16,078 Shares in Metallus Inc. (NYSE:MTUS) Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new position in shares of Metallus Inc. (NYSE:MTUS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,078 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTUS. Huntington National Bank acquired a new stake in Metallus in the third quarter valued at about $49,000. Amalgamated Bank acquired a new position in Metallus in the 3rd quarter worth about $172,000. Creative Planning bought a new stake in Metallus during the 3rd quarter worth approximately $183,000. SG Americas Securities LLC bought a new position in Metallus during the 3rd quarter worth $189,000. Finally, Beese Fulmer Investment Management Inc. acquired a new position in shares of Metallus in the third quarter worth approximately $233,000. Institutional investors own 77.58% of the company’s stock.

Metallus Trading Up 1.2 %

Shares of MTUS opened at $16.10 on Tuesday. The stock has a market capitalization of $684.09 million, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 1.66 and a beta of 1.39. The firm’s fifty day simple moving average is $15.34 and its two-hundred day simple moving average is $17.44. Metallus Inc. has a 12 month low of $13.82 and a 12 month high of $24.31.

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.