Millennium Management LLC Has $998,000 Stock Position in Central Puerto S.A. (NYSE:CEPU)

Millennium Management LLC reduced its position in shares of Central Puerto S.A. (NYSE:CEPU - Free Report) by 74.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 68,846 shares of the company's stock after selling 202,585 shares during the period. Millennium Management LLC's holdings in Central Puerto were worth $998,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Central Puerto by 84.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,283,463 shares of the company's stock worth $33,087,000 after buying an additional 1,047,490 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in shares of Central Puerto by 1,204.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 435,276 shares of the company's stock worth $6,307,000 after acquiring an additional 401,903 shares in the last quarter. William Blair Investment Management LLC bought a new stake in Central Puerto during the 4th quarter worth approximately $1,319,000. Mirabella Financial Services LLP increased its holdings in Central Puerto by 259.1% during the 4th quarter. Mirabella Financial Services LLP now owns 90,088 shares of the company's stock valued at $1,305,000 after purchasing an additional 65,000 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new position in Central Puerto in the 4th quarter valued at $776,000. 2.97% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Central Puerto from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th.

Central Puerto Price Performance

NYSE:CEPU traded up $0.10 during mid-day trading on Friday, reaching $12.37. 170,171 shares of the company were exchanged, compared to its average volume of 317,408. Central Puerto S.A. has a 12 month low of $7.07 and a 12 month high of $16.60. The company has a fifty day moving average of $11.65 and a 200 day moving average of $12.89. The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.87 billion, a PE ratio of 4.85 and a beta of 1.14.

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