<div id="readability-page-1"><p>XTX Topco Ltd lessened its position in  Cleveland-Cliffs Inc. (NYSE:CLF - Free Report) by 79.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor  owned 27,772 shares of the mining company's stock after selling 110,612 shares during the period. XTX Topco Ltd's holdings in Cleveland-Cliffs were worth $211,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Cleveland-Cliffs</strong> alerts:</span></p></div><ul><li>Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?</li></ul><p>Other hedge funds also recently made changes to their positions in the company. Atwood &amp; Palmer Inc. acquired a new stake in  Cleveland-Cliffs during the second quarter valued at approximately $27,000.  Trust Co. of Toledo NA OH acquired a new position in  Cleveland-Cliffs in the second quarter worth approximately $27,000.  Winch Advisory Services LLC increased its holdings in shares of  Cleveland-Cliffs by 131.3% in the second quarter. Winch Advisory Services LLC now owns 4,070 shares of the mining company's stock valued at $31,000 after buying an additional 2,310 shares in the last quarter.  Islay Capital Management LLC acquired a new stake in shares of  Cleveland-Cliffs during the 2nd quarter valued at $38,000.  Finally, MTM Investment Management LLC acquired a new position in shares of  Cleveland-Cliffs in the 2nd quarter worth $40,000. Institutional investors and hedge funds own  67.68% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities analysts recently weighed in on the company. UBS Group  set a $15.00 price target on Cleveland-Cliffs in a research report on Monday, October 27th. Bank of America upped their price objective on shares of Cleveland-Cliffs from $12.50 to $14.50 and gave the company a &#34;neutral&#34; rating in a research note on Tuesday, October 21st. Weiss Ratings  reissued a &#34;sell (d-)&#34; rating on shares of Cleveland-Cliffs in a research report on Thursday, October 30th. The Goldman Sachs Group boosted their price target on shares of Cleveland-Cliffs from $14.50 to $16.00 and gave the company a &#34;buy&#34; rating in a report on Friday, October 31st. Finally, Wells Fargo &amp; Company upgraded shares of Cleveland-Cliffs from an &#34;underweight&#34; rating to an &#34;equal weight&#34; rating and upped their price target for the company from $11.00 to $12.00 in a research report on Friday, November 14th. Three analysts have rated the stock with a Buy rating, five have assigned  a Hold rating and two have issued  a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of &#34;Hold&#34; and an average target price of $12.78.</p><ul><li>Cleveland-Cliffs Rally Tops S&amp;P 500, Can It Continue?</li></ul><p><b>Get Our Latest Report on Cleveland-Cliffs</b></p><h2>Cleveland-Cliffs Stock Performance</h2><p>Shares of CLF opened at $12.38 on Wednesday. The company has a market capitalization of $6.12 billion, a PE ratio of -3.64 and a beta of 1.97. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.61 and a current ratio of 2.04. The company's 50 day moving average price is $12.43 and its 200 day moving average price is $10.56. Cleveland-Cliffs Inc. has a 52 week low of $5.63 and a 52 week high of $16.70. </p><ul><li>Time for Cleveland-Cliffs Stock to Break Out? Markets Say Yes</li></ul><p>Cleveland-Cliffs (NYSE:CLF - Get Free Report) last released its earnings results on Monday, October 20th. The mining company reported ($0.45) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.48) by $0.03. Cleveland-Cliffs had a negative net margin of 9.00% and a negative return on equity of 20.02%. The company had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the prior year, the firm earned ($0.33) EPS. The company's revenue was up 3.6% compared to the same quarter last year.  Research analysts expect that  Cleveland-Cliffs Inc. will post -0.79 EPS for the current fiscal year. </p><h2>Cleveland-Cliffs Profile</h2> (Free Report)<p>Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc and changed its name to Cleveland-Cliffs Inc in August 2017.</p><h2>Read More</h2><ul><li>Five stocks we like better than Cleveland-Cliffs</li><li>Stock Sentiment Analysis: How it Works</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>Canada Bond Market Holiday: How to Invest and Trade </li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNMRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNMRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cleveland-Cliffs Right Now?</h2><p>Before you consider Cleveland-Cliffs, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cleveland-Cliffs wasn't on the list.</p><p>While Cleveland-Cliffs currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>XTX Topco Ltd reduced its stake in Cleveland-Cliffs Inc. by 79.9% in Q2, selling 110,612 shares. Analysts have mixed ratings on CLF, with a consensus "Hold" and an average target price of $12.78. Cleveland-Cliffs reported Q3 earnings of ($0.45) per share, beating estimates. The stock opened at $12.38, with a market cap of $6.12 billion.</p>

Cleveland-Cliffs Inc. $CLF Shares Sold by XTX Topco Ltd