Vanguard Personalized Indexing Management LLC Invests $203,000 in Century Aluminum Company $CENX

Vanguard Personalized Indexing Management LLC bought a new position in shares of Century Aluminum Company (NASDAQ:CENX) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,257 shares of the industrial products company’s stock, valued at approximately $203,000.

Several other hedge funds have also made changes to their positions in CENX. GAMMA Investing LLC boosted its stake in shares of Century Aluminum by 13.1% during the first quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company’s stock worth $101,000 after buying an additional 628 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Century Aluminum by 60.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 41,622 shares of the industrial products company’s stock worth $773,000 after buying an additional 15,683 shares during the period. New York State Teachers Retirement System boosted its stake in shares of Century Aluminum by 3.4% during the first quarter. New York State Teachers Retirement System now owns 94,135 shares of the industrial products company’s stock worth $1,747,000 after buying an additional 3,067 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Century Aluminum by 130.4% during the first quarter. Teacher Retirement System of Texas now owns 33,414 shares of the industrial products company’s stock worth $620,000 after buying an additional 18,909 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Century Aluminum by 2.2% during the first quarter. Principal Financial Group Inc. now owns 326,795 shares of the industrial products company’s stock worth $6,065,000 after buying an additional 7,093 shares during the period. Institutional investors and hedge funds own 61.59% of the company’s stock.

Insider Buying and Selling

In related news, SVP Agust F. Hafberg sold 9,493 shares of the firm’s stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $27.91, for a total transaction of $264,949.63. Following the sale, the senior vice president owned 55,260 shares in the company, valued at approximately $1,542,306.60. This trade represents a 14.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Matt Aboud sold 12,027 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $23.27, for a total transaction of $279,868.29. Following the sale, the senior vice president owned 62,589 shares in the company, valued at approximately $1,456,446.03. This trade represents a 16.12% decrease in their position. The disclosure for this sale can be found here. 0.76% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on CENX shares. BMO Capital Markets restated an “outperform” rating on shares of Century Aluminum in a research report on Friday, August 8th. Weiss Ratings restated a “hold (c)” rating on shares of Century Aluminum in a research report on Friday. Wall Street Zen downgraded shares of Century Aluminum from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. B. Riley raised their price objective on shares of Century Aluminum from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, September 9th. Finally, Zacks Research upgraded shares of Century Aluminum from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Century Aluminum presently has a consensus rating of “Buy” and a consensus price target of $27.75.

Century Aluminum Trading Up 2.8%

Shares of CENX opened at $30.79 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.75 and a quick ratio of 0.61. The firm has a 50 day simple moving average of $26.62 and a 200-day simple moving average of $21.30. Century Aluminum Company has a 1-year low of $13.05 and a 1-year high of $34.51. The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 26.54 and a beta of 2.52.

Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Thursday, August 7th. The industrial products company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $606.10 million. Equities analysts forecast that Century Aluminum Company will post 2.76 EPS for the current fiscal year.

Century Aluminum Company 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.