Segall Bryant & Hamill LLC Takes $1.36 Million Position in Century Aluminum Company (NASDAQ:CENX)

Segall Bryant & Hamill LLC purchased a new stake in Century Aluminum Company (NASDAQ:CENX - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 73,336 shares of the industrial products company's stock, valued at approximately $1,361,000. Segall Bryant & Hamill LLC owned 0.08% of Century Aluminum at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. bought a new stake in shares of Century Aluminum during the 1st quarter worth $1,146,000. New York State Common Retirement Fund raised its stake in shares of Century Aluminum by 21.3% during the 1st quarter. New York State Common Retirement Fund now owns 359,867 shares of the industrial products company's stock worth $6,679,000 after purchasing an additional 63,086 shares during the period. Compass Wealth Management LLC bought a new stake in shares of Century Aluminum during the 1st quarter worth $598,000. Principal Financial Group Inc. raised its stake in shares of Century Aluminum by 2.2% during the 1st quarter. Principal Financial Group Inc. now owns 326,795 shares of the industrial products company's stock worth $6,065,000 after purchasing an additional 7,093 shares during the period. Finally, Teacher Retirement System of Texas raised its stake in shares of Century Aluminum by 130.4% during the 1st quarter. Teacher Retirement System of Texas now owns 33,414 shares of the industrial products company's stock worth $620,000 after purchasing an additional 18,909 shares during the period. Institutional investors and hedge funds own 61.59% of the company's stock.

Century Aluminum Stock Performance

CENX stock traded up $0.25 during trading on Wednesday, reaching $22.78. The stock had a trading volume of 1,096,687 shares, compared to its average volume of 1,432,598. The stock's 50 day moving average is $18.26 and its two-hundred day moving average is $18.23. The company has a current ratio of 1.84, a quick ratio of 0.63 and a debt-to-equity ratio of 0.66. Century Aluminum Company has a 52 week low of $11.40 and a 52 week high of $25.39. The firm has a market cap of $2.13 billion, a PE ratio of 19.31 and a beta of 2.55.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Century Aluminum from a "buy" rating to a "hold" rating in a research note on Friday, July 18th.

Century Aluminum Company Profile

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.