Metallus Inc. (NYSE:MTUS) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its stake in Metallus Inc. (NYSE:MTUS) by 103.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,775 shares of the company’s stock after purchasing an additional 2,431 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Metallus were worth $67,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its holdings in shares of Metallus by 36.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company’s stock worth $42,000 after acquiring an additional 783 shares during the period. WINTON GROUP Ltd boosted its holdings in Metallus by 3.4% in the fourth quarter. WINTON GROUP Ltd now owns 75,078 shares of the company’s stock valued at $1,061,000 after purchasing an additional 2,456 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Metallus by 5.4% in the fourth quarter. Alliancebernstein L.P. now owns 49,239 shares of the company’s stock valued at $696,000 after purchasing an additional 2,509 shares in the last quarter. Rhumbline Advisers lifted its stake in Metallus by 2.8% in the fourth quarter. Rhumbline Advisers now owns 125,443 shares of the company’s stock valued at $1,772,000 after buying an additional 3,386 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Metallus by 1.8% during the fourth quarter. Principal Financial Group Inc. now owns 202,805 shares of the company’s stock worth $2,866,000 after purchasing an additional 3,511 shares during the period. Hedge funds and other institutional investors own 77.58% of the company’s stock.

Metallus Price Performance

Shares of NYSE MTUS opened at $11.61 on Monday. Metallus Inc. has a 1-year low of $10.78 and a 1-year high of $24.31. The stock has a fifty day moving average price of $13.09 and a 200 day moving average price of $14.41. The company has a market cap of $488.87 million, a PE ratio of 22.33, a P/E/G ratio of 1.02 and a beta of 1.44.

Metallus (NYSE:MTUS) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.07 earnings per share 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 firm had revenue of $280.50 million during the quarter, compared to analysts’ expectations of $264.03 million. During the same quarter in the prior year, the business earned $0.56 EPS. The company’s quarterly revenue was down 12.8% compared to the same quarter last year. Analysts anticipate that Metallus Inc. will post 0.66 earnings per share for the current fiscal year.

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.