Vaughan Nelson Investment Management L.P. Buys 1,192,105 Shares of Constellium SE (NYSE:CSTM)

Vaughan Nelson Investment Management L.P. increased its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 84.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,598,159 shares of the industrial products company's stock after purchasing an additional 1,192,105 shares during the period. Vaughan Nelson Investment Management L.P. owned 1.80% of Constellium worth $51,860,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Constellium by 4.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 57,004 shares of the industrial products company's stock worth $1,138,000 after purchasing an additional 2,659 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in Constellium in the fourth quarter worth approximately $2,024,000. Highland Capital Management LLC acquired a new position in Constellium in the fourth quarter worth approximately $201,000. SG Americas Securities LLC grew its position in Constellium by 124.5% in the fourth quarter. SG Americas Securities LLC now owns 27,417 shares of the industrial products company's stock worth $547,000 after buying an additional 15,202 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Constellium by 0.7% in the third quarter. Vanguard Group Inc. now owns 1,236,435 shares of the industrial products company's stock worth $22,503,000 after buying an additional 8,350 shares during the last quarter. Institutional investors own 92.59% of the company's stock.

Constellium Trading Up 0.1 %

NYSE CSTM traded up $0.02 on Friday, hitting $22.43. 754,008 shares of the stock were exchanged, compared to its average volume of 627,768. Constellium SE has a 52-week low of $13.40 and a 52-week high of $23.20. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.31 and a quick ratio of 0.52. The company has a market capitalization of $3.24 billion, a price-to-earnings ratio of 24.12 and a beta of 1.71. The company's 50-day moving average price is $19.99 and its two-hundred day moving average price is $18.55.

Constellium (NYSE:CSTM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The industrial products company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.23). Constellium had a return on equity of 16.86% and a net margin of 1.73%. The firm had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.73 billion. Research analysts predict that Constellium SE will post 1.91 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CSTM shares. UBS Group started coverage on shares of Constellium in a research report on Tuesday, January 16th. They issued a "buy" rating and a $27.00 price target on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Constellium from $21.00 to $24.00 and gave the stock a "buy" rating in a research report on Tuesday, January 23rd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $24.20.

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.