Dimensional Fund Advisors LP cut its holdings in shares of Metallus Inc. (NYSE:MTUS - Free Report) by 6.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,066,472 shares of the company's stock after selling 205,965 shares during the period. Dimensional Fund Advisors LP owned about 7.22% of Metallus worth $43,328,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. bought a new stake in shares of Metallus during the third quarter worth $2,956,000. Barclays PLC bought a new stake in Metallus during the 3rd quarter worth about $1,031,000. Amundi increased its position in Metallus by 207.8% in the 4th quarter. Amundi now owns 23,845 shares of the company's stock valued at $320,000 after acquiring an additional 16,097 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Metallus by 2.8% in the fourth quarter. Rhumbline Advisers now owns 125,443 shares of the company's stock worth $1,772,000 after acquiring an additional 3,386 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of Metallus during the fourth quarter worth approximately $236,000. 77.58% of the stock is owned by institutional investors and hedge funds.
Metallus Price Performance
MTUS opened at $13.13 on Friday. The company's 50 day simple moving average is $13.29 and its 200-day simple moving average is $14.48. Metallus Inc. has a one year low of $10.78 and a one year high of $24.31. The stock has a market capitalization of $552.88 million, a P/E ratio of 25.25, a price-to-earnings-growth ratio of 1.02 and a beta of 1.11.
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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