Aperio Group LLC lowered its stake in shares of Century Aluminum Company (NASDAQ:CENX) by 7.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,588 shares of the industrial products company’s stock after selling 4,381 shares during the period. Aperio Group LLC owned about 0.06% of Century Aluminum worth $888,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Texas Permanent School Fund increased its stake in shares of Century Aluminum by 0.9% during the second quarter. Texas Permanent School Fund now owns 36,315 shares of the industrial products company’s stock worth $566,000 after purchasing an additional 307 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of Century Aluminum by 3.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 11,730 shares of the industrial products company’s stock worth $183,000 after purchasing an additional 370 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Century Aluminum by 1.0% during the second quarter. The Manufacturers Life Insurance Company now owns 39,906 shares of the industrial products company’s stock worth $622,000 after purchasing an additional 406 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Century Aluminum by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 264,149 shares of the industrial products company’s stock worth $4,115,000 after purchasing an additional 825 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its stake in shares of Century Aluminum by 6.6% during the second quarter. Thrivent Financial For Lutherans now owns 30,050 shares of the industrial products company’s stock worth $468,000 after purchasing an additional 1,860 shares in the last quarter. 68.44% of the stock is owned by institutional investors and hedge funds.

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A number of analysts have recently commented on the stock. Zacks Investment Research cut shares of Century Aluminum from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 14th. BidaskClub cut shares of Century Aluminum from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. BMO Capital Markets set a $16.00 target price on shares of Century Aluminum and gave the stock a “hold” rating in a research note on Friday, October 27th. Cowen and Company set a $16.00 target price on shares of Century Aluminum and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Finally, J P Morgan Chase & Co raised shares of Century Aluminum from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $15.00 to $22.00 in a research note on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $17.10.

Century Aluminum Company (NASDAQ CENX) opened at $13.50 on Tuesday. Century Aluminum Company has a 52-week low of $8.39 and a 52-week high of $20.68. The company has a quick ratio of 1.27, a current ratio of 2.61 and a debt-to-equity ratio of 0.32.

Century Aluminum (NASDAQ:CENX) last posted its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.08). The business had revenue of $388.80 million for the quarter, compared to analyst estimates of $392.28 million. Century Aluminum had a negative return on equity of 0.17% and a negative net margin of 10.45%. The business’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.31) earnings per share. equities research analysts forecast that Century Aluminum Company will post 0.39 earnings per share for the current year.

Century Aluminum Company 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.

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

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