Natixis Advisors L.P. Increases Position in Constellium SE (NYSE:CSTM)

Natixis Advisors L.P. grew its holdings in Constellium SE (NYSE:CSTM - Free Report) by 104.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 188,719 shares of the industrial products company's stock after buying an additional 96,370 shares during the period. Natixis Advisors L.P. owned 0.13% of Constellium worth $3,766,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. DekaBank Deutsche Girozentrale acquired a new stake in Constellium in the 4th quarter valued at about $2,024,000. FMR LLC lifted its position in Constellium by 1.7% during the third quarter. FMR LLC now owns 14,681,988 shares of the industrial products company's stock worth $267,212,000 after buying an additional 251,829 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in Constellium by 84.8% during the fourth 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 buying an additional 1,192,105 shares during the last quarter. Jump Financial LLC grew its holdings in Constellium by 155.7% in the 3rd quarter. Jump Financial LLC now owns 93,110 shares of the industrial products company's stock valued at $1,695,000 after buying an additional 56,701 shares in the last quarter. Finally, Highland Peak Capital LLC raised its holdings in shares of Constellium by 28.4% during 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 acquiring an additional 355,375 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

Constellium Trading Up 0.4 %

CSTM traded up $0.08 during mid-day trading on Friday, hitting $20.24. 499,473 shares of the stock were exchanged, compared to its average volume of 993,939. The company has a market cap of $2.92 billion, a PE ratio of 22.49 and a beta of 1.71. The company has a current ratio of 1.31, a quick ratio of 0.58 and a debt-to-equity ratio of 2.01. The firm's fifty day moving average is $20.81 and its two-hundred day moving average is $19.24. Constellium SE has a 1-year low of $14.12 and a 1-year high of $23.20.

Constellium (NYSE:CSTM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.15). The business had revenue of $1.88 billion during the quarter, compared to analysts' expectations of $1.71 billion. Constellium had a net margin of 1.73% and a return on equity of 15.68%. Equities analysts forecast that Constellium SE will post 1.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

CSTM has been the subject of several recent analyst reports. Benchmark restated a "buy" rating and set a $24.00 price objective on shares of Constellium in a research report on Friday, April 19th. UBS Group assumed coverage on Constellium in a research report on Tuesday, January 16th. They issued a "buy" rating and a $27.00 price objective for the company. Deutsche Bank Aktiengesellschaft lifted their target price on Constellium from $21.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, January 23rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Constellium from $28.00 to $27.00 and set an "overweight" rating on the stock in a research report on Thursday, April 25th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $25.40.

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.