Metallus Inc. (NYSE:MTUS) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its stake in shares of Metallus Inc. (NYSE:MTUS) by 2.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,018,033 shares of the company’s stock after selling 22,100 shares during the period. Renaissance Technologies LLC owned approximately 2.40% of Metallus worth $14,385,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MTUS. FMR LLC purchased a new stake in shares of Metallus during the third quarter worth about $29,000. Quadrant Capital Group LLC increased its holdings in 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 last quarter. Vestcor Inc acquired a new position in shares of Metallus in the 4th quarter valued at approximately $104,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Metallus in the 3rd quarter valued at approximately $156,000. Finally, Franklin Resources Inc. purchased a new position in shares of Metallus during the 3rd quarter valued at approximately $178,000. Hedge funds and other institutional investors own 77.58% of the company’s stock.

Metallus Trading Up 0.1 %

Shares of NYSE:MTUS opened at $12.69 on Tuesday. The firm has a market cap of $534.35 million, a PE ratio of 24.40, a price-to-earnings-growth ratio of 1.02 and a beta of 1.11. The company has a fifty day simple moving average of $14.04 and a 200 day simple moving average of $14.63. Metallus Inc. has a 12-month low of $10.78 and a 12-month high of $24.31.

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.