Compass Wealth Management LLC acquired a new position in Century Aluminum Company (NASDAQ:CENX - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 32,200 shares of the industrial products company's stock, valued at approximately $598,000.
A number of other large investors also recently modified their holdings of the company. New Age Alpha Advisors LLC purchased a new stake in shares of Century Aluminum during the 4th quarter valued at about $39,000. AlphaQuest LLC grew its position 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 acquiring an additional 2,427 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Century Aluminum by 13.1% in the 1st quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company's stock worth $101,000 after acquiring an additional 628 shares in the last quarter. Corton Capital Inc. acquired a new position in shares of Century Aluminum in the 4th quarter worth approximately $189,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Century Aluminum during the 4th quarter valued at approximately $199,000. 61.59% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Century Aluminum from a "hold" rating to a "buy" rating in a research report on Saturday.
Read Our Latest Research Report on CENX
Century Aluminum Price Performance
Shares of CENX traded down $0.48 during midday trading on Monday, reaching $18.37. The stock had a trading volume of 1,120,733 shares, compared to its average volume of 1,430,478. Century Aluminum Company has a 52 week low of $11.40 and a 52 week high of $25.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.84 and a quick ratio of 0.63. The firm's 50 day moving average price is $17.46 and its 200-day moving average price is $18.09. The company has a market capitalization of $1.71 billion, a P/E ratio of 15.57 and a beta of 2.55.
Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its earnings results on Wednesday, May 7th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). The company had revenue of $633.90 million for the quarter, compared to analyst estimates of $643.80 million. Century Aluminum had a return on equity of 19.06% and a net margin of 5.17%. On average, analysts forecast that Century Aluminum Company will post 2.76 earnings per share for the current fiscal year.
About Century Aluminum
(
Free Report)
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.
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