Victory Capital Management Inc. Cuts Holdings in Metallus Inc. (NYSE:MTUS)

Victory Capital Management Inc. lessened its position in shares of Metallus Inc. (NYSE:MTUS) by 6.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 140,899 shares of the company’s stock after selling 9,191 shares during the quarter. Victory Capital Management Inc.’s holdings in Metallus were worth $1,991,000 at the end of the most recent quarter.

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

Metallus Stock Performance

Metallus stock opened at $13.88 on Tuesday. The firm has a market capitalization of $584.74 million, a PE ratio of 26.70, a price-to-earnings-growth ratio of 1.02 and a beta of 1.32. Metallus Inc. has a one year low of $12.96 and a one year high of $24.31. The stock’s 50 day moving average price is $14.79 and its 200 day moving average price is $14.97.

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.