Barclays PLC grew its holdings in shares of Metallus Inc. (NYSE:MTUS - Free Report) by 72.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 120,045 shares of the company's stock after buying an additional 50,543 shares during the period. Barclays PLC owned 0.28% of Metallus worth $1,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of Metallus during the third quarter worth approximately $280,000. Franklin Resources Inc. acquired a new position in Metallus in the third quarter valued at $178,000. Principal Financial Group Inc. purchased a new stake in shares of Metallus in the third quarter valued at about $2,956,000. Farmers Trust Co. raised its holdings in shares of Metallus by 6.1% in the fourth quarter. Farmers Trust Co. now owns 43,550 shares of the company's stock valued at $615,000 after buying an additional 2,500 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Metallus by 5.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 67,052 shares of the company's stock worth $947,000 after buying an additional 3,528 shares during the last quarter. 77.58% of the stock is currently owned by hedge funds and other institutional investors.
Metallus Stock Down 1.1 %
MTUS stock traded down $0.15 during trading on Tuesday, hitting $13.04. The company had a trading volume of 314,924 shares, compared to its average volume of 354,866. Metallus Inc. has a 1-year low of $10.78 and a 1-year high of $24.31. The firm has a 50-day moving average price of $13.23 and a 200-day moving average price of $14.46. The firm has a market cap of $549.09 million, a PE ratio of 25.08, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44.
Metallus Company 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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