Empowered Funds LLC acquired a new stake in Metallus Inc. (NYSE:MTUS - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 240,409 shares of the company's stock, valued at approximately $3,565,000. Empowered Funds LLC owned about 0.55% of Metallus as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of the business. Royce & Associates LP bought a new stake in Metallus in the third quarter valued at approximately $14,301,000. Huntington National Bank bought a new stake in shares of Metallus in the 3rd quarter valued at $49,000. Victory Capital Management Inc. acquired a new stake in Metallus during the 3rd quarter worth $2,226,000. GSA Capital Partners LLP acquired a new stake in Metallus during the 3rd quarter worth $795,000. Finally, Sittner & Nelson LLC bought a new position in Metallus during the third quarter worth about $715,000. Institutional investors and hedge funds own 77.58% of the company's stock.
Metallus Price Performance
Shares of Metallus stock traded up $0.19 during trading hours on Tuesday, hitting $14.68. The company's stock had a trading volume of 322,972 shares, compared to its average volume of 286,468. The company has a market capitalization of $623.75 million, a PE ratio of 28.23, a price-to-earnings-growth ratio of 1.51 and a beta of 1.36. The stock has a 50 day moving average of $14.80 and a 200 day moving average of $18.31. Metallus Inc. has a 12 month low of $13.82 and a 12 month high of $24.31.
Metallus Company Profile
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Free Report)
Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.
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