441,667 Shares in Constellium SE (NYSE:CSTM) Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC bought a new stake in Constellium SE (NYSE:CSTM - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 441,667 shares of the industrial products company's stock, valued at approximately $8,816,000. Knights of Columbus Asset Advisors LLC owned approximately 0.31% of Constellium as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Nomura Asset Management Co. Ltd. grew its position in shares of Constellium by 35.0% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 2,700 shares of the industrial products company's stock worth $41,000 after acquiring an additional 700 shares in the last quarter. UBS Group AG lifted its holdings in shares of Constellium by 138.2% in the 2nd quarter. UBS Group AG now owns 4,519 shares of the industrial products company's stock worth $59,000 after purchasing an additional 2,622 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in shares of Constellium by 26.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,612 shares of the industrial products company's stock worth $64,000 after purchasing an additional 757 shares during the last quarter. Covestor Ltd bought a new stake in shares of Constellium in the 1st quarter worth approximately $110,000. Finally, Royal Bank of Canada lifted its holdings in shares of Constellium by 10.5% in the 3rd quarter. Royal Bank of Canada now owns 11,508 shares of the industrial products company's stock worth $117,000 after purchasing an additional 1,093 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Analysts Set New Price Targets

CSTM has been the topic of several recent analyst reports. Benchmark reaffirmed a "buy" rating and set a $24.00 target price on shares of Constellium in a research note on Friday. JPMorgan Chase & Co. lifted their target price on Constellium from $25.00 to $28.00 and gave the company an "overweight" rating in a research note on Wednesday, April 10th. UBS Group initiated coverage on Constellium in a research report on Tuesday, January 16th. They set a "buy" rating and a $27.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Constellium from $21.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, January 23rd. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, Constellium presently has a consensus rating of "Buy" and an average price target of $25.60.

Constellium Price Performance

Shares of NYSE CSTM traded up $0.11 during mid-day trading on Friday, reaching $20.72. The company had a trading volume of 847,515 shares, compared to its average volume of 707,120. The company has a current ratio of 1.31, a quick ratio of 0.52 and a debt-to-equity ratio of 2.10. The stock has a market cap of $2.99 billion, a PE ratio of 22.31 and a beta of 1.71. The company has a 50-day moving average price of $20.41 and a two-hundred day moving average price of $18.80. Constellium SE has a 1-year low of $13.40 and a 1-year high of $23.20.

Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The industrial products company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by ($0.23). Constellium had a net margin of 1.73% and a return on equity of 16.86%. The business had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.73 billion. On average, equities analysts anticipate that Constellium SE will post 1.9 earnings per share for the current 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.