Cubist Systematic Strategies LLC Acquires New Holdings in Central Puerto S.A. Sponsored ADR $CEPU

Key Points

• Cubist Systematic Strategies LLC has acquired 62,016 shares of Central Puerto S.A., valued at around $688,000, as part of their 1st quarter investment strategy.
• Wall Street Zen has upgraded Central Puerto to a "strong-buy" rating, while the consensus price target for the stock is set at $12.00.
• Central Puerto reported earnings of $0.48 per share with a net margin of 21.30% during their last quarter, indicating solid financial performance.

Cubist Systematic Strategies LLC acquired a new position in shares of 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 firm acquired 62,016 shares of the company's stock, valued at approximately $688,000.

A number of other institutional investors have also recently bought and sold shares of the business. Banco BTG Pactual S.A. acquired a new stake in Central Puerto during the 1st quarter worth about $1,996,000. Hsbc Holdings PLC boosted its position in Central Puerto by 16.7% during the 1st quarter. Hsbc Holdings PLC now owns 125,136 shares of the company's stock worth $1,405,000 after acquiring an additional 17,904 shares during the period. Virtu Financial LLC acquired a new stake in Central Puerto during the 1st quarter worth about $170,000. Advisors Preferred LLC acquired a new stake in Central Puerto during the 1st quarter worth about $53,000. Finally, Ping Capital Management Inc. boosted its position in Central Puerto by 7.0% during the 1st quarter. Ping Capital Management Inc. now owns 92,000 shares of the company's stock worth $1,020,000 after acquiring an additional 6,000 shares during the period. 2.97% of the stock is currently owned by institutional investors and hedge funds.

Central Puerto Stock Down 2.4%

Shares of CEPU traded down $0.21 during midday trading on Monday, reaching $8.36. 804,117 shares of the stock were exchanged, compared to its average volume of 319,600. Central Puerto S.A. Sponsored ADR has a 12-month low of $8.30 and a 12-month high of $16.60. The firm has a 50 day simple moving average of $11.19 and a 200-day simple moving average of $11.58. The company has a quick ratio of 1.20, a current ratio of 1.31 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 8.53 and a beta of 1.16.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Central Puerto from a "buy" rating to a "strong-buy" rating in a research report on Sunday, August 3rd.

Central Puerto Profile

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.