Nebula Research & Development LLC Purchases 64,168 Shares of Constellium SE (NYSE:CSTM)

Nebula Research & Development LLC raised its position in shares of Constellium SE (NYSE:CSTM - Free Report) by 71.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 153,365 shares of the industrial products company's stock after purchasing an additional 64,168 shares during the quarter. Nebula Research & Development LLC owned 0.10% of Constellium worth $1,575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. bought a new stake in Constellium during the fourth quarter valued at approximately $31,000. New Age Alpha Advisors LLC bought a new stake in shares of Constellium during the 4th quarter valued at $70,000. Quadrant Capital Group LLC increased its stake in shares of Constellium by 25.8% in the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company's stock worth $82,000 after purchasing an additional 1,645 shares in the last quarter. Virtu Financial LLC bought a new position in Constellium in the 4th quarter worth $106,000. Finally, Mariner LLC purchased a new position in Constellium during the fourth quarter valued at $107,000. Hedge funds and other institutional investors own 92.59% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded 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.

Constellium Price Performance

Shares of Constellium stock opened at $9.30 on Friday. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 29.06 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. The stock's 50-day simple moving average is $10.14 and its 200-day simple moving average is $10.88. Constellium SE has a 52 week low of $7.33 and a 52 week high of $22.00.

Constellium (NYSE:CSTM - Get Free Report) last posted 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). 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. As a group, analysts expect 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.

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