Compass Wealth Management LLC Purchases New Position in Century Aluminum Company (NASDAQ:CENX)

Compass Wealth Management LLC acquired a new stake in shares of Century Aluminum Company (NASDAQ:CENX - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 32,200 shares of the industrial products company's stock, valued at approximately $598,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. boosted its holdings in Century Aluminum by 2.2% in the first quarter. Principal Financial Group Inc. now owns 326,795 shares of the industrial products company's stock worth $6,065,000 after acquiring an additional 7,093 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in Century Aluminum by 130.4% in the first quarter. Teacher Retirement System of Texas now owns 33,414 shares of the industrial products company's stock worth $620,000 after acquiring an additional 18,909 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in Century Aluminum by 3.4% in the first quarter. New York State Teachers Retirement System now owns 94,135 shares of the industrial products company's stock worth $1,747,000 after acquiring an additional 3,067 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Century Aluminum by 60.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,622 shares of the industrial products company's stock worth $773,000 after acquiring an additional 15,683 shares in the last quarter. Finally, FNY Investment Advisers LLC boosted its holdings in Century Aluminum by 1,328.8% in the first quarter. FNY Investment Advisers LLC now owns 42,865 shares of the industrial products company's stock worth $795,000 after acquiring an additional 39,865 shares in the last quarter. Institutional investors own 61.59% of the company's stock.

Century Aluminum Stock Performance

Shares of Century Aluminum stock traded up $0.59 on Tuesday, reaching $18.96. 658,345 shares of the stock were exchanged, compared to its average volume of 1,427,591. The company has a quick ratio of 0.63, a current ratio of 1.84 and a debt-to-equity ratio of 0.66. Century Aluminum Company has a twelve month low of $11.40 and a twelve month high of $25.39. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 16.07 and a beta of 2.55. The business has a 50 day moving average price of $17.46 and a two-hundred day moving average price of $18.09.

Century Aluminum (NASDAQ:CENX - Get Free Report) last released its earnings results on Wednesday, May 7th. The industrial products company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). Century Aluminum had a return on equity of 19.06% and a net margin of 5.17%. The firm had revenue of $633.90 million for the quarter, compared to analyst estimates of $643.80 million. Analysts anticipate that Century Aluminum Company will post 2.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Century Aluminum from a "hold" rating to a "buy" rating in a report on Saturday.

About Century Aluminum

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.