Natixis Advisors LLC purchased a new position in shares of Century Aluminum (NASDAQ:CENX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,176 shares of the industrial products company's stock, valued at approximately $313,000.
Other large investors also recently bought and sold shares of the company. AlphaQuest LLC lifted its stake in shares of Century Aluminum by 2,889.3% in the 4th quarter. AlphaQuest LLC now owns 2,511 shares of the industrial products company's stock valued at $46,000 after purchasing an additional 2,427 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Century Aluminum during the fourth quarter valued at approximately $54,000. Nisa Investment Advisors LLC lifted its position in Century Aluminum by 159.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 3,256 shares of the industrial products company's stock valued at $59,000 after buying an additional 2,000 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Century Aluminum during the third quarter worth approximately $189,000. Finally, Inceptionr LLC acquired a new stake in shares of Century Aluminum in the fourth quarter worth $207,000. Hedge funds and other institutional investors own 61.59% of the company's stock.
Insider Activity at Century Aluminum
In other Century Aluminum news, CAO Robert F. Hoffman sold 2,500 shares of Century Aluminum stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $19.99, for a total transaction of $49,975.00. Following 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 Securities & Exchange Commission, which is available through the SEC website. 0.68% of the stock is currently owned by company insiders.
Century Aluminum Stock Performance
Shares of CENX stock remained flat at $18.56 on Monday. 1,585,080 shares of the stock traded hands, compared to its average volume of 1,372,571. The business has a 50-day simple moving average of $19.25 and a 200 day simple moving average of $19.05. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 5.87 and a beta of 2.67. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.71 and a quick ratio of 0.56.
Century Aluminum (NASDAQ:CENX - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.05. The firm had revenue of $631.00 million for the quarter, compared to analyst estimates 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 in the previous year, the business posted $0.39 EPS. Equities analysts expect that Century Aluminum will post 2.76 earnings per share for the current year.
Analyst Ratings Changes
CENX has been the topic of several recent research reports. 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, March 24th. Finally, BMO Capital Markets raised Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 target price for the company in a research report on Monday, February 24th.
Get Our Latest Report on CENX
About Century Aluminum
(
Free Report)
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.
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