JPMorgan Chase & Co. boosted its holdings in shares of Century Aluminum Company (NASDAQ:CENX) by 35.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,179,380 shares of the industrial products company’s stock after buying an additional 569,285 shares during the period. JPMorgan Chase & Co. owned approximately 2.50% of Century Aluminum worth $33,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in CENX. Impala Asset Management LLC increased its position in Century Aluminum by 143.5% during the 1st quarter. Impala Asset Management LLC now owns 1,714,144 shares of the industrial products company’s stock valued at $21,752,000 after buying an additional 1,010,144 shares in the last quarter. State Street Corp increased its position in Century Aluminum by 19.9% during the 1st quarter. State Street Corp now owns 4,491,650 shares of the industrial products company’s stock valued at $56,998,000 after buying an additional 744,622 shares in the last quarter. First Trust Advisors LP acquired a new position in Century Aluminum during the 2nd quarter valued at about $2,825,000. Chicago Equity Partners LLC acquired a new position in Century Aluminum during the 2nd quarter valued at about $2,232,000. Finally, Vanguard Group Inc. increased its position in Century Aluminum by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 4,524,482 shares of the industrial products company’s stock valued at $57,416,000 after buying an additional 106,570 shares in the last quarter. 67.18% of the stock is currently owned by institutional investors.

Century Aluminum Company (CENX) opened at 19.11 on Friday. The stock has a 50 day moving average price of $17.04 and a 200-day moving average price of $14.94. Century Aluminum Company has a one year low of $5.90 and a one year high of $20.63. The firm’s market capitalization is $1.67 billion.

Century Aluminum (NASDAQ:CENX) last posted its earnings results on Wednesday, August 2nd. The industrial products company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.28). Century Aluminum had a negative return on equity of 5.61% and a negative net margin of 16.48%. The firm had revenue of $388.80 million for the quarter, compared to analyst estimates of $398.33 million. During the same quarter last year, the firm posted ($0.05) EPS. The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. On average, analysts predict that Century Aluminum Company will post $0.54 earnings per share for the current fiscal year.

Several brokerages recently issued reports on CENX. Macquarie began coverage on Century Aluminum in a research report on Thursday, September 7th. They set a “neutral” rating on the stock. BidaskClub raised Century Aluminum from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th. Zacks Investment Research raised Century Aluminum from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Tuesday, July 18th. Cowen and Company set a $16.00 target price on Century Aluminum and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $14.00 target price on shares of Century Aluminum in a research report on Sunday, July 2nd. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $17.20.

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Century Aluminum Profile

Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. The Company’s primary aluminum facilities produce standard grade primary aluminum products.

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

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