Trading Down 0.0 %

Shares of NYSE:PKX opened at $52.25 on Wednesday. The stock has a market capitalization of $15.86 billion, a PE ratio of 18.33, a P/E/G ratio of 0.62 and a beta of 1.44. POSCO Holdings Inc. has a 1 year low of $49.37 and a 1 year high of $96.98. The firm has a fifty day moving average price of $63.84 and a 200 day moving average price of $65.67. The company has a current ratio of 2.03, a quick ratio of 1.45 and a debt-to-equity ratio of 0.27.

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.