Constellium SE (NYSE:CSTM) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC raised its stake in shares of Constellium SE (NYSE:CSTM - Free Report) by 25,988.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,132 shares of the industrial products company's stock after purchasing an additional 27,028 shares during the quarter. GAMMA Investing LLC's holdings in Constellium were worth $2,689,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. 111 Capital purchased a new position in shares of Constellium in the fourth quarter worth $113,000. Jefferies Financial Group Inc. purchased a new stake in shares of Constellium in the 4th quarter worth $2,384,000. Public Employees Retirement System of Ohio increased its holdings in Constellium by 11.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 246,279 shares of the industrial products company's stock worth $2,529,000 after acquiring an additional 25,580 shares in the last quarter. PharVision Advisers LLC bought a new stake in shares of Constellium during the 4th quarter valued at $168,000. Finally, Voloridge Investment Management LLC raised its stake in 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 valued at $15,711,000 after purchasing an additional 683,876 shares during the period. 92.59% of the stock is currently owned by institutional investors.

Constellium Trading Down 2.1%

CSTM traded down $0.30 on Friday, reaching $13.66. 1,402,874 shares of the company traded hands, compared to its average volume of 1,472,871. The firm has a fifty day simple moving average of $10.83 and a two-hundred day simple moving average of $10.75. The company has a market cap of $1.95 billion, a P/E ratio of 42.69 and a beta of 1.69. Constellium SE has a one year low of $7.33 and a one year high of $20.67. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93.

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

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded 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.