137,500 Shares in Century Aluminum Company (NASDAQ:CENX) Acquired by Monaco Asset Management SAM

Monaco Asset Management SAM 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 & Exchange Commission. The firm acquired 137,500 shares of the industrial products company's stock, valued at approximately $2,552,000. Century Aluminum comprises approximately 0.5% of Monaco Asset Management SAM's portfolio, making the stock its 22nd largest holding. Monaco Asset Management SAM owned 0.15% of Century Aluminum as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. New Age Alpha Advisors LLC acquired a new stake in shares of Century Aluminum in the fourth quarter valued at about $39,000. GAMMA Investing LLC grew its stake in Century Aluminum by 13.1% during the 1st quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company's stock worth $101,000 after buying an additional 628 shares during the last quarter. Corton Capital Inc. acquired a new position in Century Aluminum during the 4th quarter valued at about $189,000. KLP Kapitalforvaltning AS acquired a new position in Century Aluminum during the 4th quarter worth $199,000. Finally, Vise Technologies Inc. acquired a new position in Century Aluminum during the 4th quarter valued at about $225,000. Hedge funds and other institutional investors own 61.59% of the company's stock.

Century Aluminum Stock Performance

CENX traded down $0.71 on Friday, hitting $20.47. 1,639,849 shares of the stock traded hands, compared to its average volume of 1,695,765. The business has a fifty day moving average price of $19.11 and a two-hundred day moving average price of $18.38. The company has a current ratio of 1.84, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $1.91 billion, a PE ratio of 17.35 and a beta of 2.55. Century Aluminum Company has a 52 week low of $11.40 and a 52 week high of $25.39.

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

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Century Aluminum from a "hold" rating to a "buy" rating in a report on Saturday, July 26th.

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.