Constellium SE (NYSE:CSTM) Stock Position Cut by RMB Capital Management LLC

RMB Capital Management LLC lessened its stake in Constellium SE (NYSE:CSTMGet Rating) by 6.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,150 shares of the industrial products company’s stock after selling 2,000 shares during the period. RMB Capital Management LLC’s holdings in Constellium were worth $507,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Exane Derivatives bought a new position in shares of Constellium during the 1st quarter valued at about $60,000. Advisor Group Holdings Inc. boosted its position in shares of Constellium by 26.5% during the 1st quarter. Advisor Group Holdings Inc. now owns 3,612 shares of the industrial products company’s stock valued at $64,000 after purchasing an additional 757 shares in the last quarter. Edmond DE Rothschild Holding S.A. bought a new position in shares of Constellium during the 4th quarter valued at about $76,000. Prospera Financial Services Inc bought a new position in shares of Constellium during the 1st quarter valued at about $126,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Constellium by 29.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,592 shares of the industrial products company’s stock valued at $261,000 after purchasing an additional 3,278 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CSTM shares. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Constellium from $22.00 to $25.00 in a research report on Thursday, April 28th. StockNews.com lowered shares of Constellium from a “buy” rating to a “hold” rating in a research report on Thursday, July 28th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Constellium has an average rating of “Moderate Buy” and a consensus target price of $24.17.

Constellium Price Performance

Shares of CSTM opened at $14.32 on Friday. The firm has a market cap of $2.00 billion, a PE ratio of 7.46 and a beta of 1.90. The firm’s 50 day moving average price is $14.31 and its 200 day moving average price is $16.35. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.57 and a current ratio of 1.21. Constellium SE has a twelve month low of $11.79 and a twelve month high of $21.59.

Constellium (NYSE:CSTMGet Rating) last issued its quarterly earnings data on Wednesday, July 27th. The industrial products company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.68). The business had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.04 billion. Constellium had a net margin of 3.41% and a return on equity of 72.41%. Constellium’s revenue was up 49.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.88 EPS. As a group, research analysts expect that Constellium SE will post 1.73 EPS for the current fiscal year.

About Constellium

(Get Rating)

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.

Further Reading

Want to see what other hedge funds are holding CSTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Constellium SE (NYSE:CSTMGet Rating).

Institutional Ownership by Quarter for Constellium (NYSE:CSTM)

Receive News & Ratings for Constellium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellium and related companies with MarketBeat.com's FREE daily email newsletter.