Dauntless Investment Group LLC Takes $387,000 Position in Century Aluminum (NASDAQ:CENX)

Dauntless Investment Group LLC purchased a new stake in Century Aluminum (NASDAQ:CENX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 21,250 shares of the industrial products company's stock, valued at approximately $387,000.

Several other large investors also recently made changes to their positions in the business. Nisa Investment Advisors LLC lifted its stake 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 purchasing an additional 2,000 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Century Aluminum during the 4th quarter valued at $39,000. Franklin Resources Inc. lifted its position in shares of Century Aluminum by 7.9% during the 3rd quarter. Franklin Resources Inc. now owns 30,115 shares of the industrial products company's stock valued at $524,000 after acquiring an additional 2,198 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Century Aluminum by 0.6% in the 4th quarter. Wellington Management Group LLP now owns 411,589 shares of the industrial products company's stock worth $7,499,000 after acquiring an additional 2,358 shares during the last quarter. Finally, AlphaQuest LLC raised its position in shares of Century Aluminum by 2,889.3% during the fourth 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. Institutional investors own 61.59% of the company's stock.

Century Aluminum Stock Down 0.1 %

NASDAQ CENX traded down $0.02 during trading on Tuesday, reaching $16.72. 529,980 shares of the company's stock were exchanged, compared to its average volume of 1,386,465. The firm has a market capitalization of $1.54 billion, a PE ratio of 5.28 and a beta of 2.56. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The company has a current ratio of 1.71, a quick ratio of 0.56 and a debt-to-equity ratio of 0.71. The company's fifty day simple moving average is $17.66 and its 200-day simple moving average is $19.15.

Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.47 EPS 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 firm had revenue of $631.00 million for the quarter, compared to the consensus estimate of $515.27 million. During the same period in the previous year, the firm posted $0.39 earnings per share. Sell-side analysts predict that Century Aluminum will post 2.76 EPS for the current year.

Insider Transactions at Century Aluminum

In other Century Aluminum news, CAO Robert F. Hoffman sold 2,500 shares of the stock in a transaction on 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 of the company's stock, valued at $1,281,019.17. This represents a 3.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CENX shares. StockNews.com lowered Century Aluminum from a "hold" rating to a "sell" rating in a research report on Monday, March 24th. BMO Capital Markets upgraded shares of Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price target for the company in a research report on Monday, February 24th.

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.