Metallus Inc. (NYSE:MTUS) Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Metallus Inc. (NYSE:MTUS - Free Report) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,152,634 shares of the company's stock after buying an additional 62,055 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 2.71% of Metallus worth $16,286,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its position in shares of Metallus by 36.3% during the fourth 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 raised its stake in Metallus by 103.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company's stock valued at $67,000 after acquiring an additional 2,431 shares in the last quarter. Vestcor Inc bought a new stake in Metallus during the 4th quarter valued at $104,000. Mariner LLC boosted its position 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 during the period. Finally, Proficio Capital Partners LLC acquired a new position in Metallus during the 4th quarter worth $236,000. 77.58% of the stock is owned by institutional investors and hedge funds.

Metallus Trading Up 0.4%

Metallus stock opened at $13.47 on Friday. Metallus Inc. has a 52 week low of $10.78 and a 52 week high of $24.31. The stock has a market cap of $567.19 million, a price-to-earnings ratio of 25.90, a PEG ratio of 1.02 and a beta of 1.44. The company's 50-day moving average price is $13.03 and its two-hundred day moving average price is $14.38.

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 analysts' consensus estimates of $0.11 by ($0.04). Metallus had a net margin of 2.05% and a return on equity of 6.15%. The company had revenue of $280.50 million for the quarter, compared to analyst estimates of $264.03 million. During the same quarter in the prior year, the business earned $0.56 EPS. Metallus's revenue was down 12.8% compared to the same quarter last year. Research analysts expect that Metallus Inc. will post 0.66 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Sidoti raised Metallus to a "hold" rating in a report on Friday, May 9th.

Metallus Company 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.

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