Great West Life Assurance Co. Can Purchases New Holdings in Century Aluminum Co (NASDAQ:CENX)

Great West Life Assurance Co. Can purchased a new stake in shares of Century Aluminum Co (NASDAQ:CENX) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 59,228 shares of the industrial products company’s stock, valued at approximately $441,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Century Aluminum during the fourth quarter valued at approximately $565,000. Tower Research Capital LLC TRC increased its position in shares of Century Aluminum by 1,471.5% during the third quarter. Tower Research Capital LLC TRC now owns 7,512 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 7,034 shares during the last quarter. Aigen Investment Management LP purchased a new stake in shares of Century Aluminum during the fourth quarter valued at approximately $278,000. California State Teachers Retirement System increased its position in shares of Century Aluminum by 2.3% during the third quarter. California State Teachers Retirement System now owns 78,259 shares of the industrial products company’s stock valued at $519,000 after acquiring an additional 1,772 shares during the last quarter. Finally, State Street Corp increased its position in shares of Century Aluminum by 1.0% during the third quarter. State Street Corp now owns 1,473,305 shares of the industrial products company’s stock valued at $9,775,000 after acquiring an additional 14,622 shares during the last quarter. 55.82% of the stock is owned by institutional investors.

CENX has been the subject of a number of research analyst reports. B. Riley downgraded Century Aluminum from a “buy” rating to a “neutral” rating and decreased their price target for the company from $11.00 to $5.00 in a research report on Tuesday. ValuEngine raised Century Aluminum from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. Finally, BidaskClub downgraded Century Aluminum from a “sell” rating to a “strong sell” rating in a research report on Friday, March 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Century Aluminum presently has an average rating of “Hold” and an average target price of $8.00.

Shares of NASDAQ CENX opened at $3.67 on Thursday. The stock has a fifty day simple moving average of $5.14 and a two-hundred day simple moving average of $6.43. Century Aluminum Co has a 1-year low of $3.01 and a 1-year high of $9.91. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.09 and a quick ratio of 0.71.

Century Aluminum (NASDAQ:CENX) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.05. Century Aluminum had a negative return on equity of 18.44% and a negative net margin of 4.40%. The business had revenue of $435.50 million during the quarter, compared to analyst estimates of $431.30 million. During the same period in the prior year, the company earned ($0.43) earnings per share. Century Aluminum’s revenue was down 10.6% compared to the same quarter last year. Equities research analysts expect that Century Aluminum Co will post 0.41 earnings per share for the current fiscal year.

About Century Aluminum

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.

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

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