Rhumbline Advisers Boosts Holdings in Metallus Inc. (NYSE:MTUS)

Rhumbline Advisers increased its position in Metallus Inc. (NYSE:MTUS) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 125,443 shares of the company’s stock after purchasing an additional 3,386 shares during the quarter. Rhumbline Advisers owned 0.30% of Metallus worth $1,772,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. FMR LLC acquired a new position in Metallus in the 3rd quarter worth $29,000. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Metallus during the third quarter worth about $41,000. Huntington National Bank acquired a new position in shares of Metallus in the third quarter worth about $49,000. Y Intercept Hong Kong Ltd purchased a new position in Metallus in the third quarter valued at about $156,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Metallus during the 3rd quarter valued at approximately $159,000. 77.58% of the stock is owned by institutional investors and hedge funds.

Metallus Stock Down 3.5 %

MTUS stock opened at $13.50 on Wednesday. The stock’s 50 day moving average is $14.83 and its two-hundred day moving average is $15.15. Metallus Inc. has a 52-week low of $12.96 and a 52-week high of $24.31. The company has a market capitalization of $573.46 million, a PE ratio of 25.95, a P/E/G ratio of 1.02 and a beta of 1.38.

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.