2 weeks Ago By ABMN Staff
Renaissance Technologies LLC decreased its holdings in shares of Century Aluminum ( NASDAQ:CENX – Free Report ) by 19.3% in the fourth quarter, HoldingsChannel reports. The firm owned 229,699 shares of the industrial products company’s stock after selling 55,000 shares during the quarter.
Renaissance Technologies LLC’s holdings in Century Aluminum were worth $4,185,000 at the end of the most recent quarter. A number of other large investors have also recently made changes to their positions in CENX. New Age Alpha Advisors LLC purchased a new stake in Century Aluminum in the fourth quarter worth $39,000.
AlphaQuest LLC lifted its position 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 worth $46,000 after purchasing an additional 2,427 shares during the period.
FNY Investment Advisers LLC bought a new stake in shares of Century Aluminum during the 4th quarter valued at about $54,000. Nisa Investment Advisors LLC raised its stake in Century Aluminum by 159.2% in the fourth quarter.
Nisa Investment Advisors LLC now owns 3,256 shares of the industrial products company’s stock worth $59,000 after buying an additional 2,000 shares in the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new stake in Century Aluminum in the fourth quarter worth about $199,000. 61.
59% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth A number of research analysts have recently commented on the company. 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 note on Monday, February 24th. StockNews.com cut shares of Century Aluminum from a “hold” rating to a “sell” rating in a research report on Monday, March 24th.
Insider Buying and Selling In other news, CAO Robert F. Hoffman sold 2,500 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $19.
99, for a total transaction of $49,975.00. Following the completion of the sale, the chief accounting officer now owns 64,083 shares of the company’s stock, valued at $1,281,019.
17. This represents a 3.75 % decrease in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . 0.68% of the stock is currently owned by corporate insiders.
Century Aluminum Price Performance Shares of NASDAQ:CENX opened at $15.19 on Tuesday. The company has a debt-to-equity ratio of 0.
71, a quick ratio of 0.56 and a current ratio of 1.71.
The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 4.81 and a beta of 2.
56. The business has a 50-day simple moving average of $18.11 and a two-hundred day simple moving average of $19.
13. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.
39. Century Aluminum ( NASDAQ:CENX – Get Free Report ) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.
47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.05.
Century Aluminum had a net margin of 14.69% and a return on equity of 13.38%.
The company had revenue of $631.00 million for the quarter, compared to the consensus estimate of $515.27 million.
During the same quarter in the prior year, the firm earned $0.39 earnings per share. On average, analysts expect that Century Aluminum will post 2.
76 earnings per share for the current year. Century Aluminum Company Profile ( 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.
Further Reading Want to see what other hedge funds are holding CENX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Century Aluminum ( NASDAQ:CENX – Free Report ). Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.
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