Central Puerto S.A. (NYSE:CEPU - Get Free Report) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 560,500 shares, a decline of 6.0% from the December 31st total of 596,100 shares. Based on an average trading volume of 375,500 shares, the short-interest ratio is currently 1.5 days.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Management Professionals Inc. bought a new position in shares of Central Puerto during the third quarter valued at approximately $34,000. GAMMA Investing LLC raised its holdings in Central Puerto by 62.4% in the 3rd quarter. GAMMA Investing LLC now owns 3,694 shares of the company's stock worth $35,000 after purchasing an additional 1,420 shares in the last quarter. Verition Fund Management LLC purchased a new stake in shares of Central Puerto in the 3rd quarter worth about $121,000. Quadrature Capital Ltd purchased a new stake in shares of Central Puerto in the 3rd quarter worth about $122,000. Finally, Virtu Financial LLC bought a new stake in shares of Central Puerto during the 3rd quarter valued at about $157,000. Institutional investors own 2.97% of the company's stock.
Central Puerto Price Performance
NYSE CEPU traded down $0.33 on Wednesday, reaching $14.28. 433,193 shares of the company's stock traded hands, compared to its average volume of 446,706. The stock has a market cap of $2.16 billion, a PE ratio of 5.60 and a beta of 1.18. Central Puerto has a 12 month low of $7.07 and a 12 month high of $16.60. The stock has a 50-day simple moving average of $14.38 and a 200 day simple moving average of $11.66. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.13 and a quick ratio of 1.97.
Central Puerto (NYSE:CEPU - Get Free Report) last announced its quarterly earnings results on Monday, November 11th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.19). The company had revenue of $185.00 million during the quarter, compared to analysts' expectations of $200.26 million. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. As a group, research analysts predict that Central Puerto will post 0.63 earnings per share for the current year.
Central Puerto Increases Dividend
The company also recently declared a -- dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.3954 per share. The ex-dividend date was Friday, November 29th. This represents a yield of 1.4%. This is a boost from Central Puerto's previous -- dividend of $0.07. Central Puerto's dividend payout ratio is presently 12.16%.
About Central Puerto
(
Get Free Report)
Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.
Further Reading
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