Long Focus Capital Management LLC lessened its position in Central Puerto S.A. (NYSE:CEPU - Free Report) by 54.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 272,696 shares of the company's stock after selling 320,000 shares during the period. Long Focus Capital Management LLC owned approximately 0.18% of Central Puerto worth $3,951,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of CEPU. GAMMA Investing LLC grew its position in Central Puerto by 169.1% in the 4th quarter. GAMMA Investing LLC now owns 9,942 shares of the company's stock valued at $144,000 after purchasing an additional 6,248 shares during the period. Virtu Financial LLC bought a new stake in shares of Central Puerto during the third quarter worth about $157,000. Invesco Ltd. raised its holdings in shares of Central Puerto by 60.7% in the 4th quarter. Invesco Ltd. now owns 24,949 shares of the company's stock worth $362,000 after acquiring an additional 9,422 shares during the last quarter. OLD Mission Capital LLC bought a new position in Central Puerto in the 4th quarter valued at about $776,000. Finally, Ping Capital Management Inc. boosted its stake in Central Puerto by 4.9% during the 4th quarter. Ping Capital Management Inc. now owns 86,000 shares of the company's stock valued at $1,246,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors own 2.97% of the company's stock.
Central Puerto Stock Down 1.9 %
CEPU traded down $0.22 during midday trading on Friday, reaching $10.97. 175,648 shares of the company were exchanged, compared to its average volume of 324,811. Central Puerto S.A. has a one year low of $7.07 and a one year high of $16.60. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.97 and a current ratio of 2.13. The company's fifty day moving average price is $11.56 and its 200 day moving average price is $12.71. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 4.30 and a beta of 1.02.
Central Puerto (NYSE:CEPU - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.26. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. The business had revenue of $168.00 million during the quarter, compared to the consensus estimate of $187.32 billion. As a group, analysts expect that Central Puerto S.A. will post 0.63 EPS for the current year.
About Central Puerto
(
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.
Featured Stories
Before you consider Central Puerto, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Puerto wasn't on the list.
While Central Puerto currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
