American Century Companies Inc. Lowers Stock Holdings in Constellium SE $CSTM

American Century Companies Inc. trimmed its position in Constellium SE (NYSE:CSTM) by 1.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,732 shares of the industrial products company’s stock after selling 2,716 shares during the quarter. American Century Companies Inc. owned approximately 0.16% of Constellium worth $2,257,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Constellium by 2,485.6% in the first quarter. GAMMA Investing LLC now owns 2,689 shares of the industrial products company’s stock worth $27,000 after buying an additional 2,585 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Constellium in the first quarter worth about $38,000. Parallel Advisors LLC lifted its holdings in shares of Constellium by 519.2% in the first quarter. Parallel Advisors LLC now owns 4,941 shares of the industrial products company’s stock worth $50,000 after buying an additional 4,143 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Constellium by 1,034.7% in the first quarter. US Bancorp DE now owns 5,163 shares of the industrial products company’s stock worth $52,000 after buying an additional 4,708 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Constellium by 20.3% in the first quarter. Signaturefd LLC now owns 6,002 shares of the industrial products company’s stock worth $61,000 after buying an additional 1,013 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Constellium Trading Down 0.3%

Shares of Constellium stock opened at $14.48 on Tuesday. Constellium SE has a 12-month low of $7.32 and a 12-month high of $17.27. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 76.23 and a beta of 1.70. The company has a current ratio of 1.23, a quick ratio of 0.53 and a debt-to-equity ratio of 2.47. The company’s 50-day moving average price is $13.98 and its 200-day moving average price is $12.05.

Constellium (NYSE:CSTM) last posted its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.03). Constellium had a return on equity of 3.43% and a net margin of 0.37%.The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.08 billion. On average, equities analysts expect that Constellium SE will post 1.1 earnings per share 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.