Jefferies Financial Group Inc. Invests $2.38 Million in Constellium SE (NYSE:CSTM)

Jefferies Financial Group Inc. bought a new stake in Constellium SE (NYSE:CSTM - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 232,166 shares of the industrial products company's stock, valued at approximately $2,384,000. Jefferies Financial Group Inc. owned approximately 0.16% of Constellium at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Public Employees Retirement System of Ohio grew its holdings in Constellium by 11.6% during the fourth quarter. Public Employees Retirement System of Ohio now owns 246,279 shares of the industrial products company's stock valued at $2,529,000 after purchasing an additional 25,580 shares during the period. PharVision Advisers LLC bought a new stake in Constellium during the fourth quarter valued at approximately $168,000. Voloridge Investment Management LLC lifted its holdings in shares of Constellium by 80.8% during the 4th quarter. Voloridge Investment Management LLC now owns 1,529,818 shares of the industrial products company's stock worth $15,711,000 after acquiring an additional 683,876 shares during the last quarter. Westwood Holdings Group Inc. lifted its stake in Constellium by 6.1% during the fourth quarter. Westwood Holdings Group Inc. now owns 5,810,189 shares of the industrial products company's stock worth $59,671,000 after purchasing an additional 334,639 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its position in Constellium by 1.0% in the 4th quarter. Squarepoint Ops LLC now owns 114,587 shares of the industrial products company's stock worth $1,177,000 after buying an additional 1,164 shares during the last quarter. Institutional investors own 92.59% of the company's stock.

Analysts Set New Price Targets

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

Constellium Price Performance

Shares of CSTM traded down $0.14 during mid-day trading on Friday, reaching $12.15. The stock had a trading volume of 4,312,680 shares, compared to its average volume of 1,462,382. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 37.97 and a beta of 1.65. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. The business has a fifty day moving average of $10.23 and a 200 day moving average of $10.65. Constellium SE has a 12 month low of $7.33 and a 12 month high of $22.00.

Constellium (NYSE:CSTM - Get Free Report) last announced its quarterly 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 company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company earned $0.11 earnings per share. The firm's revenue was up 5.3% on a year-over-year basis. Equities analysts predict that Constellium SE will post 1.1 EPS for the current year.

Constellium Company 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.