Royce & Associates LP Raises Stake in Metallus Inc. (NYSE:MTUS)

Royce & Associates LP boosted its holdings in shares of Metallus Inc. (NYSE:MTUS) by 13.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,092,768 shares of the company’s stock after buying an additional 128,437 shares during the quarter. Royce & Associates LP’s holdings in Metallus were worth $15,441,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. FMR LLC purchased a new stake in shares of Metallus in the third quarter worth about $29,000. Mark Sheptoff Financial Planning LLC purchased a new stake in Metallus in the 3rd quarter worth approximately $41,000. Huntington National Bank purchased a new stake in Metallus in the 3rd quarter worth approximately $49,000. Vestcor Inc acquired a new stake in shares of Metallus during the 4th quarter worth approximately $104,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Metallus during the 3rd quarter valued at approximately $156,000. 77.58% of the stock is currently owned by institutional investors and hedge funds.

Metallus Stock Performance

Shares of NYSE MTUS opened at $14.07 on Monday. The company has a market capitalization of $592.36 million, a PE ratio of 27.05, a price-to-earnings-growth ratio of 1.02 and a beta of 1.32. The company’s fifty day moving average price is $14.80 and its 200 day moving average price is $14.98. Metallus Inc. has a 1 year low of $12.96 and a 1 year high of $24.31.

About Metallus

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.