Janus Henderson Group PLC Purchases Shares of 1,047,440 Metallus Inc. (NYSE:MTUS)

Janus Henderson Group PLC purchased a new position in shares of Metallus Inc. (NYSE:MTUS - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,047,440 shares of the company's stock, valued at approximately $15,534,000. Janus Henderson Group PLC owned 2.47% of Metallus at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. FMR LLC bought a new position in Metallus during the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC bought a new position in shares of Metallus during the third quarter worth about $41,000. Huntington National Bank bought a new position in shares of Metallus during the third quarter worth about $49,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Metallus in the 3rd quarter valued at approximately $159,000. Finally, Amalgamated Bank acquired a new position in Metallus during the 3rd quarter worth approximately $172,000. Institutional investors own 77.58% of the company's stock.

Metallus Price Performance

Shares of MTUS traded up $0.01 during mid-day trading on Friday, hitting $16.45. 486,569 shares of the company's stock were exchanged, compared to its average volume of 415,465. The company has a 50-day simple moving average of $15.11 and a 200 day simple moving average of $17.74. The company has a market cap of $698.96 million, a PE ratio of 31.64, a P/E/G ratio of 1.74 and a beta of 1.39. Metallus Inc. has a 52 week low of $13.82 and a 52 week high of $24.31.

About Metallus

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.