Ethic Inc. Buys 41,527 Shares of Constellium SE (NYSE:CSTM)

Ethic Inc. grew its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 114.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,794 shares of the industrial products company's stock after purchasing an additional 41,527 shares during the period. Ethic Inc. owned approximately 0.05% of Constellium worth $799,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CSTM. Barclays PLC lifted its position in Constellium by 476.1% during the third quarter. Barclays PLC now owns 336,569 shares of the industrial products company's stock valued at $5,473,000 after purchasing an additional 278,149 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Constellium by 19.5% during the 3rd quarter. Franklin Resources Inc. now owns 163,657 shares of the industrial products company's stock valued at $2,661,000 after buying an additional 26,686 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Constellium by 35.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,395,607 shares of the industrial products company's stock valued at $22,693,000 after acquiring an additional 364,423 shares during the last quarter. Rockingstone Advisors LLC lifted its holdings in shares of Constellium by 48.1% in the 4th quarter. Rockingstone Advisors LLC now owns 250,917 shares of the industrial products company's stock valued at $2,577,000 after acquiring an additional 81,467 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in Constellium by 41.7% in the fourth quarter. SG Americas Securities LLC now owns 59,521 shares of the industrial products company's stock worth $611,000 after acquiring an additional 17,515 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

Constellium Stock Performance

Shares of NYSE:CSTM opened at $12.43 on Thursday. 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 company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 38.84 and a beta of 1.65. Constellium SE has a 12 month low of $7.33 and a 12 month high of $22.00. The firm's 50-day moving average is $10.17 and its 200 day moving average is $10.63.

Constellium (NYSE:CSTM - Get Free Report) last released its earnings results on Wednesday, April 30th. The industrial products company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.19. Constellium had a return on equity of 4.83% and a net margin of 0.67%. The firm had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.88 billion. During the same quarter in the prior year, the firm posted $0.11 earnings per share. The company's quarterly revenue was up 5.3% on a year-over-year basis. Research analysts predict that Constellium SE will post 1.1 EPS for the current year.

Analyst Ratings Changes

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

About Constellium

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.

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