278,674 Shares in Century Aluminum Company (NASDAQ:CENX) Purchased by South Dakota Investment Council

South Dakota Investment Council acquired a new position in shares of Century Aluminum Company (NASDAQ:CENX - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 278,674 shares of the industrial products company's stock, valued at approximately $5,172,000. South Dakota Investment Council owned 0.30% of Century Aluminum as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. grew its position in Century Aluminum by 60.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 41,622 shares of the industrial products company's stock worth $773,000 after purchasing an additional 15,683 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Century Aluminum by 10.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 539,161 shares of the industrial products company's stock valued at $9,824,000 after acquiring an additional 51,770 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Century Aluminum by 13.1% during the 1st quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company's stock valued at $101,000 after acquiring an additional 628 shares in the last quarter. Teacher Retirement System of Texas boosted its position 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 valued at $620,000 after acquiring an additional 18,909 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its position 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 valued at $6,679,000 after acquiring an additional 63,086 shares in the last quarter. Institutional investors and hedge funds own 61.59% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Century Aluminum from a "buy" rating to a "hold" rating in a research report on Friday, July 18th.

Century Aluminum Stock Up 0.8%

Shares of Century Aluminum stock traded up $0.17 on Wednesday, hitting $22.70. The company had a trading volume of 345,943 shares, compared to its average volume of 1,428,340. Century Aluminum Company has a twelve month low of $11.40 and a twelve month high of $25.39. The stock has a 50-day moving average of $18.26 and a 200-day moving average of $18.23. The firm has a market capitalization of $2.12 billion, a P/E ratio of 19.23 and a beta of 2.55. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.84 and a quick ratio of 0.63.

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

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.