HRT Financial LP Purchases New Stake in Century Aluminum (NASDAQ:CENX)

HRT Financial LP bought a new stake in Century Aluminum (NASDAQ:CENX - Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 42,996 shares of the industrial products company's stock, valued at approximately $351,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Mutual of America Capital Management LLC raised its holdings in shares of Century Aluminum by 18.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 10,178 shares of the industrial products company's stock worth $54,000 after buying an additional 1,597 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Century Aluminum by 33.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,410 shares of the industrial products company's stock worth $69,000 after buying an additional 2,119 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in shares of Century Aluminum by 27.8% in the 4th quarter. First Eagle Investment Management LLC now owns 410,905 shares of the industrial products company's stock worth $3,361,000 after buying an additional 89,500 shares in the last quarter. Jade Capital Advisors LLC acquired a new position in shares of Century Aluminum in the 3rd quarter worth approximately $79,000. Finally, Venture Visionary Partners LLC acquired a new position in shares of Century Aluminum in the 4th quarter worth approximately $881,000. Hedge funds and other institutional investors own 55.18% of the company's stock.

A number of research analysts have commented on CENX shares. TheStreet lowered Century Aluminum from a "c" rating to a "d+" rating in a research report on Thursday, February 23rd. StockNews.com assumed coverage on Century Aluminum in a research report on Thursday, May 18th. They issued a "sell" rating on the stock. B. Riley cut Century Aluminum from a "buy" rating to a "neutral" rating and set a $12.00 price objective for the company. in a research note on Wednesday, March 1st. They noted that the move was a valuation call. Finally, Wolfe Research raised Century Aluminum from an "underperform" rating to a "peer perform" rating in a research note on Friday, February 24th. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $8.33.

Shares of Century Aluminum stock opened at $8.51 on Tuesday. The firm has a market cap of $785.64 million, a price-to-earnings ratio of -9.78 and a beta of 2.67. The stock's 50-day moving average is $8.65 and its 200-day moving average is $9.28. Century Aluminum has a one year low of $5.27 and a one year high of $12.97. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.64 and a quick ratio of 0.46.

In related news, SVP Matt Aboud bought 18,000 shares of the company's stock in a transaction that occurred on Thursday, May 11th. The shares were acquired at an average price of $7.25 per share, for a total transaction of $130,500.00. Following the completion of the acquisition, the senior vice president now owns 46,678 shares of the company's stock, valued at approximately $338,415.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.76% of the stock is currently owned by corporate insiders.

Century Aluminum Co is a producer of aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. Its products include standard ingots, T-ingot, extrusion billet, horizontal direct chill ingot, molten, slab, and sow. The company was founded in 1995 and is headquartered in Chicago, IL.

Want to see what other hedge funds are holding CENX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Century Aluminum (NASDAQ:CENX - Get Rating).

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