Swiss National Bank grew its position in Century Aluminum Co (NASDAQ:CENX) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,350 shares of the industrial products company’s stock after buying an additional 2,600 shares during the quarter. Swiss National Bank owned 0.11% of Century Aluminum worth $680,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its holdings in Century Aluminum by 893.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 11,598 shares of the industrial products company’s stock valued at $103,000 after buying an additional 10,430 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of Century Aluminum by 5.5% in the second quarter. Crossmark Global Holdings Inc. now owns 35,480 shares of the industrial products company’s stock valued at $245,000 after acquiring an additional 1,835 shares during the last quarter. Texas Permanent School Fund increased its position in shares of Century Aluminum by 4.3% in the first quarter. Texas Permanent School Fund now owns 33,500 shares of the industrial products company’s stock valued at $297,000 after acquiring an additional 1,387 shares during the last quarter. Comerica Bank increased its position in shares of Century Aluminum by 3.1% in the first quarter. Comerica Bank now owns 48,969 shares of the industrial products company’s stock valued at $447,000 after acquiring an additional 1,476 shares during the last quarter. Finally, WINTON GROUP Ltd increased its position in Century Aluminum by 13.1% during the second quarter. WINTON GROUP Ltd now owns 73,068 shares of the industrial products company’s stock worth $505,000 after buying an additional 8,487 shares during the last quarter. Hedge funds and other institutional investors own 54.20% of the company’s stock.
Shares of NASDAQ CENX traded up $0.31 during midday trading on Friday, reaching $7.24. The stock had a trading volume of 25,709 shares, compared to its average volume of 957,419. The stock has a 50-day moving average of $6.29 and a 200-day moving average of $7.30. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 2.45. The company has a market capitalization of $635.56 million, a price-to-earnings ratio of -52.00 and a beta of 1.89. Century Aluminum Co has a 12-month low of $5.02 and a 12-month high of $13.47.
Century Aluminum (NASDAQ:CENX) last posted its quarterly earnings results on Thursday, August 1st. The industrial products company reported ($0.17) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.28) by $0.11. The company had revenue of $473.10 million for the quarter, compared to analysts’ expectations of $475.87 million. Century Aluminum had a negative return on equity of 15.98% and a negative net margin of 7.28%. The firm’s revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 EPS. As a group, analysts forecast that Century Aluminum Co will post -1.19 EPS for the current fiscal year.
A number of equities research analysts have recently issued reports on the company. BidaskClub upgraded Century Aluminum from a “sell” rating to a “hold” rating in a report on Thursday. TheStreet cut Century Aluminum from a “c-” rating to a “d+” rating in a research note on Wednesday, May 22nd. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Century Aluminum presently has an average rating of “Hold” and an average target price of $12.14.
Century Aluminum Company Profile
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.
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