Bridgeway Capital Management LLC Decreases Stock Position in Metallus Inc. (NYSE:MTUS)

Bridgeway Capital Management LLC lowered its position in Metallus Inc. (NYSE:MTUS - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 696,700 shares of the company's stock after selling 38,509 shares during the quarter. Bridgeway Capital Management LLC owned approximately 1.64% of Metallus worth $9,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in shares of Metallus by 36.3% in the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company's stock worth $42,000 after buying an additional 783 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Metallus by 103.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company's stock worth $67,000 after acquiring an additional 2,431 shares during the last quarter. Vestcor Inc purchased a new stake in shares of Metallus in the fourth quarter worth $104,000. Mariner LLC raised its position in shares of Metallus by 59.6% in the 4th quarter. Mariner LLC now owns 16,493 shares of the company's stock worth $233,000 after purchasing an additional 6,157 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Metallus during the fourth quarter valued at approximately $236,000. Institutional investors own 77.58% of the company's stock.

Metallus Trading Up 8.4%

MTUS stock traded up $0.98 during midday trading on Monday, hitting $12.59. The company's stock had a trading volume of 200,828 shares, compared to its average volume of 358,629. The company has a market cap of $530.01 million, a PE ratio of 24.28, a P/E/G ratio of 1.02 and a beta of 1.44. Metallus Inc. has a 12 month low of $10.78 and a 12 month high of $24.31. The firm's 50-day moving average is $13.09 and its 200-day moving average is $14.41.

Metallus (NYSE:MTUS - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.04). Metallus had a return on equity of 6.15% and a net margin of 2.05%. The firm had revenue of $280.50 million during the quarter, compared to analysts' expectations of $264.03 million. During the same period last year, the company earned $0.56 earnings per share. The business's revenue for the quarter was down 12.8% on a year-over-year basis. Analysts expect that Metallus Inc. will post 0.66 earnings per share for the current year.

Metallus Profile

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.