186,800 Shares in Constellium SE (NYSE:CSTM) Acquired by LSV Asset Management

LSV Asset Management bought a new position in Constellium SE (NYSE:CSTM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 186,800 shares of the industrial products company's stock, valued at approximately $1,918,000. LSV Asset Management owned approximately 0.13% of Constellium as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CenterBook Partners LP grew its holdings in Constellium by 369.7% in the fourth quarter. CenterBook Partners LP now owns 709,995 shares of the industrial products company's stock worth $7,292,000 after purchasing an additional 558,820 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Constellium in the 4th quarter worth approximately $213,000. Renaissance Technologies LLC bought a new position in Constellium during the 4th quarter valued at approximately $775,000. Legal & General Group Plc boosted its holdings in Constellium by 26.9% in the fourth quarter. Legal & General Group Plc now owns 37,730 shares of the industrial products company's stock worth $387,000 after acquiring an additional 7,987 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Constellium by 25.8% in the fourth quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock worth $82,000 after acquiring an additional 1,645 shares during the last quarter. Hedge funds and other institutional investors 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 price target 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 given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $20.25.

Constellium Stock Up 0.6 %

Shares of CSTM stock traded up $0.06 during mid-day trading on Friday, hitting $8.59. The company's stock had a trading volume of 1,707,119 shares, compared to its average volume of 1,349,225. Constellium SE has a 52-week low of $7.33 and a 52-week high of $22.00. The business has a 50-day moving average price of $10.20 and a 200 day moving average price of $11.10. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 26.83 and a beta of 1.65. 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 (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 analysts' consensus estimates of $0.13 by ($0.47). The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.69 billion. Constellium had a return on equity of 4.83% and a net margin of 0.67%. 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.