Jane Street Group LLC grew its stake in Metallus Inc. (NYSE:MTUS - Free Report) by 334.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,236 shares of the company's stock after acquiring an additional 63,327 shares during the period. Jane Street Group LLC owned 0.19% of Metallus worth $1,162,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of MTUS. Vanguard Group Inc. raised its stake in shares of Metallus by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 3,257,534 shares of the company's stock worth $46,029,000 after buying an additional 43,244 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Metallus by 11.6% during the fourth quarter. American Century Companies Inc. now owns 1,316,292 shares of the company's stock worth $18,599,000 after buying an additional 137,007 shares during the last quarter. Royce & Associates LP raised its stake in shares of Metallus by 13.3% during the fourth quarter. Royce & Associates LP now owns 1,092,768 shares of the company's stock worth $15,441,000 after buying an additional 128,437 shares during the last quarter. Azarias Capital Management L.P. bought a new stake in shares of Metallus during the fourth quarter worth approximately $9,382,000. Finally, Northern Trust Corp raised its stake in shares of Metallus by 27.8% during the fourth quarter. Northern Trust Corp now owns 518,790 shares of the company's stock worth $7,331,000 after buying an additional 112,758 shares during the last quarter. 77.58% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Separately, Sidoti upgraded shares of Metallus to a "hold" rating in a report on Friday, May 9th.
Get Our Latest Report on MTUS
Metallus Stock Down 4.9%
Metallus stock opened at $12.41 on Thursday. The stock has a market capitalization of $522.35 million, a PE ratio of 23.86, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44. Metallus Inc. has a twelve month low of $10.78 and a twelve month high of $24.28. The company has a 50 day moving average of $12.97 and a 200-day moving average of $14.35.
Metallus (NYSE:MTUS - Get Free Report) last announced its earnings results 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 return on equity of 6.15% and a net margin of 2.05%. The business had revenue of $280.50 million for the quarter, compared to analyst estimates of $264.03 million. During the same quarter in the previous year, the company posted $0.56 EPS. The business's revenue for the quarter was down 12.8% compared to the same quarter last year. Equities analysts anticipate that Metallus Inc. will post 0.66 EPS for the current fiscal year.
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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