MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Buys 111,203 Shares of Century Aluminum (NASDAQ:CENX)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Century Aluminum (NASDAQ:CENX - Free Report) by 5.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,067,234 shares of the industrial products company's stock after purchasing an additional 111,203 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 2.23% of Century Aluminum worth $37,665,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Glencore plc purchased a new stake in Century Aluminum during the 4th quarter valued at approximately $729,427,000. Dimensional Fund Advisors LP grew its stake in shares of Century Aluminum by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,937,970 shares of the industrial products company's stock valued at $53,531,000 after acquiring an additional 28,557 shares in the last quarter. Yaupon Capital Management LP grew its stake in Century Aluminum by 76.3% in the fourth quarter. Yaupon Capital Management LP now owns 567,837 shares of the industrial products company's stock worth $10,346,000 after purchasing an additional 245,813 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Century Aluminum by 5.8% during the fourth quarter. Northern Trust Corp now owns 540,448 shares of the industrial products company's stock valued at $9,847,000 after buying an additional 29,400 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Century Aluminum by 10.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 539,161 shares of the industrial products company's stock worth $9,824,000 after purchasing an additional 51,770 shares in the last quarter. Institutional investors and hedge funds own 61.59% of the company's stock.

Century Aluminum Stock Performance

CENX traded down $0.13 on Friday, reaching $16.39. The company had a trading volume of 1,450,654 shares, compared to its average volume of 1,413,345. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.56 and a current ratio of 1.71. The stock has a market cap of $1.53 billion, a P/E ratio of 5.19 and a beta of 2.70. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The company's fifty day moving average is $17.09 and its 200 day moving average is $19.04.

Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly 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 during the quarter, compared to analyst estimates of $643.80 million. Century Aluminum had a net margin of 14.69% and a return on equity of 13.38%. As a group, analysts predict that Century Aluminum will post 2.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CENX has been the topic of several research analyst reports. StockNews.com upgraded shares of Century Aluminum from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. BMO Capital Markets raised shares of Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price objective for the company in a report on Monday, February 24th.

Insider Activity at Century Aluminum

In other Century Aluminum news, CAO Robert F. Hoffman sold 2,500 shares of Century Aluminum stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $19.99, for a total transaction of $49,975.00. Following the completion of the sale, the chief accounting officer now directly owns 64,083 shares in the company, valued at $1,281,019.17. The trade was a 3.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.76% of the stock is owned by insiders.

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.