Systematic Financial Management LP Has $16.34 Million Stake in Metallus Inc. (NYSE:MTUS)

Systematic Financial Management LP grew its position in Metallus Inc. (NYSE:MTUS - Free Report) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,156,297 shares of the company's stock after purchasing an additional 53,194 shares during the period. Systematic Financial Management LP owned approximately 2.72% of Metallus worth $16,339,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Metallus by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 3,257,534 shares of the company's stock valued at $46,029,000 after buying an additional 43,244 shares during the period. American Century Companies Inc. raised its stake in shares of Metallus by 11.6% in the fourth quarter. American Century Companies Inc. now owns 1,316,292 shares of the company's stock valued at $18,599,000 after acquiring an additional 137,007 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Metallus by 5.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,152,634 shares of the company's stock valued at $16,286,000 after buying an additional 62,055 shares during the period. Royce & Associates LP grew its holdings in Metallus by 13.3% during the 4th quarter. Royce & Associates LP now owns 1,092,768 shares of the company's stock worth $15,441,000 after acquiring an additional 128,437 shares in the last quarter. Finally, Azarias Capital Management L.P. purchased a new stake in shares of Metallus during the 4th quarter worth $9,382,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.

Metallus Stock Down 2.0%

Shares of NYSE:MTUS traded down $0.26 during trading on Friday, hitting $12.24. 67,301 shares of the company traded hands, compared to its average volume of 363,374. The business's fifty day moving average is $12.95 and its 200-day moving average is $14.33. The stock has a market capitalization of $515.19 million, a price-to-earnings ratio of 23.52, a PEG ratio of 1.02 and a beta of 1.44. Metallus Inc. has a one year low of $10.78 and a one year high of $24.28.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on MTUS shares. Sidoti upgraded Metallus to a "hold" rating in a research note on Friday, May 9th. Wall Street Zen lowered shares of Metallus from a "hold" rating to a "sell" rating in a report on Thursday.

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.