Systematic Financial Management LP Buys Shares of 1,103,103 Metallus Inc. (NYSE:MTUS)

Systematic Financial Management LP bought a new stake in Metallus Inc. (NYSE:MTUS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,103,103 shares of the company’s stock, valued at approximately $16,359,000.

Several other large investors also recently added to or reduced their stakes in the stock. FMR LLC purchased a new stake in Metallus in the 3rd quarter valued at $29,000. Mark Sheptoff Financial Planning LLC purchased a new stake in Metallus in the 3rd quarter valued at $41,000. Huntington National Bank purchased a new stake in Metallus in the 3rd quarter valued at $49,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Metallus in the 3rd quarter valued at $159,000. Finally, Amalgamated Bank purchased a new stake in Metallus in the 3rd quarter valued at $172,000. 77.58% of the stock is currently owned by hedge funds and other institutional investors.

Metallus Stock Down 1.6 %

Shares of NYSE:MTUS opened at $16.44 on Friday. The stock has a market cap of $698.60 million, a P/E ratio of 31.62, a PEG ratio of 1.74 and a beta of 1.39. Metallus Inc. has a 52-week low of $13.82 and a 52-week high of $24.31. The business has a fifty day moving average of $15.08 and a two-hundred day moving average of $17.87.

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.