111 Capital Purchases New Position in Constellium SE (NYSE:CSTM)

111 Capital purchased a new stake in Constellium SE (NYSE:CSTM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,002 shares of the industrial products company’s stock, valued at approximately $113,000.

Several other large investors have also made changes to their positions in CSTM. Barclays PLC grew its stake in shares of Constellium by 476.1% in the 3rd quarter. Barclays PLC now owns 336,569 shares of the industrial products company’s stock valued at $5,473,000 after buying an additional 278,149 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Constellium by 41.7% in the 4th quarter. SG Americas Securities LLC now owns 59,521 shares of the industrial products company’s stock valued at $611,000 after buying an additional 17,515 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Constellium in the 4th quarter valued at approximately $31,000. State of Alaska Department of Revenue bought a new stake in shares of Constellium in the 4th quarter valued at approximately $1,386,000. Finally, Empowered Funds LLC bought a new stake in shares of Constellium in the 4th quarter valued at approximately $5,856,000. Institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft raised Constellium from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Tuesday, February 25th.

Constellium Price Performance

Shares of Constellium stock opened at $12.15 on Friday. The firm has a fifty day simple moving average of $10.23 and a 200-day simple moving average of $10.66. The company has a current ratio of 1.28, a quick ratio of 0.52 and a debt-to-equity ratio of 1.93. Constellium SE has a 1-year low of $7.33 and a 1-year high of $22.00. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 37.97 and a beta of 1.65.

Constellium (NYSE:CSTM) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.19. The company had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Constellium had a net margin of 0.67% and a return on equity of 4.83%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.11 earnings per share. On average, sell-side analysts expect that Constellium SE will post 1.1 earnings per share for the current year.

Constellium 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.