Constellium N.V. (NYSE:CSTM) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Wednesday.

A number of other equities analysts have also recently commented on CSTM. Cowen and Company set a $6.00 target price on Constellium N.V. and gave the company a “hold” rating in a report on Thursday, July 27th. Seaport Global Securities cut Constellium N.V. from a “buy” rating to a “neutral” rating and increased their target price for the company from $8.00 to $9.00 in a report on Friday, July 28th. Finally, BMO Capital Markets set a $9.00 target price on Constellium N.V. and gave the company a “hold” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $8.77.

Shares of Constellium N.V. (NYSE CSTM) traded down 0.48% during mid-day trading on Wednesday, reaching $10.30. The company had a trading volume of 290,205 shares. Constellium N.V. has a 52 week low of $4.85 and a 52 week high of $11.70. The stock has a 50 day moving average of $10.18 and a 200-day moving average of $7.64. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 38.58 and a beta of 0.72.

Constellium N.V. (NYSE:CSTM) last announced its earnings results on Thursday, July 27th. The industrial products company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.08). Constellium N.V. had a net margin of 0.48% and a negative return on equity of 4.31%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company earned $0.08 EPS. Constellium N.V.’s revenue was up 12.1% compared to the same quarter last year. On average, analysts expect that Constellium N.V. will post $0.62 earnings per share for the current fiscal year.

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Hedge funds have recently bought and sold shares of the company. ClariVest Asset Management LLC grew its position in shares of Constellium N.V. by 12.4% in the first quarter. ClariVest Asset Management LLC now owns 16,323 shares of the industrial products company’s stock valued at $106,000 after purchasing an additional 1,800 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Constellium N.V. in the second quarter valued at approximately $108,000. KCG Holdings Inc. grew its position in shares of Constellium N.V. by 52.2% in the first quarter. KCG Holdings Inc. now owns 19,334 shares of the industrial products company’s stock valued at $126,000 after purchasing an additional 6,629 shares in the last quarter. Quantum Capital Management grew its position in shares of Constellium N.V. by 37.7% in the second quarter. Quantum Capital Management now owns 23,080 shares of the industrial products company’s stock valued at $159,000 after purchasing an additional 6,324 shares in the last quarter. Finally, Cannell Peter B & Co. Inc. grew its position in shares of Constellium N.V. by 76.4% in the second quarter. Cannell Peter B & Co. Inc. now owns 51,150 shares of the industrial products company’s stock valued at $353,000 after purchasing an additional 22,150 shares in the last quarter. Institutional investors and hedge funds own 57.59% of the company’s stock.

About Constellium N.V.

Constellium N.V. is a Netherlands-based company engaged in developing aluminum products for a range of markets and applications, including aerospace, automotive and packaging. The Company’s manufacturing facilities are located in the United States, Europe and China. It operates through three segments: Packaging & Automotive Rolled Product; Aerospace & Transportation, and Automotive Structures & Industry.

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