Janus Henderson Group PLC Grows Stock Holdings in Constellium SE (NYSE:CSTM)

Janus Henderson Group PLC lifted its stake in shares of Constellium SE (NYSE:CSTM - Free Report) by 4.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,445,290 shares of the industrial products company's stock after purchasing an additional 292,335 shares during the period. Janus Henderson Group PLC owned 4.39% of Constellium worth $66,193,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new position in Constellium during the fourth quarter worth $31,000. New Age Alpha Advisors LLC purchased a new position in shares of Constellium during the 4th quarter worth $70,000. Quadrant Capital Group LLC boosted its position in shares of Constellium by 25.8% during the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock valued at $82,000 after acquiring an additional 1,645 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Constellium in the fourth quarter valued at about $106,000. Finally, Mariner LLC purchased a new stake in shares of Constellium in the fourth quarter valued at about $107,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Constellium Trading Up 1.1%

NYSE:CSTM traded up $0.13 on Monday, reaching $11.90. The company's stock had a trading volume of 235,177 shares, compared to its average volume of 1,432,128. Constellium SE has a 12-month low of $7.33 and a 12-month high of $22.00. The stock has a 50 day moving average price of $10.18 and a 200 day moving average price of $10.62. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 37.06 and a beta of 1.65. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.19. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates 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 in the previous year, the firm earned $0.11 EPS. On average, equities analysts anticipate that Constellium SE will post 1.1 EPS for the current fiscal 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 target price on the stock in a report on Tuesday, February 25th.

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.