15,687 Shares in Metallus Inc. (NYSE:MTUS) Acquired by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. purchased a new stake in shares of Metallus Inc. (NYSE:MTUS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,687 shares of the company’s stock, valued at approximately $233,000.

A number of other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Metallus in the third quarter valued at about $462,000. Sequoia Financial Advisors LLC acquired a new stake in Metallus in the 3rd quarter valued at approximately $566,000. Everence Capital Management Inc. bought a new position in Metallus in the 3rd quarter worth approximately $256,000. Fruth Investment Management acquired a new position in shares of Metallus during the third quarter worth approximately $811,000. Finally, Creative Planning bought a new stake in shares of Metallus in the third quarter valued at approximately $183,000. Institutional investors own 77.58% of the company’s stock.

Metallus Trading Up 1.1 %

Shares of MTUS stock opened at $14.17 on Friday. The firm has a market capitalization of $615.83 million, a P/E ratio of 12.22, a price-to-earnings-growth ratio of 1.00 and a beta of 1.35. Metallus Inc. has a 1 year low of $13.82 and a 1 year high of $24.31. The firm’s fifty day simple moving average is $15.17 and its 200 day simple moving average is $19.16.

Metallus (NYSE:MTUS) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.24). Metallus had a return on equity of 10.10% and a net margin of 4.21%. The company had revenue of $294.70 million for the quarter, compared to the consensus estimate of $320.37 million. During the same quarter in the previous year, the firm posted $0.60 EPS. The business’s revenue for the quarter was down 17.4% compared to the same quarter last year. Equities research analysts anticipate that Metallus Inc. will post 0.96 EPS for the current fiscal 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.