Lawson Kroeker Investment Management Inc. NE Sells 2,000 Shares of Constellium SE $CSTM

Lawson Kroeker Investment Management Inc. NE lowered its stake in shares of Constellium SE (NYSE:CSTM) by 2.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 73,870 shares of the industrial products company’s stock after selling 2,000 shares during the period. Lawson Kroeker Investment Management Inc. NE owned approximately 0.05% of Constellium worth $982,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. 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 valued at $27,000 after purchasing an additional 2,585 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in Constellium in the 1st quarter valued at $38,000. US Bancorp DE lifted its stake in Constellium by 1,034.7% during the 1st quarter. US Bancorp DE now owns 5,163 shares of the industrial products company’s stock valued at $52,000 after acquiring an additional 4,708 shares in the last quarter. Signaturefd LLC lifted its stake in Constellium by 20.3% during the 1st quarter. Signaturefd LLC now owns 6,002 shares of the industrial products company’s stock valued at $61,000 after acquiring an additional 1,013 shares in the last quarter. Finally, CWM LLC boosted its holdings in Constellium by 91.5% during the 1st quarter. CWM LLC now owns 6,842 shares of the industrial products company’s stock worth $69,000 after acquiring an additional 3,269 shares during the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CSTM has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Constellium in a research report on Wednesday. Zacks Research lowered shares of Constellium from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 2nd. Wells Fargo & Company started coverage on Constellium in a research note on Wednesday. They issued an “equal weight” rating and a $16.00 target price on the stock. Finally, Wall Street Zen downgraded Constellium from a “buy” rating to a “hold” rating in a research report on Saturday. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $16.33.

Constellium Stock Down 4.0%

CSTM opened at $14.40 on Friday. Constellium SE has a twelve month low of $7.32 and a twelve month high of $16.49. The company’s 50-day moving average price is $14.56 and its two-hundred day moving average price is $12.80. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 75.77 and a beta of 1.71. The company has a quick ratio of 0.53, a current ratio of 1.23 and a debt-to-equity ratio of 2.47.

Constellium (NYSE:CSTM) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates 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. As a group, equities analysts expect that Constellium SE will post 1.1 earnings per share for the current year.

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.