Fruth Investment Management Has $759,000 Holdings in Metallus Inc. (NYSE:MTUS)

Fruth Investment Management decreased its position in shares of Metallus Inc. (NYSE:MTUS) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,750 shares of the company’s stock after selling 1,000 shares during the period. Fruth Investment Management owned about 0.13% of Metallus worth $759,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of MTUS. State Street Corp acquired a new stake in Metallus in the 3rd quarter valued at about $32,439,000. Pacer Advisors Inc. acquired a new stake in shares of Metallus in the third quarter valued at approximately $27,669,000. Systematic Financial Management LP bought a new position in Metallus in the 3rd quarter worth approximately $16,359,000. Janus Henderson Group PLC acquired a new position in Metallus during the 3rd quarter worth $15,534,000. Finally, Royce & Associates LP bought a new position in Metallus in the 3rd quarter valued at $14,301,000. Institutional investors own 77.58% of the company’s stock.

Metallus Stock Up 2.8 %

Metallus stock opened at $15.15 on Thursday. The business’s 50-day simple moving average is $15.03 and its 200 day simple moving average is $15.74. The stock has a market cap of $643.89 million, a price-to-earnings ratio of 29.14, a P/E/G ratio of 0.95 and a beta of 1.38. Metallus Inc. has a 12-month low of $13.09 and a 12-month high of $24.31.

Metallus (NYSE:MTUS) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.15). Metallus had a net margin of 2.05% and a return on equity of 6.15%. The company had revenue of $227.20 million during the quarter, compared to analyst estimates of $278.30 million. During the same period last year, the company earned $0.52 EPS. As a group, sell-side analysts expect that Metallus Inc. will post 0.66 EPS for the current year.

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.