Numerai GP LLC Acquires Shares of 41,597 Constellium SE (NYSE:CSTM)

Numerai GP LLC bought a new position in shares of Constellium SE (NYSE:CSTM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,597 shares of the industrial products company’s stock, valued at approximately $427,000.

Several other large investors also recently made changes to their positions in CSTM. Barclays PLC lifted its position in Constellium by 476.1% during the 3rd quarter. Barclays PLC now owns 336,569 shares of the industrial products company’s stock worth $5,473,000 after buying an additional 278,149 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Constellium by 19.5% in the third quarter. Franklin Resources Inc. now owns 163,657 shares of the industrial products company’s stock worth $2,661,000 after acquiring an additional 26,686 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Constellium by 35.3% in the third quarter. Principal Financial Group Inc. now owns 1,395,607 shares of the industrial products company’s stock worth $22,693,000 after acquiring an additional 364,423 shares during the last quarter. Rockingstone Advisors LLC lifted its position in shares of Constellium by 48.1% during the fourth quarter. Rockingstone Advisors LLC now owns 250,917 shares of the industrial products company’s stock worth $2,577,000 after purchasing an additional 81,467 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Constellium by 41.7% during the fourth quarter. SG Americas Securities LLC now owns 59,521 shares of the industrial products company’s stock valued at $611,000 after purchasing an additional 17,515 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Analyst Ratings Changes

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

Constellium Price Performance

Constellium stock opened at $12.00 on Friday. The business’s 50-day simple moving average is $10.18 and its 200 day simple moving average is $10.63. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 37.50 and a beta of 1.65. Constellium SE has a 12-month low of $7.33 and a 12-month high of $22.00. The company has a quick ratio of 0.52, a current ratio of 1.28 and a debt-to-equity ratio of 1.93.

Constellium (NYSE:CSTM) last released its 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 for the quarter, compared to the consensus estimate of $1.88 billion. Constellium had a net margin of 0.67% and a return on equity of 4.83%. The company’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.11 EPS. As a group, research analysts anticipate that Constellium SE will post 1.1 earnings per share for the current 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.