150,090 Shares in Metallus Inc. (NYSE:MTUS) Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. purchased a new position in shares of Metallus Inc. (NYSE:MTUS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 150,090 shares of the company’s stock, valued at approximately $2,226,000. Victory Capital Management Inc. owned approximately 0.35% of Metallus at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. acquired a new position in Metallus in the third quarter valued at approximately $3,017,000. Principal Financial Group Inc. acquired a new stake in Metallus in the 3rd quarter valued at approximately $2,956,000. New York State Teachers Retirement System bought a new stake in shares of Metallus during the third quarter valued at about $1,217,000. Exchange Traded Concepts LLC acquired a new position in Metallus during the 3rd quarter valued at about $942,000. Finally, Fruth Investment Management bought a new position in shares of Metallus in the third quarter valued at approximately $811,000. 77.58% of the stock is owned by institutional investors.

Metallus Stock Performance

Shares of MTUS stock opened at $15.54 on Monday. The business’s fifty day moving average is $14.83 and its 200-day moving average is $18.19. Metallus Inc. has a 1 year low of $13.82 and a 1 year high of $24.31. The stock has a market cap of $660.36 million, a PE ratio of 29.88, a price-to-earnings-growth ratio of 1.57 and a beta of 1.36.

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.