Cooper Creek Partners Management LLC Makes New $4.97 Million Investment in Constellium SE (NYSE:CSTM)

Cooper Creek Partners Management LLC purchased a new stake in shares of Constellium SE (NYSE:CSTM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 483,555 shares of the industrial products company's stock, valued at approximately $4,966,000. Cooper Creek Partners Management LLC owned approximately 0.33% of Constellium as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its stake in shares of Constellium by 242.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,522,400 shares of the industrial products company's stock worth $15,636,000 after purchasing an additional 1,078,196 shares during the last quarter. Empowered Funds LLC purchased a new position in Constellium in the 4th quarter worth about $5,856,000. CenterBook Partners LP lifted its stake in Constellium by 369.7% during the 4th quarter. CenterBook Partners LP now owns 709,995 shares of the industrial products company's stock valued at $7,292,000 after acquiring an additional 558,820 shares during the period. ExodusPoint Capital Management LP purchased a new stake in shares of Constellium during the 4th quarter valued at about $4,980,000. Finally, Kailix Advisors LLC grew its stake in shares of Constellium by 25.6% in the fourth quarter. Kailix Advisors LLC now owns 2,085,187 shares of the industrial products company's stock worth $21,415,000 after acquiring an additional 424,779 shares during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

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 research report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $20.25.

Constellium Price Performance

NYSE CSTM traded up $0.06 during trading hours on Friday, reaching $8.59. The company's stock had a trading volume of 1,707,119 shares, compared to its average volume of 1,348,901. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 26.83 and a beta of 1.65. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93. Constellium SE has a 1 year low of $7.33 and a 1 year high of $22.00. The firm's 50-day moving average price is $10.21 and its 200-day moving average price is $11.15.

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

Constellium 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.