POSCO Holdings Inc. (NYSE:PKX) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its stake in shares of POSCO Holdings Inc. (NYSE:PKX) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,210 shares of the basic materials company’s stock after purchasing an additional 820 shares during the period. Sequoia Financial Advisors LLC’s holdings in POSCO were worth $486,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PKX. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of POSCO during the 4th quarter valued at $41,000. R Squared Ltd acquired a new position in POSCO in the fourth quarter valued at $46,000. Wilmington Savings Fund Society FSB increased its stake in POSCO by 5,312.5% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 2,165 shares of the basic materials company’s stock worth $94,000 after acquiring an additional 2,125 shares during the last quarter. Avior Wealth Management LLC raised its holdings in shares of POSCO by 49.2% in the 4th quarter. Avior Wealth Management LLC now owns 2,228 shares of the basic materials company’s stock worth $97,000 after purchasing an additional 735 shares during the period. Finally, Ameritas Advisory Services LLC raised its holdings in shares of POSCO by 13.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 5,612 shares of the basic materials company’s stock worth $243,000 after purchasing an additional 645 shares during the period.

POSCO Price Performance

POSCO stock opened at $52.46 on Wednesday. The company has a quick ratio of 1.35, a current ratio of 1.93 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $15.92 billion, a P/E ratio of 24.06, a PEG ratio of 2.14 and a beta of 1.40. The firm has a fifty day moving average of $45.97 and a 200-day moving average of $53.45. POSCO Holdings Inc. has a 52-week low of $39.40 and a 52-week high of $81.94.

Analyst Upgrades and Downgrades

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

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.