Constellium SE (NYSE:CSTM) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its stake in shares of Constellium SE (NYSE:CSTM - Free Report) by 51.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,966 shares of the industrial products company's stock after acquiring an additional 17,655 shares during the period. Allspring Global Investments Holdings LLC's holdings in Constellium were worth $526,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of Constellium by 2,485.6% during the 1st quarter. GAMMA Investing LLC now owns 2,689 shares of the industrial products company's stock worth $27,000 after buying an additional 2,585 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Constellium by 519.2% during the 1st quarter. Parallel Advisors LLC now owns 4,941 shares of the industrial products company's stock worth $50,000 after buying an additional 4,143 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in shares of Constellium during the 4th quarter worth approximately $70,000. Quadrant Capital Group LLC raised its stake in shares of Constellium by 25.8% during the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock worth $82,000 after buying an additional 1,645 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Constellium during the 4th quarter worth approximately $106,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

Constellium Stock Performance

Shares of CSTM stock traded down $0.33 during trading hours on Friday, reaching $14.12. 1,200,930 shares of the company's stock were exchanged, compared to its average volume of 1,504,915. The company has a market cap of $2.02 billion, a P/E ratio of 30.70 and a beta of 1.69. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.24 and a quick ratio of 0.53. The company's 50 day moving average is $12.84 and its two-hundred day moving average is $11.07. Constellium SE has a 1 year low of $7.33 and a 1 year high of $19.65.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.19. The business had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.88 billion. Constellium had a return on equity of 7.74% and a net margin of 0.92%. The company's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 EPS. Equities research analysts anticipate that Constellium SE will post 1.1 EPS for the current fiscal year.

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.