Voya Investment Management LLC Has $1.95 Million Stock Position in Constellium SE (NYSE:CSTM)

Voya Investment Management LLC trimmed its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 55.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 189,664 shares of the industrial products company's stock after selling 235,514 shares during the quarter. Voya Investment Management LLC owned approximately 0.13% of Constellium worth $1,948,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CSTM. T. Rowe Price Investment Management Inc. raised its position in shares of Constellium by 26.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,828,738 shares of the industrial products company's stock worth $203,642,000 after purchasing an additional 4,181,823 shares during the last quarter. Kailix Advisors LLC boosted its position in shares of Constellium by 25.6% during the fourth quarter. Kailix Advisors LLC now owns 2,085,187 shares of the industrial products company's stock valued at $21,415,000 after buying an additional 424,779 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Constellium by 242.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,522,400 shares of the industrial products company's stock worth $15,636,000 after buying an additional 1,078,196 shares in the last quarter. Principal Financial Group Inc. lifted its position in Constellium by 35.3% during 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 purchasing an additional 364,423 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in Constellium by 15.1% during the 4th quarter. Victory Capital Management Inc. now owns 947,430 shares of the industrial products company's stock valued at $9,730,000 after buying an additional 124,140 shares in the last quarter. Institutional investors own 92.59% of the company's stock.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded Constellium from a "hold" rating to a "buy" rating and set a $15.00 price objective on the stock in a report on Tuesday, February 25th.

Constellium Price Performance

Shares of NYSE CSTM remained flat at $11.19 during mid-day trading on Friday. The stock had a trading volume of 308,601 shares, compared to its average volume of 1,407,752. Constellium SE has a twelve month low of $7.33 and a twelve month high of $22.00. The business's fifty day moving average price is $10.09 and its 200-day moving average price is $10.62. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93. The stock has a market cap of $1.60 billion, a P/E ratio of 34.97 and a beta of 1.65.

Constellium (NYSE:CSTM - Get Free Report) last released its earnings results on Wednesday, April 30th. The industrial products company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.07 by $0.19. Constellium had a net margin of 0.67% and a return on equity of 4.83%. The company had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.88 billion. During the same quarter last year, the business earned $0.11 EPS. The business's revenue was up 5.3% on a year-over-year basis. On average, analysts expect that Constellium SE will post 1.1 EPS 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.