Public Employees Retirement System of Ohio maintained its position in Mechel PAO (NYSE:MTL) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,700 shares of the basic materials company’s stock at the end of the first quarter. Public Employees Retirement System of Ohio’s holdings in Mechel PAO were worth $174,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in Mechel PAO by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 169,874 shares of the basic materials company’s stock worth $903,000 after buying an additional 35,364 shares in the last quarter. Jane Street Group LLC purchased a new stake in Mechel PAO during the first quarter worth about $855,000. Bank of America Corp DE increased its stake in Mechel PAO by 11.9% in the first quarter. Bank of America Corp DE now owns 479,856 shares of the basic materials company’s stock worth $2,553,000 after buying an additional 50,980 shares during the last quarter. California Public Employees Retirement System increased its stake in Mechel PAO by 24.1% in the first quarter. California Public Employees Retirement System now owns 1,063,050 shares of the basic materials company’s stock worth $5,655,000 after buying an additional 206,400 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in Mechel PAO by 56.7% in the first quarter. Van ECK Associates Corp now owns 1,761,309 shares of the basic materials company’s stock worth $9,370,000 after buying an additional 637,478 shares during the last quarter. 8.33% of the stock is currently owned by institutional investors.

Mechel PAO (NYSE MTL) traded down 1.23% during mid-day trading on Friday, reaching $4.83. The company’s stock had a trading volume of 60,984 shares. The firm’s 50 day moving average is $4.82 and its 200-day moving average is $5.23. Mechel PAO has a 12-month low of $1.58 and a 12-month high of $6.83. The company has a market cap of $1.01 billion, a PE ratio of 4.38 and a beta of -1.08.

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Separately, BidaskClub raised Mechel PAO from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th.

About Mechel PAO

Mechel PAO, formerly Mechel OAO, is a holding company. The Company operates in the mining, steel and power industry segments. Its segments include Steel segment, comprising production and sales of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products, including forgings, stampings, and hardware, and ferrosilicon; Mining segment, comprising production and sales of coal (coking and steam), and middlings, coke and chemical products, and iron ore, which supplies raw materials to the Steel and Power segments, and also sells raw materials to third parties, and Power segment, comprising generation and sales of electricity and heat power, which supplies electricity and heat power to the Steel and Mining segments, and also sells a portion of electricity and heat power to third parties.

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Institutional Ownership by Quarter for Mechel PAO (NYSE:MTL)

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