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As Constellium Nv (CSTM) Share Value Declined, Holder Whitebox Advisors Decreased by $350,000 Its Holding; Taseko Mines LTD (TGB) Stake Has Upped by Aviance Capital Partners Llc

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Andy Redleaf decreased its stake in Constellium Nv (CSTM) by 32.24% based on its latest 2018Q1 regulatory filing with the SEC. Whitebox Advisors Llc sold 35,000 shares as the company’s stock declined 3.20% with the market. The hedge fund run by Andy Redleaf held 73,552 shares of the metal fabrications company at the end of 2018Q1, valued at $798,000, down from 108,552 at the end of the previous reported quarter. Whitebox Advisors Llc who had been investing in Constellium Nv for a number of months, seems to be less bullish one the $1.68 billion market cap company. The stock decreased 0.80% or $0.1 during the last trading session, reaching $12.45. About 253,459 shares traded. Constellium N.V. (NYSE:CSTM) has risen 89.06% since June 13, 2017 and is uptrending. It has outperformed by 76.49% the S&P500. Some Historical CSTM News: 26/04/2018 – CONSTELLIUM 1Q ADJ EBITDA EU117M, EST. EU106.8M; 26/04/2018 – Constellium 1Q Loss/Shr EUR0.18; 26/04/2018 – CONSTELLIUM – CONTINUES TO EVALUATE RISK OF TEMPORARY SUPPLY DISRUPTIONS AS A RESULT OF U.S. SANCTIONS ON VARIOUS RUSSIAN INDIVIDUALS AND COMPANIES; 15/05/2018 – Park West Asset Management Buys New 3% Position in Constellium; 17/05/2018 – CONSTELLIUM PARIS: CONSTELLIUM TO EXPAND OPS IN DECIN, CZECH; 17/05/2018 – Constellium to expand operations in Decin, Czech Republic, to increase casting, recycling and extrusion capacity of aluminium p; 24/04/2018 Constellium Closes Below 200-Day Moving Average: Technicals; 02/05/2018 – Constellium supplies aluminium Auto Body Sheet for new Mercedes-Benz CLS model; 14/05/2018 – Primecap Adds Moody’s, Exits Constellium, Cuts Biogen: 13F; 26/04/2018 – CONSTELLIUM NV – CURRENTLY EXPECTS TO BE ABLE TO MEET ITS ALUMINIUM CONSUMPTION REQUIREMENTS

Aviance Capital Partners Llc increased its stake in Taseko Mines Ltd. (TGB) by 145.35% based on its latest 2018Q1 regulatory filing with the SEC. Aviance Capital Partners Llc bought 331,070 shares as the company’s stock declined 28.03% with the market. The institutional investor held 558,848 shares of the precious metals company at the end of 2018Q1, valued at $642,000, up from 227,778 at the end of the previous reported quarter. Aviance Capital Partners Llc who had been investing in Taseko Mines Ltd. for a number of months, seems to be bullish on the $288.98M market cap company. The stock decreased 2.29% or $0.03 during the last trading session, reaching $1.28. About 938,430 shares traded or 26.55% up from the average. Taseko Mines Limited (NYSEMKT:TGB) has declined 13.74% since June 13, 2017 and is downtrending. It has underperformed by 26.31% the S&P500. Some Historical TGB News: 20/03/2018 – S&PGR Upgrades Taseko Mines To ‘B’ From ‘B-‘; Outlook Stable; 05/03/2018 Unconditional Retraction and Apology Concerning Statements Made About Russell Hallbauer, Brian Battison, Robert Dickinson, Robert Rotzinger, John McManus and William Armstrong of Taseko Mines Limited; 02/05/2018 – Taseko Mines 1Q Loss/Shr C$0.05; 02/05/2018 – Taseko Mines 1Q Rev C$64.2M; 20/03/2018 – S&P REVISES TASEKO MINES LIMITED TO RATING ‘B’ FROM ‘B-‘; OUTLOOK ‘STABLE’; 15/05/2018 – Impala Asset Management Exits Position in Taseko Mines

Aviance Capital Partners Llc, which manages about $417.57 million and $331.74 million US Long portfolio, decreased its stake in Tcw Strategic Income Fund Inc. (TSI) by 66,858 shares to 12,415 shares, valued at $69,000 in 2018Q1, according to the filing. It also reduced its holding in Cisco Systems Inc. (NASDAQ:CSCO) by 18,171 shares in the quarter, leaving it with 27,813 shares, and cut its stake in Magellan Health Services Inc. (NASDAQ:MGLN).

More recent Constellium N.V. (NYSE:CSTM) news were published by: Globenewswire.com which released: “Constellium expands R&D capabilities at Brunel University London” on June 13, 2018. Also Globenewswire.com published the news titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Methanex, Agnico Eagle Mines, Ensco plc …” on June 07, 2018. Globenewswire.com‘s news article titled: “Voting Results from Constellium’s 2018 Annual General Meeting” with publication date: May 25, 2018 was also an interesting one.

Analysts await Constellium N.V. (NYSE:CSTM) to report earnings on July, 26. They expect $0.31 EPS, up 93.75% or $0.15 from last year’s $0.16 per share. CSTM’s profit will be $41.71 million for 10.04 P/E if the $0.31 EPS becomes a reality. After $0.17 actual EPS reported by Constellium N.V. for the previous quarter, Wall Street now forecasts 82.35% EPS growth.

Whitebox Advisors Llc, which manages about $8.40 billion and $3.37B US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (Put) by 32,200 shares to 4.73 million shares, valued at $1.25B in 2018Q1, according to the filing. It also increased its holding in Dell Technologies Inc by 10,100 shares in the quarter, for a total of 951,126 shares, and has risen its stake in Altaba Inc.

Among 13 analysts covering Constellium NV (NYSE:CSTM), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Constellium NV had 29 analyst reports since August 6, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Overweight” rating and $14 target in Tuesday, February 6 report. The rating was upgraded by Morgan Stanley on Thursday, November 16 to “Overweight”. The rating was initiated by Seaport Global with “Neutral” on Friday, September 9. The stock has “Buy” rating by Seaport Global on Friday, April 27. The stock of Constellium N.V. (NYSE:CSTM) earned “Market Perform” rating by BMO Capital Markets on Friday, July 28. The firm earned “Market Perform” rating on Monday, September 21 by Cowen & Co. Credit Suisse initiated the stock with “Outperform” rating in Friday, March 11 report. Cowen & Co maintained the shares of CSTM in report on Tuesday, February 6 with “Buy” rating. The firm has “Overweight” rating given on Wednesday, February 28 by Morgan Stanley. The stock of Constellium N.V. (NYSE:CSTM) earned “Hold” rating by Societe Generale on Friday, May 20.

Constellium N.V. (NYSE:CSTM) Ratings Chart

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