Whitebox Advisors LLC Has $5.67 Million Stock Holdings in Constellium SE (NYSE:CSTM)

Whitebox Advisors LLC lifted its holdings in Constellium SE (NYSE:CSTM - Free Report) by 23.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 552,284 shares of the industrial products company's stock after buying an additional 105,000 shares during the quarter. Whitebox Advisors LLC owned about 0.38% of Constellium worth $5,672,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CSTM. Geneos Wealth Management Inc. acquired a new position in Constellium in the fourth quarter valued at approximately $31,000. New Age Alpha Advisors LLC bought a new position in Constellium during the fourth quarter worth about $70,000. Quadrant Capital Group LLC raised its position in shares of Constellium by 25.8% in the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock valued at $82,000 after acquiring an additional 1,645 shares during the period. Virtu Financial LLC acquired a new stake in Constellium in the fourth quarter worth $106,000. Finally, Mariner LLC acquired a new position in Constellium in the fourth quarter valued at about $107,000. Institutional investors and hedge funds own 92.59% of the company's stock.

Constellium Stock Down 1.7 %

NYSE:CSTM traded down $0.18 on Tuesday, hitting $10.86. 383,283 shares of the company's stock were exchanged, compared to its average volume of 1,400,130. The company has a market cap of $1.55 billion, a P/E ratio of 33.95 and a beta of 1.65. The firm has a 50-day moving average price of $10.11 and a 200-day moving average price of $10.64. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. Constellium SE has a 52 week low of $7.33 and a 52 week high of $22.00.

Constellium (NYSE:CSTM - Get Free Report) last issued its earnings results on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1.88 billion. During the same period in the prior year, the firm earned $0.11 EPS. Constellium's quarterly revenue was up 5.3% compared to the same quarter last year. As a group, analysts expect that Constellium SE will post 1.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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.

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.