Empowered Funds LLC Increases Stock Position in Metallus Inc. (NYSE:MTUS)

Empowered Funds LLC boosted its stake in shares of Metallus Inc. (NYSE:MTUS) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 252,700 shares of the company’s stock after buying an additional 12,291 shares during the quarter. Empowered Funds LLC owned 0.59% of Metallus worth $3,571,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Metallus in the third quarter valued at approximately $1,104,000. Geode Capital Management LLC purchased a new position in shares of Metallus in the third quarter valued at approximately $13,888,000. Principal Financial Group Inc. purchased a new position in shares of Metallus in the third quarter valued at approximately $2,956,000. State Street Corp purchased a new position in shares of Metallus in the third quarter valued at approximately $32,439,000. Finally, Barclays PLC purchased a new position in Metallus in the third quarter worth approximately $1,031,000. Hedge funds and other institutional investors own 77.58% of the company’s stock.

Metallus Stock Down 2.9 %

Shares of Metallus stock opened at $15.16 on Thursday. Metallus Inc. has a 52-week low of $13.09 and a 52-week high of $24.31. The company has a 50 day moving average of $14.90 and a 200 day moving average of $15.50. The company has a market capitalization of $644.15 million, a P/E ratio of 29.15, a P/E/G ratio of 0.98 and a beta of 1.38.

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.