Jump Financial LLC Sells 48,153 Shares of Constellium SE (NYSE:CSTM)

Jump Financial LLC lowered its stake in Constellium SE (NYSE:CSTM - Free Report) by 44.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,431 shares of the industrial products company's stock after selling 48,153 shares during the quarter. Jump Financial LLC's holdings in Constellium were worth $621,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. purchased a new stake in shares of Constellium during the 4th quarter valued at about $31,000. New Age Alpha Advisors LLC purchased a new stake in Constellium in the fourth quarter worth about $70,000. Quadrant Capital Group LLC boosted its stake in shares of Constellium by 25.8% during the fourth quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock valued at $82,000 after purchasing an additional 1,645 shares in the last quarter. Virtu Financial LLC bought a new position in Constellium in the fourth quarter worth approximately $106,000. Finally, Mariner LLC purchased a new stake in Constellium during the fourth quarter worth $107,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

Constellium Trading Up 1.3 %

Shares of CSTM traded up $0.12 during midday trading on Tuesday, hitting $9.27. The stock had a trading volume of 351,696 shares, compared to its average volume of 1,353,725. The firm has a market cap of $1.32 billion, a P/E ratio of 28.88 and a beta of 1.65. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. The business has a 50-day simple moving average of $10.15 and a two-hundred day simple moving average of $10.79. Constellium SE has a fifty-two week low of $7.33 and a fifty-two week high of $22.00.

Constellium (NYSE:CSTM - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.47). The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.69 billion. Constellium had a net margin of 0.67% and a return on equity of 4.83%. As a group, equities analysts forecast that Constellium SE will post 1.1 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upgraded Constellium from a "hold" rating to a "buy" rating and set a $15.00 target price on the stock in a research note on Tuesday, February 25th.

Constellium Profile

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the packaging, aerospace, automotive, defense, and other transportation and industry end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.