Vestcor Inc Takes Position in Metallus Inc. (NYSE:MTUS)

Vestcor Inc bought a new stake in shares of Metallus Inc. (NYSE:MTUS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,338 shares of the company’s stock, valued at approximately $104,000.

Several other large investors have also recently made changes to their positions in the business. State Street Corp purchased a new position in shares of Metallus during the third quarter valued at approximately $32,439,000. Pacer Advisors Inc. purchased a new position in shares of Metallus during the third quarter valued at approximately $27,669,000. Systematic Financial Management LP purchased a new position in shares of Metallus during the third quarter valued at approximately $16,359,000. Janus Henderson Group PLC bought a new stake in shares of Metallus during the third quarter valued at approximately $15,534,000. Finally, Geode Capital Management LLC bought a new stake in shares of Metallus during the third quarter valued at approximately $13,888,000. 77.58% of the stock is currently owned by hedge funds and other institutional investors.

Metallus Stock Down 1.6 %

Shares of MTUS opened at $13.63 on Wednesday. The company has a market capitalization of $574.17 million, a P/E ratio of 26.22, a price-to-earnings-growth ratio of 1.02 and a beta of 1.32. The firm has a 50 day moving average of $14.79 and a 200 day moving average of $14.95. Metallus Inc. has a twelve month low of $12.96 and a twelve month high of $24.31.

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.