Century Aluminum (NASDAQ:CENX) Stock Holdings Increased by Yaupon Capital Management LP

Yaupon Capital Management LP raised its position in Century Aluminum (NASDAQ:CENX - Free Report) by 76.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 567,837 shares of the industrial products company's stock after purchasing an additional 245,813 shares during the quarter. Yaupon Capital Management LP owned about 0.61% of Century Aluminum worth $10,346,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings 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 valued at $15,565,000 after purchasing an additional 319,164 shares during the period. Barclays PLC increased its stake in Century Aluminum by 266.5% during the 3rd quarter. Barclays PLC now owns 97,396 shares of the industrial products company's stock valued at $1,581,000 after buying an additional 70,825 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Century Aluminum by 10.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 539,161 shares of the industrial products company's stock worth $9,824,000 after buying an additional 51,770 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Century Aluminum by 17.0% in the 3rd quarter. Principal Financial Group Inc. now owns 301,992 shares of the industrial products company's stock worth $4,901,000 after acquiring an additional 43,881 shares during the period. Finally, Park Avenue Securities LLC bought a new position in shares of Century Aluminum in the fourth quarter valued at approximately $337,000. Institutional investors own 61.59% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on CENX. BMO Capital Markets upgraded 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. StockNews.com lowered Century Aluminum from a "hold" rating to a "sell" rating in a report on Monday, March 24th.

Insider Buying and Selling

In related news, CAO Robert F. Hoffman sold 2,500 shares of the firm's stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 64,083 shares of the company's stock, valued at approximately $1,281,019.17. This trade represents a 3.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.68% of the stock is currently owned by company insiders.

Century Aluminum Price Performance

NASDAQ:CENX traded down $0.46 during trading hours on Friday, reaching $16.79. 768,012 shares of the company's stock were exchanged, compared to its average volume of 1,391,723. The company has a quick ratio of 0.56, a current ratio of 1.71 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $1.55 billion, a P/E ratio of 5.31 and a beta of 2.56. Century Aluminum has a 12 month low of $11.40 and a 12 month high of $25.39. The business's 50-day simple moving average is $17.74 and its two-hundred day simple moving average is $19.15.

Century Aluminum (NASDAQ:CENX - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.05. The business had revenue of $631.00 million during the quarter, compared to analyst estimates of $515.27 million. Century Aluminum had a return on equity of 13.38% and a net margin of 14.69%. During the same period last year, the company posted $0.39 EPS. Sell-side analysts expect that Century Aluminum will post 2.76 EPS for the current fiscal year.

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.