UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires Shares of 74,412 Metallus Inc. (NYSE:MTUS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Metallus Inc. (NYSE:MTUS) in the third quarter, Holdings Channel reports. The firm bought 74,412 shares of the company’s stock, valued at approximately $1,104,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. SG Americas Securities LLC purchased a new position in Metallus in the third quarter valued at about $189,000. Farmers Trust Co. bought a new stake in shares of Metallus in the 3rd quarter valued at approximately $609,000. Inspire Investing LLC bought a new stake in shares of Metallus in the 3rd quarter valued at approximately $414,000. Exchange Traded Concepts LLC acquired a new position in Metallus in the third quarter worth approximately $942,000. Finally, Creative Planning acquired a new stake in Metallus in the third quarter valued at approximately $183,000. 77.58% of the stock is currently owned by hedge funds and other institutional investors.

Metallus Trading Down 5.0 %

Metallus stock opened at $14.87 on Thursday. Metallus Inc. has a 1-year low of $13.82 and a 1-year high of $24.31. The firm’s fifty day simple moving average is $15.38 and its 200-day simple moving average is $17.36. The company has a market capitalization of $631.89 million, a P/E ratio of 28.60, a P/E/G ratio of 1.66 and a beta of 1.39.

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.