Constellium SE (NYSE:CSTM) Holdings Raised by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in Constellium SE (NYSE:CSTM) by 9.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,899 shares of the industrial products company’s stock after purchasing an additional 1,162 shares during the quarter. Quantinno Capital Management LP’s holdings in Constellium were worth $226,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CSTM. CWM LLC increased its position in shares of Constellium by 81.1% in the second quarter. CWM LLC now owns 1,510 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 676 shares in the last quarter. Blue Trust Inc. raised its stake in Constellium by 863.5% during the 3rd quarter. Blue Trust Inc. now owns 1,956 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 1,753 shares during the period. Point72 DIFC Ltd purchased a new stake in shares of Constellium in the second quarter valued at $85,000. Quarry LP lifted its holdings in shares of Constellium by 290.0% in the second quarter. Quarry LP now owns 5,023 shares of the industrial products company’s stock valued at $95,000 after purchasing an additional 3,735 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Constellium by 16.0% in the second quarter. Signaturefd LLC now owns 6,752 shares of the industrial products company’s stock worth $127,000 after buying an additional 933 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Constellium Price Performance

Shares of CSTM opened at $11.01 on Tuesday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. The firm has a market cap of $1.59 billion, a PE ratio of 14.88 and a beta of 1.65. The firm’s 50 day moving average price is $12.36 and its 200 day moving average price is $15.79. Constellium SE has a twelve month low of $10.49 and a twelve month high of $23.20.

Constellium (NYSE:CSTM) last released its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.38). The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.80 billion. Constellium had a net margin of 1.47% and a return on equity of 10.83%. The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 EPS. As a group, research analysts expect that Constellium SE will post 0.71 EPS for the current fiscal year.

Analysts Set New Price Targets

CSTM has been the subject of several research analyst reports. StockNews.com downgraded Constellium from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut shares of Constellium from a “buy” rating to a “hold” rating and decreased their price target for the stock from $22.00 to $12.00 in a report on Thursday, October 24th. JPMorgan Chase & Co. dropped their price objective on shares of Constellium from $25.00 to $24.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Finally, BMO Capital Markets decreased their target price on shares of Constellium from $22.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $21.00.

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.