Intech Investment Management LLC Has $797,000 Position in Constellium SE (NYSE:CSTM)

Intech Investment Management LLC raised its position in Constellium SE (NYSE:CSTM - Free Report) by 112.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 77,563 shares of the industrial products company's stock after purchasing an additional 41,029 shares during the period. Intech Investment Management LLC owned approximately 0.05% of Constellium worth $797,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of CSTM. Geneos Wealth Management Inc. acquired a new stake in shares of Constellium during the fourth quarter worth about $31,000. Quarry LP boosted its stake in Constellium by 45.3% in the 3rd quarter. Quarry LP now owns 7,296 shares of the industrial products company's stock worth $119,000 after purchasing an additional 2,273 shares during the period. Cibc World Markets Corp bought a new position in Constellium during the 4th quarter worth about $124,000. Handelsbanken Fonder AB raised its stake in shares of Constellium by 9.7% in the 4th quarter. Handelsbanken Fonder AB now owns 17,000 shares of the industrial products company's stock valued at $175,000 after purchasing an additional 1,500 shares during the period. Finally, Point72 DIFC Ltd lifted its holdings in shares of Constellium by 167.5% in the third quarter. Point72 DIFC Ltd now owns 12,105 shares of the industrial products company's stock valued at $197,000 after purchasing an additional 7,580 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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Constellium Stock Down 0.7 %

Shares of NYSE:CSTM traded down $0.08 during trading on Thursday, hitting $10.87. 1,717,041 shares of the company were exchanged, compared to its average volume of 1,258,714. Constellium SE has a fifty-two week low of $9.04 and a fifty-two week high of $23.20. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 33.95 and a beta of 1.64. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. The firm has a fifty day moving average price of $10.64 and a two-hundred day moving average price of $12.02.

Constellium (NYSE:CSTM - Get Free Report) last posted 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 return on equity of 4.83% and a net margin of 0.67%. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.69 billion. As a group, research analysts anticipate 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.