Mirae Asset Global Investments Co. Ltd. Purchases 155,657 Shares of Central Puerto S.A. (NYSE:CEPU)

Mirae Asset Global Investments Co. Ltd. increased its position in shares of Central Puerto S.A. (NYSE:CEPU) by 43.5% in the 4th quarter, HoldingsChannel reports. The fund owned 513,306 shares of the company’s stock after acquiring an additional 155,657 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Central Puerto were worth $4,671,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CEPU. Arrowstreet Capital Limited Partnership bought a new position in shares of Central Puerto during the 4th quarter worth approximately $1,251,000. 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 acquiring an additional 149,920 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Central Puerto during the 3rd quarter worth approximately $676,000. Millennium Management LLC bought a new position in shares of Central Puerto during the 2nd quarter worth approximately $331,000. Finally, Marshall Wace LLP bought a new position in shares of Central Puerto during the 4th quarter worth approximately $360,000. Institutional investors own 2.97% of the company’s stock.

Central Puerto Trading Down 6.9 %

Shares of Central Puerto stock opened at $9.52 on Tuesday. 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 12-month low of $5.30 and a 12-month high of $11.60. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 4.02 and a beta of 1.43. The firm’s 50 day simple moving average is $8.85 and its two-hundred day simple moving average is $8.12.

Central Puerto (NYSE:CEPU) last issued its quarterly earnings results on Monday, March 11th. The company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $2.66. Central Puerto had a net margin of 50.95% and a return on equity of 25.37%. The business had revenue of $193.03 million for the quarter. During the same quarter in the previous year, the company posted $0.96 EPS. Analysts predict that Central Puerto S.A. will post 0.33 EPS 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.