Two Sigma Investments LP reduced its position in shares of Central Puerto S.A. (NYSE:CEPU - Free Report) by 45.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 49,593 shares of the company's stock after selling 40,554 shares during the quarter. Two Sigma Investments LP's holdings in Central Puerto were worth $719,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Central Puerto by 84.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,283,463 shares of the company's stock worth $33,087,000 after purchasing an additional 1,047,490 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in shares of Central Puerto by 1,204.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 435,276 shares of the company's stock worth $6,307,000 after purchasing an additional 401,903 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Central Puerto in the fourth quarter worth approximately $1,319,000. Mirabella Financial Services LLP raised its stake in shares of Central Puerto by 259.1% in the fourth quarter. Mirabella Financial Services LLP now owns 90,088 shares of the company's stock worth $1,305,000 after purchasing an additional 65,000 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of Central Puerto in the fourth quarter worth approximately $776,000. 2.97% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Central Puerto from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th.
Check Out Our Latest Stock Report on CEPU
Central Puerto Stock Performance
CEPU stock opened at $12.37 on Friday. The firm has a market cap of $1.87 billion, a PE ratio of 4.85 and a beta of 1.14. The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $11.65 and a 200-day moving average of $12.89. Central Puerto S.A. has a 12-month low of $7.07 and a 12-month high of $16.60.
Central Puerto (NYSE:CEPU - Get Free Report) last released its earnings results on Monday, May 12th. The company reported $0.50 earnings per share (EPS) for the quarter. The company had revenue of $196.00 million during the quarter. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. As a group, sell-side analysts expect that Central Puerto S.A. will post 0.63 earnings per share for the current year.
Central Puerto Company Profile
(
Free Report)
Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.
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