Metallus (NYSE:MTUS) COO Kristopher Westbrooks Sells 2,128 Shares

Metallus Inc. (NYSE:MTUS) COO Kristopher Westbrooks sold 2,128 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $21.28, for a total transaction of $45,283.84. Following the completion of the sale, the chief operating officer owned 189,076 shares in the company, valued at $4,023,537.28. This represents a 1.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Metallus Price Performance

Shares of Metallus stock traded up $0.32 during trading hours on Wednesday, hitting $21.37. The company’s stock had a trading volume of 426,565 shares, compared to its average volume of 384,251. The company has a market capitalization of $890.06 million, a PE ratio of -112.47, a price-to-earnings-growth ratio of 1.22 and a beta of 1.48. The stock has a 50 day moving average of $18.55 and a 200 day moving average of $17.26. Metallus Inc. has a 12 month low of $10.78 and a 12 month high of $21.54.

Metallus (NYSE:MTUS) last announced its earnings results on Thursday, November 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.17 by $0.11. The firm had revenue of $241.90 million for the quarter, compared to the consensus estimate of $307.90 million. Metallus had a negative net margin of 0.73% and a positive return on equity of 2.94%. Equities analysts expect that Metallus Inc. will post 0.66 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Metallus from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Zacks Research raised Metallus from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Metallus in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Metallus has a consensus rating of “Hold” and an average price target of $24.00.

Institutional Investors Weigh In On Metallus

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Metallus during the 3rd quarter worth about $33,000. iSAM Funds UK Ltd acquired a new position in Metallus during the third quarter worth approximately $53,000. Huntington National Bank raised its stake in Metallus by 85.1% in the second quarter. Huntington National Bank now owns 5,470 shares of the company’s stock valued at $84,000 after buying an additional 2,515 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Metallus in the second quarter valued at approximately $110,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of Metallus by 138.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,038 shares of the company’s stock worth $149,000 after acquiring an additional 5,246 shares during the period. Institutional investors own 77.58% of the company’s stock.

About Metallus

Metallus, Inc (NYSE:MTUS) is an industrial metals recycling and distribution company that acquires, processes and markets a wide array of ferrous and non-ferrous materials. Its product portfolio includes stainless steel, nickel alloys, aluminum and other specialty metals sourced from manufacturing scrap, obsolete products and post-consumer waste streams. Metallus provides services such as shredding, sorting, melting and baling, enabling its customers to optimize metal recovery and streamline supply chains.

Headquartered in Philadelphia, Pennsylvania, the company operates processing facilities and distribution centers across the United States, facilitating efficient logistics and regional collection of metal grades.