Metallus Inc. (NYSE:MTUS) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its stake in Metallus Inc. (NYSE:MTUS) by 29.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 451,952 shares of the company’s stock after selling 187,556 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.06% of Metallus worth $6,386,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC purchased a new stake in Metallus during the 3rd quarter worth $29,000. Farmers Trust Co. lifted its stake in shares of Metallus by 6.1% in the fourth quarter. Farmers Trust Co. now owns 43,550 shares of the company’s stock worth $615,000 after acquiring an additional 2,500 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in Metallus in the third quarter valued at about $41,000. Rhumbline Advisers grew its stake in Metallus by 2.8% during the 4th quarter. Rhumbline Advisers now owns 125,443 shares of the company’s stock valued at $1,772,000 after purchasing an additional 3,386 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in Metallus by 1.8% during the 4th quarter. Principal Financial Group Inc. now owns 202,805 shares of the company’s stock valued at $2,866,000 after purchasing an additional 3,511 shares in the last quarter. Institutional investors and hedge funds own 77.58% of the company’s stock.

Metallus Stock Up 4.5 %

Shares of MTUS opened at $13.50 on Tuesday. The firm has a market cap of $568.25 million, a price-to-earnings ratio of 25.95, a PEG ratio of 1.02 and a beta of 1.32. The business’s 50 day moving average is $14.79 and its two-hundred day moving average is $14.89. Metallus Inc. has a 52-week low of $12.80 and a 52-week 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.