Jefferies Financial Group Inc. Invests $2.38 Million in Constellium SE (NYSE:CSTM)

Jefferies Financial Group Inc. acquired a new stake in Constellium SE (NYSE:CSTM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 232,166 shares of the industrial products company's stock, valued at approximately $2,384,000. Jefferies Financial Group Inc. owned 0.16% of Constellium at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Barclays PLC grew its position in shares of Constellium by 476.1% in the third quarter. Barclays PLC now owns 336,569 shares of the industrial products company's stock valued at $5,473,000 after purchasing an additional 278,149 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Constellium by 19.5% in the third quarter. Franklin Resources Inc. now owns 163,657 shares of the industrial products company's stock valued at $2,661,000 after acquiring an additional 26,686 shares during the period. Principal Financial Group Inc. grew its stake in shares of Constellium by 35.3% in the third quarter. Principal Financial Group Inc. now owns 1,395,607 shares of the industrial products company's stock valued at $22,693,000 after acquiring an additional 364,423 shares in the last quarter. Rockingstone Advisors LLC increased its position in Constellium by 48.1% during the fourth quarter. Rockingstone Advisors LLC now owns 250,917 shares of the industrial products company's stock worth $2,577,000 after acquiring an additional 81,467 shares during the period. Finally, SG Americas Securities LLC raised its stake 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 purchasing an additional 17,515 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

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 target for the company in a research report on Tuesday, February 25th.

Constellium Price Performance

Shares of NYSE CSTM traded up $0.13 during trading hours on Monday, hitting $11.90. 235,177 shares of the stock were exchanged, compared to its average volume of 1,431,860. The company's fifty day simple moving average is $10.18 and its two-hundred day simple moving average is $10.62. The company has a market cap of $1.70 billion, a PE ratio of 37.06 and a beta of 1.65. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. Constellium SE has a 1-year low of $7.33 and a 1-year high of $22.00.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings results 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 company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.88 billion. Constellium had a return on equity of 4.83% and a net margin of 0.67%. The company's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.11 EPS. On average, sell-side analysts predict that Constellium SE will post 1.1 EPS for the current 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.