Engineers Gate Manager LP acquired a new position in shares of Century Aluminum Co (NASDAQ:CENX) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,500 shares of the industrial products company’s stock, valued at approximately $197,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Century Aluminum by 1.4% during the first quarter. BlackRock Inc. now owns 6,464,997 shares of the industrial products company’s stock worth $106,930,000 after buying an additional 89,725 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Century Aluminum during the second quarter worth $21,772,000. JPMorgan Chase & Co. grew its holdings in shares of Century Aluminum by 329.9% during the first quarter. JPMorgan Chase & Co. now owns 1,340,691 shares of the industrial products company’s stock worth $22,176,000 after buying an additional 1,028,829 shares in the last quarter. Natixis grew its holdings in shares of Century Aluminum by 20.1% during the first quarter. Natixis now owns 946,163 shares of the industrial products company’s stock worth $15,650,000 after buying an additional 158,416 shares in the last quarter. Finally, Hood River Capital Management LLC grew its holdings in shares of Century Aluminum by 1.8% during the first quarter. Hood River Capital Management LLC now owns 651,452 shares of the industrial products company’s stock worth $10,775,000 after buying an additional 11,583 shares in the last quarter. Institutional investors own 57.08% of the company’s stock.

In related news, VP Michelle Harrison sold 14,398 shares of the company’s stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $17.39, for a total value of $250,381.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.59% of the company’s stock.

Shares of CENX opened at $12.73 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 2.89 and a debt-to-equity ratio of 0.29. Century Aluminum Co has a 12-month low of $11.04 and a 12-month high of $24.77. The stock has a market capitalization of $1.10 billion, a P/E ratio of 18.16 and a beta of 0.78.

Century Aluminum (NASDAQ:CENX) last announced its quarterly earnings data on Wednesday, August 1st. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.05. Century Aluminum had a net margin of 4.22% and a return on equity of 8.11%. The firm had revenue of $470.00 million during the quarter, compared to analyst estimates of $458.03 million. During the same quarter in the prior year, the firm posted $0.01 earnings per share. Century Aluminum’s quarterly revenue was up 20.9% on a year-over-year basis. equities research analysts anticipate that Century Aluminum Co will post 0.91 EPS for the current year.

A number of equities research analysts recently issued reports on CENX shares. Deutsche Bank raised shares of Century Aluminum from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Thursday, August 2nd. Zacks Investment Research lowered shares of Century Aluminum from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 5th. TheStreet lowered shares of Century Aluminum from a “b-” rating to a “c” rating in a report on Thursday, May 3rd. Cowen dropped their price objective on shares of Century Aluminum from $25.00 to $19.00 and set an “outperform” rating for the company in a report on Friday, May 4th. Finally, ValuEngine lowered shares of Century Aluminum from a “buy” rating to a “hold” rating in a report on Thursday, June 7th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $21.17.

Century Aluminum Company Profile

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.

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Institutional Ownership by Quarter for Century Aluminum (NASDAQ:CENX)

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