Castellum (NYSEAMERICAN:CTM – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.00 EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.01), reports. The company had revenue of $14.29 million for the quarter, compared to the consensus estimate of $13.10 million. Castellum had a negative return on equity of 7.36% and a negative net margin of 4.54%.
Castellum Stock Up 14.7%
Castellum stock traded up $0.10 during mid-day trading on Friday, hitting $0.75. 22,231,020 shares of the company’s stock traded hands, compared to its average volume of 683,300. Castellum has a one year low of $0.48 and a one year high of $1.56. The firm has a 50 day moving average price of $0.75 and a 200 day moving average price of $0.92. The company has a market cap of $71.24 million, a PE ratio of -37.65 and a beta of -7.07.
Institutional Investors Weigh In On Castellum
A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Castellum by 21.5% in the third quarter. Vanguard Group Inc. now owns 1,277,915 shares of the company’s stock worth $1,393,000 after acquiring an additional 225,937 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Castellum in the 2nd quarter worth approximately $204,000. Geode Capital Management LLC raised its holdings in shares of Castellum by 43.2% in the 2nd quarter. Geode Capital Management LLC now owns 599,198 shares of the company’s stock worth $629,000 after purchasing an additional 180,673 shares in the last quarter. Quadrature Capital Ltd lifted its stake in Castellum by 290.3% during the fourth quarter. Quadrature Capital Ltd now owns 217,471 shares of the company’s stock valued at $196,000 after purchasing an additional 161,752 shares during the last quarter. Finally, Centiva Capital LP bought a new stake in Castellum during the third quarter worth approximately $133,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.
Castellum Company Profile
Castellum AB is a Sweden‐based real estate company specializing in the ownership, management and development of commercial properties. The company’s primary focus is on office premises and logistics facilities situated in attractive growth regions across Sweden and the broader Öresund area. With a strategic emphasis on long‐term leases and strong tenant relationships, Castellum aims to deliver stable rental income and capital appreciation over time.
Founded in 1940 and headquartered in Gothenburg, Castellum has grown through a combination of land acquisitions, property development and selective portfolio divestments.
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