Voya Investment Management LLC Has $264,000 Stock Holdings in Century Aluminum Company $CENX

Voya Investment Management LLC decreased its stake in shares of Century Aluminum Company (NASDAQ:CENX) by 10.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 14,230 shares of the industrial products company’s stock after selling 1,716 shares during the period. Voya Investment Management LLC’s holdings in Century Aluminum were worth $264,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp bought a new stake in shares of Century Aluminum during the 1st quarter worth about $25,000. Caitong International Asset Management Co. Ltd boosted its holdings in Century Aluminum by 261.8% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 4,020 shares of the industrial products company’s stock valued at $75,000 after purchasing an additional 2,909 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Century Aluminum by 13.1% during the 1st quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company’s stock worth $101,000 after acquiring an additional 628 shares during the period. AlphaQuest LLC lifted its holdings in shares of Century Aluminum by 177.6% during the 1st quarter. AlphaQuest LLC now owns 6,970 shares of the industrial products company’s stock worth $129,000 after acquiring an additional 4,459 shares during the period. Finally, Hodges Capital Management Inc. bought a new stake in shares of Century Aluminum during the first quarter worth $371,000. Institutional investors own 61.59% of the company’s stock.

Insider Transactions at Century Aluminum

In other Century Aluminum news, SVP Matt Aboud sold 12,027 shares of Century Aluminum stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $23.27, for a total transaction of $279,868.29. Following the completion of the sale, the senior vice president directly owned 62,589 shares in the company, valued at $1,456,446.03. The trade was a 16.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on CENX. BMO Capital Markets reaffirmed an “outperform” rating on shares of Century Aluminum in a research note on Friday, August 8th. Zacks Research upgraded shares of Century Aluminum from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 18th. B. Riley increased their target price on shares of Century Aluminum from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, September 9th. Finally, Wall Street Zen lowered shares of Century Aluminum from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $25.67.

Century Aluminum Price Performance

CENX opened at $29.40 on Tuesday. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 25.35 and a beta of 2.55. The company has a quick ratio of 0.61, a current ratio of 1.75 and a debt-to-equity ratio of 0.66. The firm has a 50-day moving average price of $23.39 and a 200-day moving average price of $19.62. Century Aluminum Company has a twelve month low of $13.05 and a twelve month high of $30.08.

Century Aluminum (NASDAQ:CENX) last posted its earnings results on Thursday, August 7th. The industrial products company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.39). Century Aluminum had a return on equity of 18.02% and a net margin of 4.94%.The business had revenue of $628.10 million during the quarter, compared to analysts’ expectations of $606.10 million. Equities analysts expect that Century Aluminum Company will post 2.76 EPS for the current year.

Century Aluminum Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.