Verition Fund Management LLC lessened its stake in shares of Century Aluminum (NASDAQ:CENX – Get Rating) by 79.5% in the third quarter, Holdings Channel reports. The institutional investor owned 13,034 shares of the industrial products company’s stock after selling 50,621 shares during the quarter. Verition Fund Management LLC’s holdings in Century Aluminum were worth $69,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Mutual of America Capital Management LLC grew its holdings in Century Aluminum by 18.6% during the 3rd quarter. Mutual of America Capital Management LLC now owns 10,178 shares of the industrial products company’s stock valued at $54,000 after buying an additional 1,597 shares in the last quarter. Royce & Associates LP boosted its position in shares of Century Aluminum by 2.3% during the 3rd quarter. Royce & Associates LP now owns 465,438 shares of the industrial products company’s stock valued at $2,458,000 after acquiring an additional 10,600 shares during the last quarter. Hunter Associates Investment Management LLC bought a new stake in shares of Century Aluminum during the 2nd quarter valued at about $258,000. Louisiana State Employees Retirement System bought a new stake in shares of Century Aluminum during the 3rd quarter valued at about $129,000. Finally, SG Americas Securities LLC boosted its position in shares of Century Aluminum by 9.4% during the 2nd quarter. SG Americas Securities LLC now owns 20,232 shares of the industrial products company’s stock valued at $149,000 after acquiring an additional 1,746 shares during the last quarter. Hedge funds and other institutional investors own 55.18% of the company’s stock.
Century Aluminum Trading Down 11.0 %
NASDAQ:CENX opened at $10.08 on Friday. The company has a 50-day moving average price of $10.63 and a 200-day moving average price of $8.60. Century Aluminum has a 12 month low of $5.27 and a 12 month high of $29.85. The company has a current ratio of 1.65, a quick ratio of 0.68 and a debt-to-equity ratio of 0.96. The stock has a market cap of $930.59 million, a price-to-earnings ratio of -37.33 and a beta of 2.72.
Analyst Ratings Changes
About Century Aluminum
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.
- Get a free copy of the StockNews.com research report on Century Aluminum (CENX)
- What the SVB Financial Collapse Means for U.S. Banks
- MarketBeat Week in Review – 3/6 – 3/10
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
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).
Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.