GAMMA Investing LLC lifted its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 25,988.5% in the first quarter, according to its most recent 13F filing with the SEC. 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 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. New Age Alpha Advisors LLC purchased a new stake in shares of Constellium during the 4th quarter worth about $70,000. Quadrant Capital Group LLC boosted its holdings in Constellium by 25.8% in the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock worth $82,000 after acquiring an additional 1,645 shares during the period. Virtu Financial LLC purchased a new position in Constellium in the 4th quarter worth approximately $106,000. Mariner LLC purchased a new position in Constellium in the 4th quarter worth approximately $107,000. Finally, 111 Capital purchased a new position in Constellium in the 4th quarter worth approximately $113,000. Hedge funds and other institutional investors own 92.59% of the company's stock.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft upgraded Constellium from a "hold" rating to a "buy" rating and set a $15.00 price target for the company in a report on Tuesday, February 25th.
View Our Latest Report on CSTM
Constellium Stock Performance
Shares of CSTM stock traded down $0.23 on Monday, hitting $13.44. 1,159,884 shares of the stock traded hands, compared to its average volume of 1,474,275. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. The company has a market capitalization of $1.92 billion, a PE ratio of 42.01 and a beta of 1.69. Constellium SE has a 1-year low of $7.33 and a 1-year high of $20.67. The company's fifty day moving average is $11.06 and its 200 day moving average is $10.74.
Constellium (NYSE:CSTM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.19. Constellium had a return on equity of 4.83% and a net margin of 0.67%. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company posted $0.11 EPS. The business's revenue was up 5.3% compared to the same quarter last year. On average, equities research analysts predict that Constellium SE will post 1.1 earnings per share for the current fiscal year.
About Constellium
(
Free Report)
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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