Cwm LLC lifted its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 353.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,016 shares of the industrial products company's stock after buying an additional 24,174 shares during the period. Cwm LLC's holdings in Constellium were worth $413,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. GAMMA Investing LLC grew its position in Constellium by 2,485.6% in the first 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 during the last quarter. Harvest Fund Management Co. Ltd bought a new position in Constellium in the 1st quarter worth $38,000. US Bancorp DE raised its holdings in Constellium by 1,034.7% in the 1st quarter. US Bancorp DE now owns 5,163 shares of the industrial products company's stock worth $52,000 after acquiring an additional 4,708 shares during the period. Signaturefd LLC increased its holdings in shares of Constellium by 20.3% during the 1st quarter. Signaturefd LLC now owns 6,002 shares of the industrial products company's stock worth $61,000 after purchasing an additional 1,013 shares during the period. Finally, Cerity Partners LLC bought a new stake in Constellium in the first quarter valued at about $146,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.
Constellium Stock Performance
Shares of CSTM stock opened at $16.90 on Friday. The firm has a 50-day moving average of $14.99 and a 200-day moving average of $13.25. The company has a market cap of $2.36 billion, a P/E ratio of 88.93 and a beta of 1.71. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.23 and a quick ratio of 0.53. Constellium SE has a one year low of $7.32 and a one year high of $17.34.
Constellium (NYSE:CSTM - Get Free Report) last announced its earnings results on Tuesday, July 29th. The industrial products company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.03). Constellium had a net margin of 0.37% and a return on equity of 3.43%. The firm had revenue of $2.10 billion during the quarter, compared to analysts' expectations of $2.08 billion. Equities research analysts forecast that Constellium SE will post 1.1 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
CSTM has been the topic of several analyst reports. Wells Fargo & Company began coverage on shares of Constellium in a report on Wednesday, October 8th. They issued an "equal weight" rating and a $16.00 target price on the stock. Wall Street Zen raised shares of Constellium from a "hold" rating to a "buy" rating in a report on Sunday, October 19th. Zacks Research downgraded shares of Constellium from a "hold" rating to a "strong sell" rating in a report on Thursday, October 2nd. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of Constellium in a research report on Friday. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $15.50.
Read Our Latest Report on CSTM
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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