Century Aluminum (NASDAQ:CENX) Stock Holdings Trimmed by GSA Capital Partners LLP

GSA Capital Partners LLP lessened its stake in shares of Century Aluminum (NASDAQ:CENX - Free Report) by 33.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,324 shares of the industrial products company's stock after selling 41,612 shares during the quarter. GSA Capital Partners LLP owned 0.09% of Century Aluminum worth $1,336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of CENX. Encompass Capital Advisors LLC lifted its stake in shares of Century Aluminum by 1,208.7% during the second quarter. Encompass Capital Advisors LLC now owns 1,401,638 shares of the industrial products company's stock worth $23,477,000 after purchasing an additional 1,294,538 shares in the last quarter. Castle Hook Partners LP lifted its stake in shares of Century Aluminum by 1,147.0% during the first quarter. Castle Hook Partners LP now owns 976,894 shares of the industrial products company's stock worth $15,034,000 after purchasing an additional 898,554 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Century Aluminum by 341.1% during the second quarter. Bank of Montreal Can now owns 411,968 shares of the industrial products company's stock worth $6,900,000 after purchasing an additional 318,579 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Century Aluminum by 125.7% during the second quarter. Assenagon Asset Management S.A. now owns 531,679 shares of the industrial products company's stock worth $8,906,000 after purchasing an additional 296,101 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Century Aluminum by 30.4% during the second quarter. American Century Companies Inc. now owns 1,186,243 shares of the industrial products company's stock worth $19,870,000 after purchasing an additional 276,304 shares in the last quarter. Institutional investors and hedge funds own 61.59% of the company's stock.

Century Aluminum Stock Up 1.4 %

Shares of NASDAQ:CENX traded up $0.28 during trading on Thursday, hitting $20.97. The company's stock had a trading volume of 338,760 shares, compared to its average volume of 1,332,150. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.56 and a current ratio of 1.71. Century Aluminum has a fifty-two week low of $7.28 and a fifty-two week high of $22.77. The stock's 50-day moving average price is $16.60 and its two-hundred day moving average price is $16.39. The company has a market capitalization of $1.95 billion, a PE ratio of 6.92 and a beta of 2.47.

Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The industrial products company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.31. The firm had revenue of $539.10 million during the quarter, compared to analyst estimates of $587.10 million. Century Aluminum had a return on equity of 11.37% and a net margin of 14.60%. During the same period in the previous year, the company earned ($0.13) earnings per share. As a group, sell-side analysts expect that Century Aluminum will post 0.56 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the company. StockNews.com upgraded Century Aluminum from a "sell" rating to a "hold" rating in a research note on Saturday, November 9th. B. Riley boosted their price target on Century Aluminum from $22.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, November 5th. Finally, BMO Capital Markets boosted their price target on Century Aluminum from $16.00 to $18.00 and gave the stock a "market perform" rating in a research note on Tuesday, November 5th.

About Century Aluminum

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.