New York State Common Retirement Fund Has $391,000 Position in Constellium SE (NYSE:CSTM)

New York State Common Retirement Fund lowered its stake in shares of Constellium SE (NYSE:CSTM) by 5.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,787 shares of the industrial products company’s stock after selling 2,307 shares during the period. New York State Common Retirement Fund’s holdings in Constellium were worth $391,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Ballentine Partners LLC boosted its stake in shares of Constellium by 65.3% during the 1st quarter. Ballentine Partners LLC now owns 17,966 shares of the industrial products company’s stock valued at $181,000 after buying an additional 7,098 shares during the period. Cerity Partners LLC acquired a new stake in shares of Constellium in the 1st quarter valued at $146,000. Envestnet Asset Management Inc. lifted its stake in shares of Constellium by 10.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 65,563 shares of the industrial products company’s stock valued at $662,000 after purchasing an additional 6,467 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Constellium by 7.9% in the 1st quarter. Principal Financial Group Inc. now owns 99,435 shares of the industrial products company’s stock valued at $1,003,000 after purchasing an additional 7,276 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Constellium by 51.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 51,966 shares of the industrial products company’s stock valued at $526,000 after purchasing an additional 17,655 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Constellium Stock Down 1.3%

CSTM stock opened at $13.62 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.53 and a debt-to-equity ratio of 2.49. Constellium SE has a 1 year low of $7.32 and a 1 year high of $18.15. The company has a fifty day simple moving average of $13.29 and a 200 day simple moving average of $11.31. The firm has a market cap of $1.95 billion, a PE ratio of 29.62 and a beta of 1.69.

Constellium (NYSE:CSTM) last released its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.19. Constellium had a net margin of 0.92% and a return on equity of 7.74%. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the previous year, the business earned $0.11 EPS. Constellium’s quarterly revenue was up 5.3% compared to the same quarter last year. Sell-side analysts anticipate that Constellium SE will post 1.1 EPS for the current fiscal 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.