Metallus Inc. $MTUS Shares Acquired by Boston Partners

Boston Partners raised its position in shares of Metallus Inc. (NYSE:MTUS) by 27.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,160 shares of the company’s stock after purchasing an additional 9,494 shares during the period. Boston Partners owned 0.11% of Metallus worth $681,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC raised its holdings in shares of Metallus by 60.2% during the first quarter. CWM LLC now owns 3,421 shares of the company’s stock valued at $46,000 after buying an additional 1,286 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Metallus in the 1st quarter valued at approximately $67,000. Huntington National Bank raised its stake in Metallus by 85.1% during the 2nd quarter. Huntington National Bank now owns 5,470 shares of the company’s stock valued at $84,000 after acquiring an additional 2,515 shares in the last quarter. Strs Ohio bought a new stake in Metallus during the 1st quarter valued at $142,000. Finally, EntryPoint Capital LLC acquired a new position in Metallus during the 1st quarter worth $199,000. Institutional investors own 77.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MTUS. Weiss Ratings reissued a “sell (d)” rating on shares of Metallus in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Metallus from a “buy” rating to a “hold” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $24.00.

Metallus Stock Down 0.2%

Shares of MTUS stock opened at $16.91 on Monday. The stock has a 50-day simple moving average of $16.81 and a 200 day simple moving average of $15.90. The stock has a market capitalization of $704.28 million, a P/E ratio of -33.16, a P/E/G ratio of 2.02 and a beta of 1.48. Metallus Inc. has a fifty-two week low of $10.78 and a fifty-two week high of $18.50.

Metallus (NYSE:MTUS) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. Metallus had a negative net margin of 2.12% and a positive return on equity of 0.56%. The company had revenue of $241.90 million during the quarter, compared to the consensus estimate of $307.90 million. On average, sell-side analysts anticipate that Metallus Inc. will post 0.66 earnings per share for the current year.

About Metallus

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.