Long Focus Capital Management LLC Cuts Position in Central Puerto S.A. (NYSE:CEPU)

Long Focus Capital Management LLC cut its position in Central Puerto S.A. (NYSE:CEPU - Free Report) by 54.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 272,696 shares of the company's stock after selling 320,000 shares during the quarter. Long Focus Capital Management LLC owned about 0.18% of Central Puerto worth $3,951,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CEPU. GAMMA Investing LLC grew its stake in Central Puerto by 169.1% in the 4th quarter. GAMMA Investing LLC now owns 9,942 shares of the company's stock valued at $144,000 after buying an additional 6,248 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Central Puerto in the third quarter valued at $157,000. Invesco Ltd. raised its stake in shares of Central Puerto by 60.7% during the 4th quarter. Invesco Ltd. now owns 24,949 shares of the company's stock valued at $362,000 after purchasing an additional 9,422 shares during the period. OLD Mission Capital LLC bought a new stake in shares of Central Puerto during the 4th quarter valued at $776,000. Finally, Ping Capital Management Inc. lifted its holdings in Central Puerto by 4.9% during the 4th quarter. Ping Capital Management Inc. now owns 86,000 shares of the company's stock worth $1,246,000 after purchasing an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 2.97% of the company's stock.

Central Puerto Price Performance

Shares of CEPU traded down $0.19 during midday trading on Monday, hitting $10.83. 57,996 shares of the company traded hands, compared to its average volume of 324,005. Central Puerto S.A. has a one year low of $7.07 and a one year high of $16.60. The firm has a market cap of $1.64 billion, a P/E ratio of 4.24 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.13 and a quick ratio of 1.97. The stock has a 50-day moving average of $11.56 and a 200-day moving average of $12.74.

Central Puerto (NYSE:CEPU - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.26. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%. The business had revenue of $168.00 million for the quarter, compared to analyst estimates of $187.32 billion. As a group, sell-side analysts predict that Central Puerto S.A. will post 0.63 EPS for the current fiscal year.

Central Puerto Profile

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.