Mariner LLC Raises Stock Holdings in Metallus Inc. (NYSE:MTUS)

Mariner LLC boosted its position in shares of Metallus Inc. (NYSE:MTUS) by 59.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 16,493 shares of the company’s stock after acquiring an additional 6,157 shares during the quarter. Mariner LLC’s holdings in Metallus were worth $233,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Quadrant Capital Group LLC grew its stake in shares of Metallus by 36.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company’s stock worth $42,000 after purchasing an additional 783 shares during the period. Vestcor Inc acquired a new stake in Metallus during the fourth quarter valued at $104,000. Proficio Capital Partners LLC purchased a new position in Metallus in the fourth quarter valued at $236,000. Jane Street Group LLC acquired a new position in shares of Metallus in the third quarter worth about $280,000. Finally, Ieq Capital LLC purchased a new stake in shares of Metallus during the 4th quarter worth about $273,000. 77.58% of the stock is owned by institutional investors and hedge funds.

Metallus Stock Down 1.1 %

Shares of Metallus stock opened at $13.04 on Wednesday. The firm has a market cap of $549.09 million, a PE ratio of 25.08, a P/E/G ratio of 1.02 and a beta of 1.44. Metallus Inc. has a twelve month low of $10.78 and a twelve month high of $24.31. The business has a 50-day moving average price of $13.18 and a 200 day moving average price of $14.45.

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.