Constellium SE $CSTM Stock Holdings Increased by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its holdings in Constellium SE (NYSE:CSTM) by 146.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 110,230 shares of the industrial products company’s stock after buying an additional 65,532 shares during the quarter. GSA Capital Partners LLP’s holdings in Constellium were worth $1,640,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Royal Bank of Canada lifted its position in shares of Constellium by 5.3% during the 1st quarter. Royal Bank of Canada now owns 72,526 shares of the industrial products company’s stock valued at $732,000 after acquiring an additional 3,629 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Constellium by 354.0% during the first quarter. AQR Capital Management LLC now owns 91,566 shares of the industrial products company’s stock worth $924,000 after purchasing an additional 71,396 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Constellium by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,021 shares of the industrial products company’s stock valued at $777,000 after purchasing an additional 3,393 shares during the last quarter. CWM LLC boosted its position in shares of Constellium by 353.3% in the 2nd quarter. CWM LLC now owns 31,016 shares of the industrial products company’s stock valued at $413,000 after purchasing an additional 24,174 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Constellium in the 2nd quarter valued at $1,401,000. Institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CSTM. Weiss Ratings restated a “hold (c)” rating on shares of Constellium in a report on Monday, December 29th. Wells Fargo & Company raised shares of Constellium from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $17.00 to $25.00 in a research note on Tuesday, January 13th. Wall Street Zen raised Constellium from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. boosted their target price on Constellium from $17.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $25.00 price target on shares of Constellium in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $24.00.

Constellium Stock Up 0.4%

Shares of CSTM opened at $23.39 on Wednesday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.54 and a current ratio of 1.28. The company has a 50-day simple moving average of $21.30 and a 200-day simple moving average of $17.40. Constellium SE has a 52 week low of $7.32 and a 52 week high of $25.49. The firm has a market capitalization of $3.22 billion, a P/E ratio of 29.61 and a beta of 1.51.

Constellium (NYSE:CSTM) last issued its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.47. Constellium had a return on equity of 14.33% and a net margin of 1.42%. On average, equities research analysts expect that Constellium SE will post 1.1 earnings per share for the current year.

About Constellium

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.