Public Employees Retirement System of Ohio Has $2.53 Million Position in Constellium SE (NYSE:CSTM)

Public Employees Retirement System of Ohio increased its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 246,279 shares of the industrial products company's stock after purchasing an additional 25,580 shares during the quarter. Public Employees Retirement System of Ohio owned 0.17% of Constellium worth $2,529,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CSTM. T. Rowe Price Investment Management Inc. lifted its position in Constellium by 26.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,828,738 shares of the industrial products company's stock worth $203,642,000 after purchasing an additional 4,181,823 shares during the period. Nut Tree Capital Management LP raised its stake in Constellium by 52.8% during the fourth quarter. Nut Tree Capital Management LP now owns 5,500,000 shares of the industrial products company's stock worth $56,485,000 after acquiring an additional 1,900,000 shares in the last quarter. D. E. Shaw & Co. Inc. raised its stake in Constellium by 112.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,426,033 shares of the industrial products company's stock worth $24,915,000 after acquiring an additional 1,282,587 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Constellium by 242.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,522,400 shares of the industrial products company's stock worth $15,636,000 after acquiring an additional 1,078,196 shares in the last quarter. Finally, Bridgeway Capital Management LLC acquired a new position in Constellium during the fourth quarter worth about $8,615,000. Institutional investors own 92.59% of the company's stock.

Constellium Price Performance

NYSE CSTM traded up $0.19 during trading on Wednesday, hitting $12.87. 2,606,165 shares of the company's stock were exchanged, compared to its average volume of 1,466,549. 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 company has a market cap of $1.84 billion, a PE ratio of 40.22 and a beta of 1.65. Constellium SE has a fifty-two week low of $7.33 and a fifty-two week high of $21.23. The stock's 50 day moving average price is $10.35 and its two-hundred day moving average price is $10.69.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings data 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 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 firm posted $0.11 earnings per share. The firm's revenue was up 5.3% compared to the same quarter last year. Research analysts expect that Constellium SE will post 1.1 EPS for the current year.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised 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.

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.