State of Wyoming Raises Holdings in Metallus Inc. (NYSE:MTUS)

State of Wyoming boosted its stake in shares of Metallus Inc. (NYSE:MTUS) by 9.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,831 shares of the company’s stock after acquiring an additional 1,541 shares during the quarter. State of Wyoming’s holdings in Metallus were worth $252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of MTUS. Quadrant Capital Group LLC raised its position in Metallus by 36.3% during the 4th quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company’s stock valued at $42,000 after purchasing an additional 783 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Metallus by 103.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company’s stock valued at $67,000 after purchasing an additional 2,431 shares during the last quarter. Vestcor Inc bought a new position in Metallus during the 4th quarter valued at approximately $104,000. ProShare Advisors LLC bought a new position in Metallus during the 4th quarter valued at approximately $181,000. Finally, Mariner LLC raised its position in Metallus by 59.6% during the 4th quarter. Mariner LLC now owns 16,493 shares of the company’s stock valued at $233,000 after purchasing an additional 6,157 shares during the last quarter. 77.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wall Street Zen lowered Metallus from a “hold” rating to a “sell” rating in a research report on Thursday. Sidoti raised Metallus to a “hold” rating in a research report on Friday, May 9th.

Metallus Stock Performance

Shares of NYSE:MTUS opened at $12.32 on Friday. Metallus Inc. has a 52-week low of $10.78 and a 52-week high of $24.28. The firm has a market capitalization of $518.60 million, a P/E ratio of 23.69, a P/E/G ratio of 1.02 and a beta of 1.44. The stock has a 50 day moving average price of $12.92 and a 200-day moving average price of $14.32.

Metallus (NYSE:MTUS) last announced its earnings results on Thursday, May 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.04). Metallus had a return on equity of 6.15% and a net margin of 2.05%. The firm had revenue of $280.50 million during the quarter, compared to the consensus estimate of $264.03 million. During the same period in the prior year, the company posted $0.56 EPS. The firm’s revenue was down 12.8% on a year-over-year basis. On average, equities analysts forecast that Metallus Inc. will post 0.66 EPS for the current fiscal year.

Metallus 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.