Raymond James Financial Inc. bought a new position in shares of Metallus Inc. (NYSE:MTUS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 23,683 shares of the company's stock, valued at approximately $335,000. Raymond James Financial Inc. owned 0.06% of Metallus at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MTUS. FMR LLC acquired a new position in shares of Metallus in the 3rd quarter valued at approximately $29,000. Y Intercept Hong Kong Ltd bought a new position in shares of Metallus in the 3rd quarter valued at $156,000. Franklin Resources Inc. acquired a new position in shares of Metallus during the 3rd quarter worth $178,000. HighTower Advisors LLC bought a new stake in shares of Metallus during the 3rd quarter worth $223,000. Finally, Stifel Financial Corp acquired a new stake in Metallus in the third quarter valued at about $227,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.
Metallus Stock Down 0.2 %
Shares of MTUS stock traded down $0.02 on Tuesday, reaching $12.64. The company had a trading volume of 14,301 shares, compared to its average volume of 348,521. The stock has a market capitalization of $532.25 million, a PE ratio of 24.31, a price-to-earnings-growth ratio of 1.02 and a beta of 1.11. The business's 50-day moving average is $14.04 and its 200 day moving average is $14.63. Metallus Inc. has a one year low of $10.78 and a one year high of $24.31.
Metallus Profile
(
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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