22,757 Shares in Constellium SE (NYSE:CSTM) Bought 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 purchased a new position in Constellium SE (NYSE:CSTM - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,757 shares of the industrial products company's stock, valued at approximately $230,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. T. Rowe Price Investment Management Inc. boosted its position in Constellium by 26.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,828,738 shares of the industrial products company's stock valued at $203,642,000 after buying an additional 4,181,823 shares during the period. Nut Tree Capital Management LP boosted its holdings in shares of Constellium by 52.8% in the fourth quarter. Nut Tree Capital Management LP now owns 5,500,000 shares of the industrial products company's stock valued at $56,485,000 after purchasing an additional 1,900,000 shares during the period. D. E. Shaw & Co. Inc. grew its stake in Constellium by 112.2% in 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 purchasing an additional 1,282,587 shares in the last quarter. Bridgeway Capital Management LLC bought a new position in Constellium in the fourth quarter worth approximately $8,615,000. Finally, Capstone Investment Advisors LLC purchased a new position in Constellium during the 4th quarter worth $7,138,000. 92.59% of the stock is owned by institutional investors.

Constellium Stock Up 2.4%

NYSE CSTM traded up $0.34 on Friday, reaching $14.42. 1,261,715 shares of the stock traded hands, compared to its average volume of 1,605,318. Constellium SE has a 12 month low of $7.32 and a 12 month high of $17.27. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 75.90 and a beta of 1.69. The company has a fifty day moving average price of $13.71 and a 200-day moving average price of $11.62. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.53 and a current ratio of 1.23.

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

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.