Century Aluminum (NASDAQ:CENX) Stock Position Trimmed by Everence Capital Management Inc.

Everence Capital Management Inc. cut its position in Century Aluminum (NASDAQ:CENXGet Rating) by 25.2% during the 1st quarter, HoldingsChannel reports. The firm owned 11,050 shares of the industrial products company’s stock after selling 3,730 shares during the quarter. Everence Capital Management Inc.’s holdings in Century Aluminum were worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. Walleye Capital LLC lifted its position in Century Aluminum by 23.3% in the 4th quarter. Walleye Capital LLC now owns 29,772 shares of the industrial products company’s stock valued at $493,000 after purchasing an additional 5,629 shares during the last quarter. Barclays PLC lifted its position in Century Aluminum by 50.0% in the 4th quarter. Barclays PLC now owns 150,852 shares of the industrial products company’s stock valued at $2,499,000 after purchasing an additional 50,312 shares during the last quarter. William Blair Investment Management LLC lifted its position in Century Aluminum by 50.2% in the 4th quarter. William Blair Investment Management LLC now owns 2,434,629 shares of the industrial products company’s stock valued at $40,317,000 after purchasing an additional 813,593 shares during the last quarter. Laurel Wealth Advisors Inc. lifted its position in Century Aluminum by 8.6% in the 4th quarter. Laurel Wealth Advisors Inc. now owns 18,890 shares of the industrial products company’s stock valued at $313,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Mountaineer Partners Management LLC bought a new stake in shares of Century Aluminum during the 4th quarter worth about $11,596,000. Hedge funds and other institutional investors own 56.11% of the company’s stock.

A number of research firms have commented on CENX. B. Riley dropped their price target on shares of Century Aluminum from $32.00 to $30.00 in a research report on Monday, May 2nd. TheStreet upgraded shares of Century Aluminum from a “d” rating to a “c” rating in a research report on Thursday, February 24th. Wolfe Research downgraded shares of Century Aluminum from an “outperform” rating to a “peer perform” rating and dropped their price target for the stock from $30.00 to $14.00 in a research report on Wednesday, May 18th. Finally, StockNews.com began coverage on shares of Century Aluminum in a research report on Thursday, March 31st. They set a “hold” rating on the stock.

Shares of CENX opened at $8.54 on Thursday. The firm’s 50 day moving average is $14.59 and its 200-day moving average is $18.28. The stock has a market capitalization of $779.12 million, a P/E ratio of -42.70 and a beta of 2.54. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.27 and a quick ratio of 0.53. Century Aluminum has a 12-month low of $8.44 and a 12-month high of $30.36.

Century Aluminum (NASDAQ:CENXGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The industrial products company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.23. The company had revenue of $753.60 million for the quarter, compared to analysts’ expectations of $748.40 million. Century Aluminum had a negative net margin of 0.57% and a positive return on equity of 11.58%. During the same quarter in the previous year, the company posted ($0.54) EPS. As a group, equities research analysts forecast that Century Aluminum will post 3.46 EPS for the current fiscal year.

About Century Aluminum (Get Rating)

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility in the Netherlands. The company was incorporated in 1981 and is headquartered in Chicago, Illinois.

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

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