Pictet Asset Management Holding SA Raises Holdings in Central Puerto S.A. (NYSE:CEPU)

Pictet Asset Management Holding SA increased its position in shares of Central Puerto S.A. (NYSE:CEPU - Free Report) by 1,204.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 435,276 shares of the company's stock after buying an additional 401,903 shares during the period. Pictet Asset Management Holding SA owned about 0.29% of Central Puerto worth $6,307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in CEPU. Verition Fund Management LLC bought a new stake in Central Puerto during the 3rd quarter valued at $121,000. Quadrature Capital Ltd purchased a new stake in shares of Central Puerto during the 3rd quarter worth $122,000. GAMMA Investing LLC boosted its position in Central Puerto by 169.1% during the fourth 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 in the last quarter. Virtu Financial LLC purchased a new position in Central Puerto in the third quarter valued at about $157,000. Finally, Point72 Asset Management L.P. bought a new position in Central Puerto in the third quarter worth about $351,000. 2.97% of the stock is currently owned by institutional investors.

Central Puerto Stock Down 3.7 %

Shares of NYSE:CEPU traded down $0.35 during trading on Tuesday, reaching $9.19. The stock had a trading volume of 434,900 shares, compared to its average volume of 331,850. The firm's 50-day simple moving average is $12.36 and its 200 day simple moving average is $12.64. The company has a current ratio of 2.13, a quick ratio of 1.97 and a debt-to-equity ratio of 0.18. Central Puerto S.A. has a one year low of $7.07 and a one year high of $16.60. The company has a market capitalization of $1.39 billion, a P/E ratio of 3.60 and a beta of 1.02.

Central Puerto (NYSE:CEPU - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.26. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%. The company had revenue of $168.00 million during the quarter, compared to the consensus estimate of $187.32 billion. As a group, research analysts expect that Central Puerto S.A. will post 0.63 EPS for the current fiscal year.

Central Puerto Profile

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.