Dynamic Technology Lab Private Ltd Purchases 83,112 Shares of Constellium SE (NYSE:CSTM)

Dynamic Technology Lab Private Ltd increased its position in Constellium SE (NYSE:CSTM - Free Report) by 226.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 119,793 shares of the industrial products company's stock after buying an additional 83,112 shares during the period. Dynamic Technology Lab Private Ltd owned 0.08% of Constellium worth $1,948,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Constellium by 10.3% in the 1st quarter. Vanguard Group Inc. now owns 1,559,907 shares of the industrial products company's stock valued at $34,490,000 after buying an additional 145,604 shares during the last quarter. Advisors Asset Management Inc. increased its position in Constellium by 29.9% during the first quarter. Advisors Asset Management Inc. now owns 7,065 shares of the industrial products company's stock worth $156,000 after acquiring an additional 1,625 shares during the period. Lazard Asset Management LLC acquired a new position in Constellium in the first quarter valued at about $1,106,000. BOKF NA boosted its stake in Constellium by 87.6% in the first quarter. BOKF NA now owns 8,964 shares of the industrial products company's stock valued at $200,000 after buying an additional 4,186 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in Constellium by 1.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,698,900 shares of the industrial products company's stock worth $37,563,000 after buying an additional 21,569 shares during the period. Institutional investors own 92.59% of the company's stock.

Constellium Stock Performance

NYSE:CSTM traded down $0.07 during trading hours on Tuesday, reaching $12.47. 1,064,193 shares of the company's stock were exchanged, compared to its average volume of 1,114,318. Constellium SE has a 1-year low of $10.49 and a 1-year high of $23.20. 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 company has a 50-day moving average of $13.64 and a 200 day moving average of $16.76. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 16.78 and a beta of 1.65.

Constellium (NYSE:CSTM - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.38). Constellium had a net margin of 1.47% and a return on equity of 10.83%. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the business earned $0.47 EPS. The firm's revenue for the quarter was down 4.7% compared to the same quarter last year. Research analysts anticipate that Constellium SE will post 0.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Constellium from a "buy" rating to a "hold" rating and lowered their target price for the stock from $22.00 to $12.00 in a report on Thursday, October 24th. BMO Capital Markets lowered their price objective on shares of Constellium from $22.00 to $18.00 and set an "outperform" rating for the company in a research note on Thursday, October 24th. JPMorgan Chase & Co. cut their price objective on shares of Constellium from $25.00 to $24.00 and set an "overweight" rating on the stock in a report on Friday, October 11th. Finally, StockNews.com downgraded Constellium from a "buy" rating to a "hold" rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $21.00.

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.