Aquatic Capital Management LLC Purchases 31,318 Shares of Century Aluminum (NASDAQ:CENX)

Aquatic Capital Management LLC raised its holdings in shares of Century Aluminum (NASDAQ:CENX - Free Report) by 109.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,818 shares of the industrial products company's stock after purchasing an additional 31,318 shares during the quarter. Aquatic Capital Management LLC owned 0.06% of Century Aluminum worth $1,090,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. New Age Alpha Advisors LLC bought a new position in shares of Century Aluminum in the 4th quarter valued at about $39,000. AlphaQuest LLC boosted its holdings 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 position in shares of Century Aluminum during the 4th quarter valued at approximately $54,000. Nisa Investment Advisors LLC raised its holdings in Century Aluminum by 159.2% during the 4th 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 during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in Century Aluminum in the fourth quarter worth $199,000. 61.59% of the stock is owned by hedge funds and other institutional investors.

Century Aluminum Trading Up 0.6 %

CENX stock traded up $0.10 during mid-day trading on Tuesday, reaching $16.48. The company had a trading volume of 222,864 shares, compared to its average volume of 1,379,079. The firm has a 50 day moving average of $17.43 and a 200 day moving average of $19.13. 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 has a 12 month low of $11.40 and a 12 month high of $25.39. The company has a market capitalization of $1.54 billion, a PE ratio of 5.22 and a beta of 2.70.

Century Aluminum (NASDAQ:CENX - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.42 by $0.05. The company had revenue of $631.00 million for the quarter, compared to the consensus estimate 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 business posted $0.39 EPS. On average, equities analysts predict that Century Aluminum will post 2.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on CENX. BMO Capital Markets upgraded shares of Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price objective on the stock in a research report on Monday, February 24th. StockNews.com downgraded shares of Century Aluminum from a "hold" rating to a "sell" rating in a report on Monday, March 24th.

Insider Activity

In other Century Aluminum news, CAO Robert F. Hoffman sold 2,500 shares of the 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 transaction, the chief accounting officer now directly owns 64,083 shares in the company, valued at $1,281,019.17. This represents a 3.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.68% of the company's stock.

Century Aluminum Company Profile

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.