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

Westwood Holdings Group Inc. raised its holdings in shares of Constellium SE (NYSE:CSTM - Free Report) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,810,189 shares of the industrial products company's stock after buying an additional 334,639 shares during the period. Westwood Holdings Group Inc. owned about 3.96% of Constellium worth $59,671,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Squarepoint Ops LLC raised its stake in shares of Constellium by 1.0% during the 4th quarter. Squarepoint Ops LLC now owns 114,587 shares of the industrial products company's stock worth $1,177,000 after acquiring an additional 1,164 shares in the last quarter. Troluce Capital Advisors LLC acquired a new position in shares of Constellium in the fourth quarter worth about $1,284,000. Shay Capital LLC purchased a new stake in shares of Constellium in the fourth quarter valued at approximately $665,000. Point72 Hong Kong Ltd raised its position in shares of Constellium by 9.3% during 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 last quarter. Finally, ProShare Advisors LLC boosted its stake in shares of Constellium by 47.6% in the fourth quarter. ProShare Advisors LLC now owns 40,044 shares of the industrial products company's stock worth $411,000 after acquiring an additional 12,915 shares during the last quarter. Institutional investors own 92.59% of the company's stock.

Constellium Stock Performance

Constellium stock opened at $11.78 on Monday. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. The company has a market cap of $1.68 billion, a PE ratio of 36.80 and a beta of 1.65. Constellium SE has a 12 month low of $7.33 and a 12 month high of $22.00. The company has a fifty day moving average price of $10.18 and a two-hundred day moving average price of $10.62.

Constellium (NYSE:CSTM - Get Free Report) last released its earnings results on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.88 billion. During the same period last year, the firm posted $0.11 earnings per share. The firm's quarterly revenue was up 5.3% compared to the same quarter last year. Research analysts expect that Constellium SE will post 1.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised shares of Constellium from a "hold" rating to a "buy" rating and set a $15.00 price target on the stock 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.