Kailix Advisors LLC Sells 174,188 Shares of Constellium SE (NYSE:CSTM)

Kailix Advisors LLC lessened its holdings in shares of Constellium SE (NYSE:CSTM - Free Report) by 14.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 997,027 shares of the industrial products company's stock after selling 174,188 shares during the period. Constellium comprises approximately 11.2% of Kailix Advisors LLC's holdings, making the stock its 4th largest holding. Kailix Advisors LLC owned about 0.69% of Constellium worth $19,901,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. FMR LLC raised its holdings in Constellium by 1.7% in the 3rd quarter. FMR LLC now owns 14,681,988 shares of the industrial products company's stock worth $267,212,000 after purchasing an additional 251,829 shares during the period. Jennison Associates LLC raised its holdings in Constellium by 2.5% in the 3rd quarter. Jennison Associates LLC now owns 5,678,571 shares of the industrial products company's stock worth $103,350,000 after purchasing an additional 136,338 shares during the period. Vaughan Nelson Investment Management L.P. raised its holdings in Constellium by 84.8% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,598,159 shares of the industrial products company's stock worth $51,860,000 after purchasing an additional 1,192,105 shares during the period. Highland Peak Capital LLC raised its holdings in Constellium by 28.4% in the 3rd quarter. Highland Peak Capital LLC now owns 1,606,024 shares of the industrial products company's stock worth $29,230,000 after purchasing an additional 355,375 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Constellium by 2.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,244,695 shares of the industrial products company's stock worth $22,653,000 after purchasing an additional 24,940 shares during the period. Hedge funds and other institutional investors own 92.59% of the company's stock.

Constellium Price Performance

Shares of CSTM stock traded up $0.33 during trading hours on Friday, hitting $20.70. The stock had a trading volume of 910,407 shares, compared to its average volume of 957,925. Constellium SE has a one year low of $13.77 and a one year high of $23.20. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.31 and a quick ratio of 0.52. The stock's 50-day moving average price is $20.63 and its two-hundred day moving average price is $18.97. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 23.00 and a beta of 1.71.

Constellium (NYSE:CSTM - Get Free Report) last issued its earnings results on Wednesday, April 24th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.15). Constellium had a return on equity of 15.68% and a net margin of 1.73%. The firm had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.71 billion. Equities analysts forecast that Constellium SE will post 1.79 EPS for the current year.

Analysts Set New Price Targets

CSTM has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on Constellium from $28.00 to $27.00 and set an "overweight" rating on the stock in a report on Thursday. UBS Group initiated coverage on Constellium in a report on Tuesday, January 16th. They set a "buy" rating and a $27.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their price target on Constellium from $21.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, January 23rd. Finally, Benchmark reissued a "buy" rating and set a $24.00 price target on shares of Constellium in a report on Friday, April 19th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $25.40.

Constellium 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.