Jane Street Group LLC Invests $405,000 in Central Puerto S.A. (NYSE:CEPU)

Jane Street Group LLC bought a new stake in Central Puerto S.A. (NYSE:CEPU - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 27,976 shares of the company's stock, valued at approximately $405,000.

Several other hedge funds have also made changes to their positions in the business. Invesco Ltd. boosted its stake in shares of Central Puerto by 60.7% in the fourth quarter. Invesco Ltd. now owns 24,949 shares of the company's stock valued at $362,000 after buying an additional 9,422 shares in the last quarter. OLD Mission Capital LLC purchased a new position in Central Puerto in the fourth quarter worth $776,000. Ping Capital Management Inc. lifted its holdings in Central Puerto by 4.9% in the fourth quarter. Ping Capital Management Inc. now owns 86,000 shares of the company's stock valued at $1,246,000 after acquiring an additional 4,000 shares during the period. Mirabella Financial Services LLP boosted its position in shares of Central Puerto by 259.1% during the 4th quarter. Mirabella Financial Services LLP now owns 90,088 shares of the company's stock worth $1,305,000 after purchasing an additional 65,000 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in shares of Central Puerto during the 4th quarter worth $1,319,000. Institutional investors and hedge funds own 2.97% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Central Puerto from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th.

Central Puerto Price Performance

Shares of CEPU traded down $0.70 on Wednesday, reaching $11.85. The stock had a trading volume of 303,304 shares, compared to its average volume of 318,032. Central Puerto S.A. has a twelve month low of $7.07 and a twelve month high of $16.60. The firm has a market capitalization of $1.79 billion, a PE ratio of 4.65 and a beta of 1.09. The firm has a 50-day moving average of $11.60 and a 200 day moving average of $12.92. The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18.

Central Puerto (NYSE:CEPU - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported $0.50 earnings per share for the quarter. The company had revenue of $196.00 million for the quarter. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. Sell-side analysts expect that Central Puerto S.A. will post 0.63 EPS for the current year.

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.