Cerity Partners LLC Invests $146,000 in Constellium SE (NYSE:CSTM)

Cerity Partners LLC acquired a new position in shares of Constellium SE (NYSE:CSTM) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 14,458 shares of the industrial products company’s stock, valued at approximately $146,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in 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 buying an additional 2,585 shares during the period. Parallel Advisors LLC raised its position in shares of Constellium by 519.2% in the 1st quarter. Parallel Advisors LLC now owns 4,941 shares of the industrial products company’s stock worth $50,000 after acquiring an additional 4,143 shares in the last quarter. New Age Alpha Advisors LLC acquired a new position in shares of Constellium in the 4th quarter valued at about $70,000. Quadrant Capital Group LLC boosted its position in shares of Constellium by 25.8% during the 4th quarter. Quadrant Capital Group LLC now owns 8,024 shares of the industrial products company’s stock valued at $82,000 after purchasing an additional 1,645 shares in the last quarter. Finally, Mariner LLC acquired a new stake in Constellium during the fourth quarter worth approximately $107,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Constellium Trading Up 5.5%

Shares of CSTM stock opened at $14.70 on Wednesday. The company has a market cap of $2.10 billion, a P/E ratio of 31.96 and a beta of 1.69. The stock has a 50 day simple moving average of $13.33 and a two-hundred day simple moving average of $11.34. The company has a debt-to-equity ratio of 2.49, a quick ratio of 0.53 and a current ratio of 1.24. Constellium SE has a fifty-two week low of $7.32 and a fifty-two week high of $18.15.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.07 by $0.19. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.88 billion. Constellium had a net margin of 0.92% and a return on equity of 7.74%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.11 EPS. Research analysts forecast 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.