Quest Partners LLC Invests $261,000 in Metallus Inc. (NYSE:MTUS)

Quest Partners LLC purchased a new position in shares of Metallus Inc. (NYSE:MTUS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,630 shares of the company’s stock, valued at approximately $261,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new stake in shares of Metallus during the third quarter worth about $445,000. Empowered Funds LLC bought a new stake in Metallus in the third quarter valued at approximately $3,565,000. Royce & Associates LP bought a new stake in Metallus in the third quarter valued at approximately $14,301,000. Huntington National Bank bought a new stake in Metallus in the third quarter valued at approximately $49,000. Finally, Victory Capital Management Inc. bought a new stake in Metallus in the third quarter valued at approximately $2,226,000. 77.58% of the stock is currently owned by institutional investors.

Metallus Price Performance

Shares of MTUS stock opened at $15.96 on Wednesday. The business’s 50 day simple moving average is $14.85 and its 200 day simple moving average is $18.16. Metallus Inc. has a one year low of $13.82 and a one year high of $24.31. The stock has a market capitalization of $677.93 million, a PE ratio of 30.48, a PEG ratio of 1.62 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.