Troluce Capital Advisors LLC Makes New $1.28 Million Investment in Constellium SE (NYSE:CSTM)

Troluce Capital Advisors LLC acquired a new stake in shares of Constellium SE (NYSE:CSTM - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 125,000 shares of the industrial products company's stock, valued at approximately $1,284,000. Constellium comprises about 0.0% of Troluce Capital Advisors LLC's portfolio, making the stock its 22nd largest holding. Troluce Capital Advisors LLC owned about 0.09% of Constellium as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Shay Capital LLC bought a new stake in Constellium in the fourth quarter valued at $665,000. Point72 Hong Kong Ltd lifted its position in shares of Constellium by 9.3% in the 4th quarter. Point72 Hong Kong Ltd now owns 27,878 shares of the industrial products company's stock worth $286,000 after purchasing an additional 2,381 shares during the period. ProShare Advisors LLC boosted its stake in shares of Constellium by 47.6% during the 4th quarter. ProShare Advisors LLC now owns 40,044 shares of the industrial products company's stock valued at $411,000 after purchasing an additional 12,915 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Constellium by 55.8% during the fourth quarter. Quantinno Capital Management LP now owns 21,659 shares of the industrial products company's stock valued at $222,000 after buying an additional 7,760 shares during the period. Finally, Man Group plc increased its position in shares of Constellium by 11.4% during the fourth quarter. Man Group plc now owns 615,470 shares of the industrial products company's stock valued at $6,321,000 after buying an additional 63,015 shares during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Constellium Stock Up 1.8%

Constellium stock traded up $0.22 on Tuesday, hitting $12.38. 1,194,115 shares of the stock traded hands, compared to its average volume of 1,439,114. Constellium SE has a 1 year low of $7.33 and a 1 year high of $22.00. The firm has a market cap of $1.77 billion, a P/E ratio of 38.69 and a beta of 1.65. 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 business's fifty day simple moving average is $10.19 and its 200 day simple moving average is $10.64.

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

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised Constellium from a "hold" rating to a "buy" rating and set a $15.00 price objective on the stock in a research report on Tuesday, February 25th.

Constellium 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.