Northern Trust Corp Has $9.85 Million Stake in Century Aluminum (NASDAQ:CENX)

Northern Trust Corp boosted its holdings in Century Aluminum (NASDAQ:CENX - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 540,448 shares of the industrial products company's stock after buying an additional 29,400 shares during the quarter. Northern Trust Corp owned approximately 0.58% of Century Aluminum worth $9,847,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. New Age Alpha Advisors LLC bought a new position in Century Aluminum in the 4th quarter valued at approximately $39,000. AlphaQuest LLC raised its holdings in Century Aluminum by 2,889.3% during the 4th quarter. AlphaQuest LLC now owns 2,511 shares of the industrial products company's stock worth $46,000 after purchasing an additional 2,427 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in Century Aluminum by 159.2% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,256 shares of the industrial products company's stock worth $59,000 after purchasing an additional 2,000 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Century Aluminum during the 4th quarter worth approximately $199,000. Finally, Inceptionr LLC bought a new position in Century Aluminum during the 4th quarter worth approximately $207,000. Institutional investors own 61.59% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on CENX. BMO Capital Markets upgraded shares of Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price target for the company in a report on Monday, February 24th. Wall Street Zen upgraded shares of Century Aluminum from a "sell" rating to a "hold" rating in a report on Friday, May 9th.

Insider Transactions at Century Aluminum

In other news, CAO Robert F. Hoffman sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $19.99, for a total transaction of $49,975.00. Following the completion of the sale, the chief accounting officer now owns 64,083 shares of the company's stock, valued at $1,281,019.17. This trade represents a 3.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.76% of the company's stock.

Century Aluminum Trading Up 1.3%

Shares of CENX stock traded up $0.20 during trading hours on Friday, hitting $15.68. 929,603 shares of the company were exchanged, compared to its average volume of 1,405,975. The firm has a market cap of $1.46 billion, a P/E ratio of 4.96 and a beta of 2.70. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.56 and a current ratio of 1.71. The company has a 50 day simple moving average of $16.70 and a two-hundred day simple moving average of $18.96.

Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $0.28 EPS for the quarter, missing the consensus estimate 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 13.38% and a net margin of 14.69%. Equities analysts anticipate that Century Aluminum will post 2.76 EPS for the current year.

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.