Westwood Holdings Group Inc. Makes New $427,000 Investment in Constellium SE (NYSE:CSTM)

Westwood Holdings Group Inc. acquired a new stake in shares of Constellium SE (NYSE:CSTMFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,399 shares of the industrial products company’s stock, valued at approximately $427,000.

Several other hedge funds also recently made changes to their positions in CSTM. Covestor Ltd increased its position in shares of Constellium by 12.2% in the third quarter. Covestor Ltd now owns 6,564 shares of the industrial products company’s stock valued at $119,000 after acquiring an additional 716 shares during the period. Highland Capital Management LLC bought a new position in Constellium during the 4th quarter valued at approximately $201,000. M&T Bank Corp purchased a new stake in Constellium in the 4th quarter worth approximately $203,000. Teza Capital Management LLC bought a new stake in shares of Constellium in the 3rd quarter worth approximately $206,000. Finally, Capstone Investment Advisors LLC purchased a new position in shares of Constellium during the fourth quarter valued at approximately $382,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Benchmark reiterated a “buy” rating and issued a $24.00 price target on shares of Constellium in a report on Friday, April 19th. JPMorgan Chase & Co. cut their price target on Constellium from $28.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, Constellium has a consensus rating of “Buy” and an average target price of $25.40.

View Our Latest Report on CSTM

Constellium Price Performance

Shares of CSTM opened at $19.74 on Monday. Constellium SE has a twelve month low of $14.12 and a twelve month high of $23.20. The company has a market capitalization of $2.85 billion, a P/E ratio of 21.93 and a beta of 1.69. The firm has a 50 day moving average of $21.04 and a 200 day moving average of $19.80. The company has a quick ratio of 0.58, a current ratio of 1.31 and a debt-to-equity ratio of 2.01.

Constellium (NYSE:CSTMGet Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.15). Constellium had a net margin of 1.73% and a return on equity of 15.68%. The business had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.71 billion. As a group, equities research analysts anticipate that Constellium SE will post 1.77 earnings per share for the current fiscal year.

About Constellium

(Free Report)

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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Institutional Ownership by Quarter for Constellium (NYSE:CSTM)

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