Farmers Trust Co. Boosts Stake in Metallus Inc. (NYSE:MTUS)

Farmers Trust Co. increased its stake in Metallus Inc. (NYSE:MTUS) by 6.1% during the 4th quarter, HoldingsChannel reports. The firm owned 43,550 shares of the company’s stock after buying an additional 2,500 shares during the period. Farmers Trust Co.’s holdings in Metallus were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. FMR LLC purchased a new position in shares of Metallus in the third quarter worth approximately $29,000. Mark Sheptoff Financial Planning LLC bought a new stake in Metallus during the 3rd quarter valued at approximately $41,000. Huntington National Bank bought a new position in shares of Metallus during the third quarter worth $49,000. Y Intercept Hong Kong Ltd bought a new position in shares of Metallus during the 3rd quarter valued at about $156,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Metallus during the third quarter valued at approximately $159,000. Hedge funds and other institutional investors own 77.58% of the company’s stock.

Metallus Trading Down 1.8 %

Shares of MTUS stock traded down $0.25 on Wednesday, reaching $13.46. The company’s stock had a trading volume of 128,044 shares, compared to its average volume of 292,740. Metallus Inc. has a 1 year low of $13.28 and a 1 year high of $24.31. The company has a market capitalization of $571.97 million, a price-to-earnings ratio of 25.89, a price-to-earnings-growth ratio of 1.66 and a beta of 1.39. The stock’s fifty day simple moving average is $15.24 and its 200-day simple moving average is $16.59.

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.