25,439 Shares in Constellium SE (NYSE:CSTM) Bought by Highland Capital Management LLC

Highland Capital Management LLC acquired a new position in shares of Constellium SE (NYSE:CSTM - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 25,439 shares of the industrial products company's stock, valued at approximately $257,000.

Several other large investors have also made changes to their positions in CSTM. SummerHaven Investment Management LLC increased its stake in Constellium by 3.6% during the first quarter. SummerHaven Investment Management LLC now owns 42,132 shares of the industrial products company's stock worth $425,000 after acquiring an additional 1,448 shares during the last quarter. Rockingstone Advisors LLC raised its holdings in Constellium by 11.4% in the first quarter. Rockingstone Advisors LLC now owns 279,562 shares of the industrial products company's stock valued at $2,821,000 after buying an additional 28,645 shares during the period. SG Americas Securities LLC lifted its position in Constellium by 613.4% during the first quarter. SG Americas Securities LLC now owns 424,649 shares of the industrial products company's stock valued at $4,285,000 after buying an additional 365,128 shares in the last quarter. GAMMA Investing LLC lifted its position in Constellium by 2,485.6% during the first quarter. GAMMA Investing LLC now owns 2,689 shares of the industrial products company's stock valued at $27,000 after buying an additional 2,585 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in Constellium by 9.1% during the first quarter. Rhumbline Advisers now owns 186,659 shares of the industrial products company's stock worth $1,883,000 after buying an additional 15,581 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

Constellium Trading Up 2.9%

Shares of CSTM stock traded up $0.41 during mid-day trading on Thursday, reaching $14.56. The company's stock had a trading volume of 1,277,432 shares, compared to its average volume of 1,500,368. The company's 50 day simple moving average is $12.22 and its 200-day simple moving average is $10.88. Constellium SE has a 12-month low of $7.33 and a 12-month high of $19.65. The company has a quick ratio of 0.53, a current ratio of 1.24 and a debt-to-equity ratio of 2.49. The firm has a market capitalization of $2.08 billion, a PE ratio of 31.65 and a beta of 1.69.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.07 by $0.19. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates 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 posted $0.11 earnings per share. On average, research analysts predict that Constellium SE will post 1.1 EPS for the current fiscal year.

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.