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

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Century Aluminum (NASDAQ:CENX - Free Report) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,067,234 shares of the industrial products company's stock after buying an additional 111,203 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 2.23% of Century Aluminum worth $37,665,000 as of its most recent SEC filing.

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

Century Aluminum Price Performance

CENX traded down $0.01 during trading on Monday, reaching $16.39. The stock had a trading volume of 262,454 shares, compared to its average volume of 1,409,546. 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 PE ratio of 5.18 and a beta of 2.70. Century Aluminum has a one year low of $11.40 and a one year high of $25.39. The business has a 50-day moving average of $17.09 and a 200-day moving average of $19.06.

Century Aluminum (NASDAQ:CENX - Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $633.90 million during the quarter, compared to analysts' expectations of $643.80 million. Century Aluminum had a net margin of 14.69% and a return on equity of 13.38%. As a group, equities research analysts anticipate that Century Aluminum will post 2.76 EPS for the current fiscal year.

Insider Activity at Century Aluminum

In related news, CAO Robert F. Hoffman sold 2,500 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $19.99, for a total transaction of $49,975.00. Following the transaction, the chief accounting officer now owns 64,083 shares of the company's stock, valued at approximately $1,281,019.17. This represents a 3.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.76% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CENX shares. StockNews.com raised Century Aluminum from a "sell" rating to a "hold" rating in a report on Friday, May 9th. BMO Capital Markets upgraded Century Aluminum from a "market perform" rating to an "outperform" rating and set a $22.00 price objective for the company in a research report on Monday, February 24th.

Century Aluminum 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.