Metallus Inc. (NYSE:MTUS) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its holdings in shares of Metallus Inc. (NYSE:MTUS - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,066,472 shares of the company's stock after selling 205,965 shares during the quarter. Dimensional Fund Advisors LP owned 7.22% of Metallus worth $43,328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MTUS. Mariner LLC grew its holdings in Metallus by 59.6% during the 4th quarter. Mariner LLC now owns 16,493 shares of the company's stock worth $233,000 after acquiring an additional 6,157 shares in the last quarter. Barclays PLC grew its holdings in Metallus by 72.7% in the fourth quarter. Barclays PLC now owns 120,045 shares of the company's stock valued at $1,697,000 after purchasing an additional 50,543 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Metallus in the fourth quarter valued at approximately $335,000. Quadrant Capital Group LLC lifted its position 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 valued at $42,000 after buying an additional 783 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its position in Metallus by 4.4% during the fourth quarter. Russell Investments Group Ltd. now owns 269,827 shares of the company's stock worth $3,813,000 after acquiring an additional 11,449 shares during the period. Institutional investors own 77.58% of the company's stock.

Metallus Stock Performance

Shares of MTUS traded down $1.99 during mid-day trading on Friday, hitting $11.10. 458,607 shares of the company were exchanged, compared to its average volume of 357,101. Metallus Inc. has a 1-year low of $10.78 and a 1-year high of $24.31. The company has a 50 day moving average of $13.13 and a 200-day moving average of $14.43. The stock has a market cap of $467.40 million, a price-to-earnings ratio of 21.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44.

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