Constellium SE $CSTM Shares Purchased by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd increased its holdings in Constellium SE by 133.7% during the first quarter, bringing its total shares to 46,868, valued at approximately $473,000.
• Other institutional investors, including Allspring Global Investments and GAMMA Investing, have also significantly increased their stakes in Constellium, indicating growing institutional interest in the company.
• Constellium reported earnings of $0.25 per share, missing analysts' expectations of $0.28, despite a revenue of $2.10 billion for the quarter.

Dynamic Technology Lab Private Ltd boosted its holdings in shares of Constellium SE (NYSE:CSTM - Free Report) by 133.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,868 shares of the industrial products company's stock after buying an additional 26,817 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Constellium were worth $473,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC increased its position in shares of Constellium by 51.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 51,966 shares of the industrial products company's stock worth $526,000 after acquiring an additional 17,655 shares during the period. GAMMA Investing LLC grew its stake in 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 purchasing an additional 2,585 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Constellium by 40.0% during the 4th quarter. Ameriprise Financial Inc. now owns 122,672 shares of the industrial products company's stock worth $1,260,000 after purchasing an additional 35,080 shares during the period. Deutsche Bank AG increased its holdings in Constellium by 33.9% during the 4th quarter. Deutsche Bank AG now owns 125,389 shares of the industrial products company's stock worth $1,288,000 after purchasing an additional 31,713 shares during the period. Finally, Parallel Advisors LLC raised its position in Constellium by 519.2% in the 1st quarter. Parallel Advisors LLC now owns 4,941 shares of the industrial products company's stock valued at $50,000 after purchasing an additional 4,143 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

Constellium Stock Performance

Shares of Constellium stock opened at $14.49 on Thursday. The business has a 50-day simple moving average of $14.07 and a 200-day simple moving average of $12.23. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.53 and a current ratio of 1.23. Constellium SE has a one year low of $7.32 and a one year high of $17.27. The company has a market cap of $2.02 billion, a PE ratio of 76.28 and a beta of 1.70.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.03). Constellium had a return on equity of 3.43% and a net margin of 0.37%.The firm had revenue of $2.10 billion during the quarter, compared to analysts' expectations of $2.08 billion. On average, equities research analysts forecast 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.

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