180,000 Shares in Central Puerto S.A. Sponsored ADR $CEPU Bought by Banco BTG Pactual S.A.

Key Points

• Banco BTG Pactual S.A. acquired 180,000 shares of Central Puerto S.A. Sponsored ADR, valued at approximately $1.996 million, indicating growing interest from institutional investors.
• Central Puerto's stock has seen a 5.0% decline recently, with current trading at $11.0240, amid a market capitalization of $1.67 billion.
• Analysts have upgraded Central Puerto from a "buy" to a "strong-buy" rating, with a consensus rating of "Hold" and an average target price of $12.00.

Banco BTG Pactual S.A. acquired a new position in Central Puerto S.A. Sponsored ADR (NYSE:CEPU - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 180,000 shares of the company's stock, valued at approximately $1,996,000. Banco BTG Pactual S.A. owned about 0.12% of Central Puerto as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Central Puerto by 84.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,283,463 shares of the company's stock worth $33,087,000 after purchasing an additional 1,047,490 shares during the period. Hsbc Holdings PLC grew its position in Central Puerto by 16.7% in the 1st quarter. Hsbc Holdings PLC now owns 125,136 shares of the company's stock worth $1,405,000 after purchasing an additional 17,904 shares during the period. GAMMA Investing LLC grew its position in Central Puerto by 863.3% in the 1st quarter. GAMMA Investing LLC now owns 95,773 shares of the company's stock worth $1,062,000 after purchasing an additional 85,831 shares during the period. Ping Capital Management Inc. grew its position in Central Puerto by 7.0% in the 1st quarter. Ping Capital Management Inc. now owns 92,000 shares of the company's stock worth $1,020,000 after purchasing an additional 6,000 shares during the period. Finally, Bosun Asset Management LLC bought a new stake in Central Puerto in the 4th quarter worth approximately $666,000. Institutional investors own 2.97% of the company's stock.

Central Puerto Stock Performance

Shares of CEPU stock traded down $0.1020 during mid-day trading on Friday, reaching $10.9980. 209,972 shares of the company's stock traded hands, compared to its average volume of 234,265. Central Puerto S.A. Sponsored ADR has a 12 month low of $8.50 and a 12 month high of $16.60. The firm has a 50 day moving average price of $11.83 and a two-hundred day moving average price of $11.95. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.13 and a current ratio of 1.31. The firm has a market capitalization of $1.67 billion, a PE ratio of 11.22 and a beta of 1.10.

Central Puerto (NYSE:CEPU - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.48 earnings per share (EPS) for the quarter. Central Puerto had a net margin of 21.30% and a return on equity of 11.81%. The firm had revenue of $179.60 million during the quarter. On average, research analysts forecast that Central Puerto S.A. Sponsored ADR will post 0.63 EPS for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Central Puerto from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 3rd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Central Puerto has a consensus rating of "Hold" and an average target price of $12.00.

About Central Puerto

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.