汇丰控股有限公司在铁姆肯钢铁公司持有21.3万美元的股票头寸（纽约证券交易所代码：TMST）

Hsbc Holdings PLC boosted its holdings in shares of TimkenSteel Co. (NYSE:TMST – Get Rating) by 18.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,992 shares of the basic materials company's stock after buying an additional 2,162 shares during the quarter. Hsbc Holdings PLC's holdings in TimkenSteel were worth $213,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TMST. Nisa Investment Advisors LLC increased its position in TimkenSteel by 150.0% during the second quarter. Nisa Investment Advisors LLC now owns 2,000 shares of the basic materials company's stock worth $37,000 after buying an additional 1,200 shares during the last quarter. Ellevest Inc. increased its position in TimkenSteel by 561.5% during the third quarter. Ellevest Inc. now owns 3,744 shares of the basic materials company's stock worth $56,000 after buying an additional 3,178 shares during the last quarter. Shell Asset Management Co. acquired a new position in TimkenSteel during the second quarter worth approximately $78,000. Point72 Hong Kong Ltd acquired a new position in TimkenSteel during the first quarter worth approximately $81,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in TimkenSteel during the second quarter worth approximately $84,000. Institutional investors and hedge funds own 81.38% of the company's stock.

TimkenSteel Stock Down 5.5 %

Shares of NYSE TMST opened at $17.17 on Friday. TimkenSteel Co. has a twelve month low of $14.09 and a twelve month high of $26.23. The company has a market cap of $753.76 million, a PE ratio of 15.90 and a beta of 1.73. The business's 50 day moving average price is $19.08 and its two-hundred day moving average price is $17.76.

TimkenSteel (NYSE:TMST – Get Rating) last issued its quarterly earnings data on Friday, February 24th. The basic materials company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.26) by $0.16. TimkenSteel had a return on equity of 14.83% and a net margin of 4.90%. The company had revenue of $245.40 million during the quarter, compared to analysts' expectations of $321.40 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The business's revenue was down 27.5% on a year-over-year basis. As a group, research analysts anticipate that TimkenSteel Co. will post 1.25 EPS for the current fiscal year.

About TimkenSteel

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TimkenSteel Corp. engages in the manufacture of alloy, carbon and micro-alloy steel products. The firm's products includes special bar quality steel, seamless mechanical tubing, gears, grades of steel, jumbo bloom vertical caster, TimkenSteel ultrapremium technology, and TimkenSteel endurance steels.

Further Reading

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