Central Puerto S.A. (NYSE:CEPU) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Central Puerto S.A. (NYSE:CEPU - Free Report) by 43.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 513,306 shares of the company's stock after purchasing an additional 155,657 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.34% of Central Puerto worth $4,671,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in CEPU. Autonomy Capital Jersey L.P. raised its stake in shares of Central Puerto by 2.8% during the 3rd quarter. Autonomy Capital Jersey L.P. now owns 760,000 shares of the company's stock worth $4,423,000 after buying an additional 20,925 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Central Puerto by 38.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 290,592 shares of the company's stock worth $1,572,000 after buying an additional 79,969 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Central Puerto by 186.7% during the 2nd quarter. Renaissance Technologies LLC now owns 230,236 shares of the company's stock worth $1,596,000 after buying an additional 149,920 shares during the last quarter. Hsbc Holdings PLC raised its stake in shares of Central Puerto by 5.6% during the 3rd quarter. Hsbc Holdings PLC now owns 175,393 shares of the company's stock worth $1,030,000 after buying an additional 9,366 shares during the last quarter. Finally, Trium Capital LLP raised its stake in shares of Central Puerto by 40.8% during the 3rd quarter. Trium Capital LLP now owns 144,783 shares of the company's stock worth $843,000 after buying an additional 41,918 shares during the last quarter. 2.97% of the stock is currently owned by hedge funds and other institutional investors.

Central Puerto Price Performance

Shares of NYSE:CEPU traded down $0.12 during midday trading on Tuesday, hitting $9.39. 532,948 shares of the stock were exchanged, compared to its average volume of 340,436. The stock has a market cap of $1.42 billion, a P/E ratio of 3.96 and a beta of 1.43. The company has a current ratio of 2.65, a quick ratio of 2.42 and a debt-to-equity ratio of 0.16. Central Puerto S.A. has a twelve month low of $5.30 and a twelve month high of $11.60. The company has a 50 day moving average price of $8.85 and a 200-day moving average price of $8.15.

Central Puerto (NYSE:CEPU - Get Free Report) last announced its earnings results on Monday, March 11th. The company reported $2.68 earnings per share for the quarter, beating the consensus estimate of $0.02 by $2.66. Central Puerto had a net margin of 50.95% and a return on equity of 25.37%. The firm had revenue of $193.03 million during the quarter. During the same period in the previous year, the firm posted $0.96 EPS. On average, research analysts forecast that Central Puerto S.A. will post 0.33 earnings per share for the current year.

Central Puerto Company 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.