Bokf Na Has $308,000 Stock Position in Constellium SE (NYSE:CSTM)

Bokf Na raised its holdings in Constellium SE (NYSE:CSTM) by 82.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,355 shares of the industrial products company’s stock after purchasing an additional 7,391 shares during the quarter. Bokf Na’s holdings in Constellium were worth $308,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. increased its position in Constellium by 8.3% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 3,360,198 shares of the industrial products company’s stock worth $63,339,000 after purchasing an additional 257,618 shares in the last quarter. Rubric Capital Management LP grew its stake in shares of Constellium by 49.6% during the fourth quarter. Rubric Capital Management LP now owns 2,924,438 shares of the industrial products company’s stock worth $58,372,000 after buying an additional 970,164 shares during the last quarter. Westwood Holdings Group Inc. increased its holdings in shares of Constellium by 12,970.1% during the first quarter. Westwood Holdings Group Inc. now owns 2,796,868 shares of the industrial products company’s stock worth $61,839,000 after buying an additional 2,775,469 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Constellium by 1.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,698,900 shares of the industrial products company’s stock valued at $37,563,000 after acquiring an additional 21,569 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Constellium by 10.3% during the 1st quarter. Vanguard Group Inc. now owns 1,559,907 shares of the industrial products company’s stock valued at $34,490,000 after acquiring an additional 145,604 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Constellium Price Performance

Constellium stock opened at $16.63 on Tuesday. The stock’s 50 day moving average is $16.93 and its 200 day moving average is $19.30. Constellium SE has a one year low of $14.12 and a one year high of $23.20. The firm has a market cap of $2.40 billion, a P/E ratio of 18.47 and a beta of 1.60. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.33 and a quick ratio of 0.60.

Constellium (NYSE:CSTM) last issued its quarterly earnings results on Tuesday, July 23rd. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Constellium had a net margin of 2.35% and a return on equity of 17.59%. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the company earned $0.35 EPS. The company’s revenue for the quarter was down 7.9% on a year-over-year basis. As a group, research analysts expect that Constellium SE will post 1.6 EPS for the current year.

Wall Street Analysts Forecast Growth

CSTM has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their target price on Constellium from $27.00 to $26.00 and set an “overweight” rating for the company in a report on Thursday, July 11th. BMO Capital Markets dropped their price objective on shares of Constellium from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Wednesday, July 24th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Constellium from $24.50 to $24.00 and set a “buy” rating on the stock in a research report on Tuesday, July 16th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $25.00.

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.