22,757 Shares in Constellium SE (NYSE:CSTM) Purchased by XTX Topco Ltd

Key Points

• XTX Topco Ltd acquired 22,757 shares of Constellium SE (NYSE:CSTM), valued at approximately $230,000, according to a recent SEC filing.
• Other institutional investors, including T. Rowe Price and D. E. Shaw & Co., significantly increased their stakes in Constellium during the fourth quarter.
• Constellium recently reported quarterly earnings, missing EPS estimates but exceeding revenue expectations, with a net margin of 0.37%.

XTX Topco Ltd acquired a new position in Constellium SE (NYSE:CSTM - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 22,757 shares of the industrial products company's stock, valued at approximately $230,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of Constellium by 2,485.6% in the first quarter. GAMMA Investing LLC now owns 2,689 shares of the industrial products company's stock worth $27,000 after purchasing an additional 2,585 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Constellium in the 1st quarter worth about $38,000. Parallel Advisors LLC raised its position in Constellium by 519.2% in the 1st quarter. Parallel Advisors LLC now owns 4,941 shares of the industrial products company's stock worth $50,000 after buying an additional 4,143 shares during the last quarter. Signaturefd LLC lifted its stake in Constellium by 20.3% during the 1st quarter. Signaturefd LLC now owns 6,002 shares of the industrial products company's stock valued at $61,000 after acquiring an additional 1,013 shares during the period. Finally, CWM LLC boosted its holdings in shares of Constellium by 91.5% during the 1st quarter. CWM LLC now owns 6,842 shares of the industrial products company's stock valued at $69,000 after acquiring an additional 3,269 shares during the last quarter. 92.59% of the stock is owned by institutional investors.

Constellium Stock Performance

Shares of CSTM stock traded up $0.34 during trading hours on Friday, reaching $14.42. The company had a trading volume of 1,261,716 shares, compared to its average volume of 1,513,203. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.53 and a current ratio of 1.23. The business has a fifty day moving average price of $13.74 and a 200-day moving average price of $11.66. Constellium SE has a one year low of $7.32 and a one year high of $17.27. The firm has a market cap of $2.01 billion, a PE ratio of 75.90 and a beta of 1.69.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.03). Constellium had a net margin of 0.37% and a return on equity of 3.43%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. Sell-side analysts predict that Constellium SE will post 1.1 earnings per share for the current fiscal year.

About Constellium

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.