16,963 Shares in Century Aluminum (NASDAQ:CENX) Bought by Capula Management Ltd

Capula Management Ltd purchased a new position in shares of Century Aluminum (NASDAQ:CENX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 16,963 shares of the industrial products company's stock, valued at approximately $309,000.

A number of other large investors also recently modified their holdings of CENX. JPMorgan Chase & Co. raised its holdings in Century Aluminum by 49.9% during the third quarter. JPMorgan Chase & Co. now owns 959,033 shares of the industrial products company's stock worth $15,565,000 after acquiring an additional 319,164 shares in the last quarter. Barclays PLC increased its position in shares of Century Aluminum by 266.5% during the 3rd quarter. Barclays PLC now owns 97,396 shares of the industrial products company's stock worth $1,581,000 after purchasing an additional 70,825 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Century Aluminum by 10.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 539,161 shares of the industrial products company's stock worth $9,824,000 after purchasing an additional 51,770 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Century Aluminum by 17.0% during the 3rd quarter. Principal Financial Group Inc. now owns 301,992 shares of the industrial products company's stock worth $4,901,000 after purchasing an additional 43,881 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of Century Aluminum in the 4th quarter valued at approximately $337,000. 61.59% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

In related news, CAO Robert F. Hoffman sold 2,500 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $19.99, for a total value of $49,975.00. Following the completion of the sale, the chief accounting officer now directly owns 64,083 shares in the company, valued at $1,281,019.17. The trade was a 3.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.68% of the stock is owned by company insiders.

Century Aluminum Stock Performance

Century Aluminum stock traded up $0.96 during mid-day trading on Friday, hitting $15.60. 2,101,309 shares of the company's stock traded hands, compared to its average volume of 1,401,669. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.71 and a quick ratio of 0.56. The firm has a 50 day simple moving average of $18.60 and a two-hundred day simple moving average of $19.15. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 4.94 and a beta of 2.56.

Century Aluminum (NASDAQ:CENX - Get Free Report) last posted its earnings results on Thursday, February 20th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.05. The company had revenue of $631.00 million during the quarter, compared to analysts' expectations of $515.27 million. Century Aluminum had a net margin of 14.69% and a return on equity of 13.38%. During the same quarter last year, the company posted $0.39 EPS. On average, research analysts expect that Century Aluminum will post 2.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CENX. StockNews.com lowered shares of Century Aluminum from a "hold" rating to a "sell" rating in a research report on Monday, March 24th. BMO Capital Markets upgraded shares of Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price objective on the stock in a research note on Monday, February 24th.

Century Aluminum Company Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.