Teacher Retirement System of Texas Has $620,000 Position in Century Aluminum Company (NASDAQ:CENX)

Teacher Retirement System of Texas grew its stake in shares of Century Aluminum Company (NASDAQ:CENX - Free Report) by 130.4% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 33,414 shares of the industrial products company's stock after buying an additional 18,909 shares during the period. Teacher Retirement System of Texas' holdings in Century Aluminum were worth $620,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in CENX. New York State Teachers Retirement System grew its stake in Century Aluminum by 3.4% during the first quarter. New York State Teachers Retirement System now owns 94,135 shares of the industrial products company's stock worth $1,747,000 after buying an additional 3,067 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of Century Aluminum by 60.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,622 shares of the industrial products company's stock valued at $773,000 after purchasing an additional 15,683 shares during the last quarter. FNY Investment Advisers LLC grew its stake in shares of Century Aluminum by 1,328.8% during the first quarter. FNY Investment Advisers LLC now owns 42,865 shares of the industrial products company's stock valued at $795,000 after purchasing an additional 39,865 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Century Aluminum by 13.1% during the first quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company's stock valued at $101,000 after purchasing an additional 628 shares during the last quarter. Finally, Park Avenue Securities LLC grew its stake in shares of Century Aluminum by 12.9% during the first quarter. Park Avenue Securities LLC now owns 20,890 shares of the industrial products company's stock valued at $388,000 after purchasing an additional 2,381 shares during the last quarter. Institutional investors and hedge funds own 61.59% of the company's stock.

Analysts Set New Price Targets

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

Century Aluminum Stock Performance

Shares of CENX traded up $0.23 during midday trading on Friday, reaching $20.32. The stock had a trading volume of 933,353 shares, compared to its average volume of 1,426,803. The firm has a 50 day simple moving average of $18.06 and a 200-day simple moving average of $18.16. Century Aluminum Company has a one year low of $11.40 and a one year high of $25.39. The firm has a market cap of $1.90 billion, a PE ratio of 17.22 and a beta of 2.55. 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 (NASDAQ:CENX - Get Free Report) last announced its earnings results 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). Century Aluminum had a return on equity of 19.06% and a net margin of 5.17%. The company had revenue of $633.90 million for the quarter, compared to the consensus estimate of $643.80 million. As a group, sell-side analysts anticipate that Century Aluminum Company 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.