96,495 Shares in Constellium SE (NYSE:CSTM) Acquired by Monaco Asset Management SAM

Monaco Asset Management SAM purchased a new stake in Constellium SE (NYSE:CSTM - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 96,495 shares of the industrial products company's stock, valued at approximately $991,000. Monaco Asset Management SAM owned about 0.07% of Constellium as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of CSTM. Geneos Wealth Management Inc. bought a new stake in shares of Constellium in the 4th quarter worth about $31,000. Quarry LP boosted its stake in shares of Constellium by 45.3% during 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. Handelsbanken Fonder AB boosted its stake in shares of Constellium by 9.7% during the 4th quarter. Handelsbanken Fonder AB now owns 17,000 shares of the industrial products company's stock worth $175,000 after purchasing an additional 1,500 shares during the period. Point72 DIFC Ltd boosted its stake in shares of Constellium by 167.5% during the 3rd quarter. Point72 DIFC Ltd now owns 12,105 shares of the industrial products company's stock worth $197,000 after purchasing an additional 7,580 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Constellium during the 4th quarter worth about $213,000. 92.59% of the stock is currently owned by 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 price objective for the company in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Constellium presently has an average rating of "Moderate Buy" and a consensus price target of $20.25.

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Constellium Trading Down 3.3 %

Constellium stock traded down $0.41 during trading hours on Tuesday, hitting $11.87. The company had a trading volume of 1,639,223 shares, compared to its average volume of 1,246,773. The firm has a market cap of $1.70 billion, a P/E ratio of 37.08 and a beta of 1.64. 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 SE has a 1 year low of $9.04 and a 1 year high of $23.20. The company has a 50-day moving average price of $10.50 and a two-hundred day moving average price of $12.24.

Constellium (NYSE:CSTM - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The industrial products company reported ($0.34) earnings per share 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 business had revenue of $1.72 billion during the quarter, compared to analysts' expectations of $1.69 billion. On average, sell-side analysts anticipate that Constellium SE will post 1.1 earnings per share for the current year.

Constellium Company 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.