Deutsche Bank AG Grows Stock Holdings in Constellium SE (NYSE:CSTM)

Deutsche Bank AG lifted its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 33.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 125,389 shares of the industrial products company's stock after buying an additional 31,713 shares during the quarter. Deutsche Bank AG owned approximately 0.09% of Constellium worth $1,288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Handelsbanken Fonder AB raised its stake in Constellium by 9.7% in the 4th quarter. Handelsbanken Fonder AB now owns 17,000 shares of the industrial products company's stock valued at $175,000 after purchasing an additional 1,500 shares during the last quarter. Quadrant Capital Group LLC raised its stake 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 valued at $82,000 after purchasing an additional 1,645 shares during the last quarter. MetLife Investment Management LLC raised its stake in Constellium by 2.7% in the 4th quarter. MetLife Investment Management LLC now owns 76,659 shares of the industrial products company's stock valued at $787,000 after purchasing an additional 1,989 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in Constellium in the 4th quarter valued at about $31,000. Finally, Algert Global LLC raised its stake in Constellium by 15.3% in the 4th quarter. Algert Global LLC now owns 32,040 shares of the industrial products company's stock valued at $329,000 after purchasing an additional 4,250 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Constellium Trading Down 0.4%

Shares of NYSE CSTM traded down $0.06 on Wednesday, reaching $12.25. 928,673 shares of the company traded hands, compared to its average volume of 1,446,505. Constellium SE has a fifty-two week low of $7.33 and a fifty-two week high of $22.00. The company has a 50 day moving average of $10.18 and a 200 day moving average of $10.65. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. The stock has a market capitalization of $1.75 billion, a PE ratio of 38.27 and a beta of 1.65.

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

Analyst Upgrades and Downgrades

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

About Constellium

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.