Westwood Holdings Group Inc. Purchases 334,639 Shares of Constellium SE (NYSE:CSTM)

Westwood Holdings Group Inc. grew its holdings in shares of Constellium SE (NYSE:CSTM - Free Report) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,810,189 shares of the industrial products company's stock after purchasing an additional 334,639 shares during the period. Westwood Holdings Group Inc. owned approximately 3.96% of Constellium worth $59,671,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Victory Capital Management Inc. raised its holdings in Constellium by 15.1% in the 4th quarter. Victory Capital Management Inc. now owns 947,430 shares of the industrial products company's stock worth $9,730,000 after acquiring an additional 124,140 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Constellium in the 4th quarter worth approximately $1,386,000. Barclays PLC raised its holdings in Constellium by 476.1% in the 3rd quarter. Barclays PLC now owns 336,569 shares of the industrial products company's stock worth $5,473,000 after acquiring an additional 278,149 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Constellium in the 4th quarter worth approximately $775,000. Finally, SG Americas Securities LLC raised its holdings in Constellium by 41.7% in the 4th quarter. SG Americas Securities LLC now owns 59,521 shares of the industrial products company's stock worth $611,000 after acquiring an additional 17,515 shares during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Constellium Stock Performance

NYSE:CSTM traded down $0.16 during trading hours on Friday, reaching $11.66. The company had a trading volume of 1,507,668 shares, compared to its average volume of 1,445,348. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. Constellium SE has a 52 week low of $7.33 and a 52 week high of $22.00. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 36.44 and a beta of 1.65. The firm's 50 day moving average price is $10.17 and its 200-day moving average price is $10.66.

Constellium (NYSE:CSTM - Get Free Report) last posted its earnings results on Wednesday, April 30th. The industrial products company reported $0.26 EPS for the quarter, topping 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 business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the previous year, the firm posted $0.11 EPS. The firm's revenue was up 5.3% on a year-over-year basis. On average, analysts forecast that Constellium SE will post 1.1 EPS for the current year.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Constellium from a "hold" rating to a "buy" rating and set a $15.00 price objective for the company in a report 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.