Headlands Technologies LLC Sells 13,275 Shares of Century Aluminum Company (NASDAQ:CENX)

Headlands Technologies LLC trimmed its position in Century Aluminum Company (NASDAQ:CENX - Free Report) by 62.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,926 shares of the industrial products company's stock after selling 13,275 shares during the quarter. Headlands Technologies LLC's holdings in Century Aluminum were worth $147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in CENX. Wells Fargo & Company MN increased its stake in shares of Century Aluminum by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 103,577 shares of the industrial products company's stock worth $1,887,000 after buying an additional 3,580 shares during the period. Federated Hermes Inc. boosted its holdings in Century Aluminum by 190.7% in the fourth quarter. Federated Hermes Inc. now owns 72,283 shares of the industrial products company's stock valued at $1,317,000 after acquiring an additional 47,417 shares in the last quarter. Capital Fund Management S.A. bought a new stake in Century Aluminum in the fourth quarter valued at $503,000. Barclays PLC boosted its holdings in shares of Century Aluminum by 2.6% during the 4th quarter. Barclays PLC now owns 99,918 shares of the industrial products company's stock valued at $1,820,000 after buying an additional 2,522 shares in the last quarter. Finally, Cohen & Steers Inc. bought a new stake in shares of Century Aluminum during the 4th quarter valued at $3,485,000. 61.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. BMO Capital Markets restated an "outperform" rating on shares of Century Aluminum in a report on Friday, August 8th. Wall Street Zen lowered Century Aluminum from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. Finally, B. Riley lifted their price target on Century Aluminum from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Friday, August 8th.

Century Aluminum Stock Performance

Shares of NASDAQ:CENX traded down $0.24 during mid-day trading on Thursday, reaching $23.58. 1,180,232 shares of the company traded hands, compared to its average volume of 1,687,218. Century Aluminum Company has a 52 week low of $11.63 and a 52 week high of $25.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.75 and a quick ratio of 0.61. The firm has a market cap of $2.20 billion, a PE ratio of 20.33 and a beta of 2.53. The company's 50 day moving average price is $20.02 and its 200-day moving average price is $18.50.

Century Aluminum (NASDAQ:CENX - Get Free Report) last posted its earnings results on Thursday, August 7th. The industrial products company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by ($0.39). Century Aluminum had a net margin of 4.94% and a return on equity of 18.02%. The business had revenue of $628.10 million during the quarter, compared to analysts' expectations of $606.10 million. On average, equities analysts expect that Century Aluminum Company will post 2.76 EPS for the current fiscal year.

Century Aluminum 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.