55,776 Shares in Metallus Inc. (NYSE:MTUS) Acquired by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. acquired a new stake in shares of Metallus Inc. (NYSE:MTUS) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 55,776 shares of the company’s stock, valued at approximately $827,000. Jacobs Levy Equity Management Inc. owned approximately 0.13% of Metallus at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC purchased a new position in shares of Metallus in the third quarter valued at $29,000. Mark Sheptoff Financial Planning LLC bought a new position in Metallus during the third quarter valued at $41,000. Huntington National Bank purchased a new position in shares of Metallus in the 3rd quarter worth $49,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Metallus in the 3rd quarter worth about $159,000. Finally, Amalgamated Bank bought a new stake in shares of Metallus in the 3rd quarter worth about $172,000. 77.58% of the stock is currently owned by institutional investors.

Metallus Trading Up 3.3 %

Shares of NYSE:MTUS opened at $17.00 on Tuesday. The company has a 50-day moving average price of $15.15 and a 200 day moving average price of $17.69. Metallus Inc. has a 12 month low of $13.82 and a 12 month high of $24.31. The company has a market cap of $722.40 million, a price-to-earnings ratio of 32.69, a PEG ratio of 1.71 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.