Constellium SE (NYSE:CSTM) Stock Holdings Boosted by Xponance Inc.

Xponance Inc. raised its position in shares of Constellium SE (NYSE:CSTM) by 5.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,213 shares of the industrial products company’s stock after buying an additional 1,012 shares during the period. Xponance Inc.’s holdings in Constellium were worth $383,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSTM. Allspring Global Investments Holdings LLC lifted its position in shares of Constellium by 83.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 21,982 shares of the industrial products company’s stock valued at $439,000 after acquiring an additional 10,019 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its position in shares of Constellium by 84.8% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,598,159 shares of the industrial products company’s stock valued at $51,860,000 after acquiring an additional 1,192,105 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Constellium by 4.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 57,004 shares of the industrial products company’s stock valued at $1,138,000 after acquiring an additional 2,659 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Constellium during the 4th quarter valued at $2,024,000. Finally, Highland Capital Management LLC acquired a new stake in shares of Constellium during the 4th quarter valued at $201,000. 92.59% of the stock is owned by institutional investors.

Constellium Trading Up 1.6 %

Constellium stock opened at $20.70 on Friday. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.31 and a quick ratio of 0.52. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 23.00 and a beta of 1.71. Constellium SE has a one year low of $13.77 and a one year high of $23.20. The company’s fifty day moving average price is $20.63 and its two-hundred day moving average price is $18.94.

Constellium (NYSE:CSTM) last posted its earnings results on Wednesday, April 24th. The industrial products company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.15). The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.71 billion. Constellium had a return on equity of 15.68% and a net margin of 1.73%. On average, analysts forecast that Constellium SE will post 1.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Constellium from $21.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. UBS Group assumed coverage on Constellium in a report on Tuesday, January 16th. They issued a “buy” rating and a $27.00 target price for the company. Benchmark restated a “buy” rating and issued a $24.00 target price on shares of Constellium in a report on Friday, April 19th. Finally, JPMorgan Chase & Co. reduced their target price on Constellium from $28.00 to $27.00 and set an “overweight” rating for the company in a report on Thursday. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, Constellium presently has an average rating of “Buy” and an average target price of $25.40.

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.