SG Americas Securities LLC Boosts Holdings in Constellium SE (NYSE:CSTM)

SG Americas Securities LLC raised its holdings in Constellium SE (NYSE:CSTM - Free Report) by 613.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 424,649 shares of the industrial products company's stock after buying an additional 365,128 shares during the period. SG Americas Securities LLC owned about 0.30% of Constellium worth $4,285,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC increased its stake in shares of Constellium by 2,485.6% during the first 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 during the period. Parallel Advisors LLC boosted its stake 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 during the period. New Age Alpha Advisors LLC acquired a new position in Constellium in the 4th quarter valued at $70,000. Quadrant Capital Group LLC increased its position in 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 during the period. Finally, Virtu Financial LLC bought a new position in Constellium during the 4th quarter worth $106,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Constellium Trading Up 0.4%

NYSE:CSTM traded up $0.06 during mid-day trading on Tuesday, hitting $13.51. 1,182,538 shares of the company's stock were exchanged, compared to its average volume of 1,475,931. Constellium SE has a fifty-two week low of $7.33 and a fifty-two week high of $20.67. The company has a current ratio of 1.24, a quick ratio of 0.53 and a debt-to-equity ratio of 2.49. The firm has a market capitalization of $1.93 billion, a P/E ratio of 29.37 and a beta of 1.69. The company has a 50 day simple moving average of $11.16 and a 200-day simple moving average of $10.76.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.19. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.88 billion. Constellium had a return on equity of 7.74% and a net margin of 0.92%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share. As a group, research analysts expect that Constellium SE will post 1.1 earnings per share for the current year.

Analysts Set New Price Targets

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

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.