Barclays PLC raised its holdings in shares of Metallus Inc. (NYSE:MTUS - Free Report) by 72.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 120,045 shares of the company's stock after buying an additional 50,543 shares during the period. Barclays PLC owned about 0.28% of Metallus worth $1,697,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in MTUS. Quadrant Capital Group LLC boosted its stake in shares of Metallus by 36.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company's stock worth $42,000 after acquiring an additional 783 shares in the last quarter. Vestcor Inc acquired a new position in shares of Metallus in the 4th quarter valued at $104,000. Franklin Resources Inc. purchased a new position in shares of Metallus in the third quarter worth approximately $178,000. Proficio Capital Partners LLC acquired a new stake in shares of Metallus during the fourth quarter valued at approximately $236,000. Finally, Jane Street Group LLC purchased a new stake in shares of Metallus in the 3rd quarter valued at approximately $280,000. Institutional investors and hedge funds own 77.58% of the company's stock.
Metallus Price Performance
NYSE MTUS traded up $0.02 on Thursday, hitting $12.91. 28,187 shares of the stock were exchanged, compared to its average volume of 354,565. The company's 50-day moving average price is $13.15 and its two-hundred day moving average price is $14.44. Metallus Inc. has a 52-week low of $10.78 and a 52-week high of $24.31. The company has a market capitalization of $543.61 million, a price-to-earnings ratio of 24.83, a P/E/G ratio of 1.02 and a beta of 1.44.
About Metallus
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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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