Royce & Associates LP grew its stake in Metallus Inc. (NYSE:MTUS - Free Report) by 13.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,092,768 shares of the company's stock after purchasing an additional 128,437 shares during the quarter. Royce & Associates LP owned about 2.57% of Metallus worth $15,441,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. FMR LLC bought a new position in Metallus in the 3rd quarter worth $29,000. Farmers Trust Co. increased its stake in shares of Metallus by 6.1% in the 4th quarter. Farmers Trust Co. now owns 43,550 shares of the company's stock worth $615,000 after acquiring an additional 2,500 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new position in shares of Metallus in the 3rd quarter worth about $41,000. Huntington National Bank bought a new position in shares of Metallus in the 3rd quarter worth about $49,000. Finally, Rhumbline Advisers increased its stake in shares of Metallus by 2.8% in the 4th quarter. Rhumbline Advisers now owns 125,443 shares of the company's stock worth $1,772,000 after acquiring an additional 3,386 shares in the last quarter. 77.58% of the stock is currently owned by institutional investors.
Metallus Stock Performance
Shares of Metallus stock traded down $0.11 during trading on Thursday, hitting $13.87. The company's stock had a trading volume of 279,513 shares, compared to its average volume of 323,359. The company has a fifty day simple moving average of $14.80 and a two-hundred day simple moving average of $14.94. The company has a market capitalization of $583.83 million, a PE ratio of 26.66, a P/E/G ratio of 1.02 and a beta of 1.32. Metallus Inc. has a 52 week low of $12.96 and a 52 week high of $24.31.
Metallus 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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