436,688 Shares in Century Aluminum Company $CENX Bought by Rokos Capital Management LLP

Rokos Capital Management LLP bought a new stake in Century Aluminum Company (NASDAQ:CENX) in the first quarter, HoldingsChannel reports. The fund bought 436,688 shares of the industrial products company’s stock, valued at approximately $25,636,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CENX. Jones Financial Companies Lllp acquired a new position in Century Aluminum during the first quarter valued at approximately $25,000. Private Trust Co. NA acquired a new stake in Century Aluminum in the 4th quarter valued at about $28,000. Hollencrest Capital Management bought a new position in Century Aluminum during the first quarter worth about $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of Century Aluminum by 253.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 1,306 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of Century Aluminum in the third quarter valued at $34,000. 61.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CENX shares. Wells Fargo & Company upped their price target on shares of Century Aluminum from $77.00 to $79.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Zacks Research lowered shares of Century Aluminum from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Weiss Ratings cut Century Aluminum from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. BMO Capital Markets set a $75.00 target price on Century Aluminum and gave the stock an “outperform” rating in a report on Thursday, April 9th. Finally, Wall Street Zen cut shares of Century Aluminum from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $76.00.

Century Aluminum Stock Performance

Century Aluminum stock opened at $44.87 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.30 and a quick ratio of 1.36. Century Aluminum Company has a 1 year low of $20.21 and a 1 year high of $70.43. The business has a 50 day moving average of $52.89 and a 200-day moving average of $53.96. The company has a market capitalization of $4.44 billion, a P/E ratio of 13.39 and a beta of 1.96.

Century Aluminum Profile

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.