Amalgamated Bank Takes Position in Metallus Inc. (NYSE:MTUS)

Amalgamated Bank purchased a new stake in Metallus Inc. (NYSE:MTUS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,587 shares of the company’s stock, valued at approximately $172,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MTUS. Creative Planning purchased a new stake in shares of Metallus in the 3rd quarter valued at approximately $183,000. SG Americas Securities LLC purchased a new stake in Metallus during the 3rd quarter worth approximately $189,000. Beese Fulmer Investment Management Inc. purchased a new stake in Metallus during the 3rd quarter worth approximately $233,000. Everence Capital Management Inc. purchased a new stake in Metallus during the 3rd quarter worth approximately $256,000. Finally, Louisiana State Employees Retirement System purchased a new stake in Metallus during the 3rd quarter worth approximately $274,000. 77.58% of the stock is owned by hedge funds and other institutional investors.

Metallus Stock Down 2.0 %

Shares of MTUS opened at $14.49 on Monday. Metallus Inc. has a fifty-two week low of $13.82 and a fifty-two week high of $24.31. The firm’s 50 day moving average price is $14.80 and its 200 day moving average price is $18.40. The company has a market cap of $615.68 million, a P/E ratio of 27.87, a PEG ratio of 1.51 and a beta of 1.36.

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.