Boston Partners Raises Stock Position in Constellium SE (NYSE:CSTM)

Boston Partners grew its stake in shares of Constellium SE (NYSE:CSTM - Free Report) by 27.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,272 shares of the industrial products company's stock after purchasing an additional 28,097 shares during the period. Boston Partners owned approximately 0.09% of Constellium worth $1,348,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Advisors Asset Management Inc. lifted its position in Constellium by 4.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 25,001 shares of the industrial products company's stock valued at $407,000 after acquiring an additional 1,079 shares during the period. Quantinno Capital Management LP grew its stake in shares of Constellium by 9.1% in the 3rd quarter. Quantinno Capital Management LP now owns 13,899 shares of the industrial products company's stock worth $226,000 after buying an additional 1,162 shares during the last quarter. Handelsbanken Fonder AB increased its position in Constellium by 9.7% during the 4th quarter. Handelsbanken Fonder AB now owns 17,000 shares of the industrial products company's stock valued at $175,000 after buying an additional 1,500 shares in the last quarter. Quarry LP boosted its holdings in Constellium by 45.3% in the third quarter. Quarry LP now owns 7,296 shares of the industrial products company's stock worth $119,000 after acquiring an additional 2,273 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Constellium in the fourth quarter worth $31,000. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised shares of Constellium from a "hold" rating to a "buy" rating and set a $15.00 target price for the company in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $20.25.

Constellium Stock Performance

Shares of NYSE CSTM traded down $0.34 during midday trading on Wednesday, hitting $10.94. 1,217,358 shares of the company's stock traded hands, compared to its average volume of 1,255,557. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. Constellium SE has a 1 year low of $9.04 and a 1 year high of $23.20. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 34.17 and a beta of 1.64. The firm has a fifty day moving average of $10.64 and a 200 day moving average of $12.03.

Constellium (NYSE:CSTM - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The industrial products company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.47). Constellium had a net margin of 0.67% and a return on equity of 4.83%. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.69 billion. On average, analysts forecast that Constellium SE will post 1.1 earnings per share for the current year.

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.