UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 4,732 Shares of Metallus Inc. (NYSE:MTUS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Metallus Inc. (NYSE:MTUS) by 6.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,144 shares of the company’s stock after acquiring an additional 4,732 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.19% of Metallus worth $1,118,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its stake in shares of Metallus by 5.1% in the fourth quarter. Empowered Funds LLC now owns 252,700 shares of the company’s stock worth $3,571,000 after buying an additional 12,291 shares during the last quarter. Azarias Capital Management L.P. acquired a new stake in shares of Metallus in the fourth quarter worth $9,382,000. Rhumbline Advisers lifted its stake in shares of Metallus by 2.8% in the fourth quarter. Rhumbline Advisers now owns 125,443 shares of the company’s stock worth $1,772,000 after buying an additional 3,386 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Metallus by 1.8% in the fourth quarter. Principal Financial Group Inc. now owns 202,805 shares of the company’s stock worth $2,866,000 after buying an additional 3,511 shares during the last quarter. Finally, Ieq Capital LLC acquired a new stake in shares of Metallus in the fourth quarter worth $273,000. 77.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Metallus from a “sell” rating to a “hold” rating in a research note on Friday, May 30th. Sidoti upgraded shares of Metallus to a “hold” rating in a research note on Friday, May 9th.

Metallus Price Performance

NYSE:MTUS opened at $14.58 on Tuesday. The stock has a market cap of $613.72 million, a P/E ratio of 28.03, a PEG ratio of 1.02 and a beta of 1.33. Metallus Inc. has a one year low of $10.78 and a one year high of $23.26. The company has a fifty day moving average price of $12.88 and a 200 day moving average price of $14.16.

Metallus (NYSE:MTUS) last released its earnings results on Thursday, May 8th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.04). The company had revenue of $280.50 million for the quarter, compared to analyst estimates of $264.03 million. Metallus had a net margin of 2.05% and a return on equity of 6.15%. Metallus’s revenue for the quarter was down 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.56 earnings per share. As a group, equities research analysts anticipate that Metallus Inc. will post 0.66 EPS for the current year.

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.