Jump Financial LLC Reduces Position in Constellium SE (NYSE:CSTM)

Jump Financial LLC cut its stake in Constellium SE (NYSE:CSTM - Free Report) by 44.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,431 shares of the industrial products company's stock after selling 48,153 shares during the period. Jump Financial LLC's holdings in Constellium were worth $621,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

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

Constellium Stock Down 1.0 %

Shares of CSTM stock traded down $0.09 during trading hours on Friday, reaching $9.30. The company had a trading volume of 1,505,356 shares, compared to its average volume of 1,353,747. Constellium SE has a 12 month low of $7.33 and a 12 month high of $22.00. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.28 and a quick ratio of 0.52. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 29.06 and a beta of 1.65. The business has a fifty day simple moving average of $10.14 and a 200-day simple moving average of $10.85.

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