Principal Financial Group Inc. Has $2.87 Million Stock Holdings in Metallus Inc. (NYSE:MTUS)

Principal Financial Group Inc. grew its stake in Metallus Inc. (NYSE:MTUS) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 202,805 shares of the company’s stock after buying an additional 3,511 shares during the period. Principal Financial Group Inc. owned 0.48% of Metallus worth $2,866,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. FMR LLC acquired a new stake in Metallus in the third quarter valued at approximately $29,000. Farmers Trust Co. lifted its holdings in Metallus by 6.1% during 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 during the period. Mark Sheptoff Financial Planning LLC purchased a new stake in Metallus in the third quarter worth $41,000. Huntington National Bank purchased a new stake in Metallus in the third quarter worth $49,000. Finally, Rhumbline Advisers increased its position in Metallus by 2.8% in the fourth quarter. Rhumbline Advisers now owns 125,443 shares of the company’s stock worth $1,772,000 after buying an additional 3,386 shares during the last quarter. Institutional investors and hedge funds own 77.58% of the company’s stock.

Metallus Stock Performance

Shares of NYSE MTUS opened at $13.50 on Wednesday. The stock has a market cap of $573.46 million, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38. Metallus Inc. has a fifty-two week low of $12.96 and a fifty-two week high of $24.31. The stock has a fifty day moving average of $14.83 and a 200-day moving average of $15.15.

Metallus Company 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.