Century Aluminum (NASDAQ:CENX) Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. trimmed its position in shares of Century Aluminum (NASDAQ:CENX - Free Report) by 39.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,700 shares of the industrial products company's stock after selling 82,900 shares during the period. Hillsdale Investment Management Inc. owned approximately 0.14% of Century Aluminum worth $2,308,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Mountaineer Partners Management LLC lifted its stake in Century Aluminum by 1,607.1% during the 3rd quarter. Mountaineer Partners Management LLC now owns 22,849,097 shares of the industrial products company's stock worth $370,841,000 after acquiring an additional 21,510,639 shares in the last quarter. Geode Capital Management LLC increased its stake in Century Aluminum by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,279,772 shares of the industrial products company's stock worth $20,774,000 after purchasing an additional 13,486 shares during the period. JPMorgan Chase & Co. lifted its position in shares of 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 purchasing an additional 319,164 shares in the last quarter. Impala Asset Management LLC boosted its stake in shares of Century Aluminum by 6.4% in the third quarter. Impala Asset Management LLC now owns 904,000 shares of the industrial products company's stock valued at $14,672,000 after purchasing an additional 54,000 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Century Aluminum by 10.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 539,161 shares of the industrial products company's stock valued at $9,824,000 after purchasing an additional 51,770 shares during the period. 61.59% of the stock is currently owned by institutional investors and hedge funds.

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Century Aluminum Stock Up 0.8 %

Shares of CENX traded up $0.15 during midday trading on Thursday, reaching $19.15. The stock had a trading volume of 2,028,825 shares, compared to its average volume of 1,344,262. 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 company's fifty day simple moving average is $19.32 and its two-hundred day simple moving average is $18.91. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 6.06 and a beta of 2.67. Century Aluminum has a 1-year low of $11.40 and a 1-year high of $25.39.

Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly 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. Century Aluminum had a return on equity of 13.38% and a net margin of 14.69%. The company had revenue of $631.00 million during the quarter, compared to the consensus estimate of $515.27 million. During the same period in the previous year, the business earned $0.39 EPS. Equities research analysts expect that Century Aluminum will post 2.76 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Robert F. Hoffman sold 2,500 shares of the business's stock in a transaction on Friday, March 14th. The shares were 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 of the company's stock, valued at $1,281,019.17. The trade was a 3.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.68% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CENX shares. Wolfe Research upgraded shares of Century Aluminum from a "peer perform" rating to an "outperform" rating and set a $27.00 target price on the stock in a report on Tuesday, December 3rd. StockNews.com cut Century Aluminum from a "hold" rating to a "sell" rating in a research note on Monday. Finally, BMO Capital Markets upgraded Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price target on the stock in a report on Monday, February 24th.

Century Aluminum 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.