Central Puerto S.A. Sponsored ADR $CEPU Shares Purchased by UBS Group AG

UBS Group AG increased its position in shares of Central Puerto S.A. Sponsored ADR (NYSE:CEPU) by 462.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,597 shares of the company’s stock after purchasing an additional 115,617 shares during the period. UBS Group AG owned 0.09% of Central Puerto worth $2,460,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in Central Puerto by 13.6% in the second quarter. Bank of America Corp DE now owns 20,531 shares of the company’s stock valued at $240,000 after acquiring an additional 2,460 shares during the last quarter. Jane Street Group LLC increased its position in shares of Central Puerto by 6.9% during the second quarter. Jane Street Group LLC now owns 53,073 shares of the company’s stock valued at $620,000 after acquiring an additional 3,424 shares during the last quarter. Van ECK Associates Corp acquired a new stake in shares of Central Puerto during the third quarter valued at about $60,000. Invesco Ltd. increased its position in shares of Central Puerto by 41.1% during the second quarter. Invesco Ltd. now owns 30,434 shares of the company’s stock valued at $355,000 after acquiring an additional 8,867 shares during the last quarter. Finally, Harbour Capital Advisors LLC acquired a new stake in shares of Central Puerto during the fourth quarter valued at about $174,000. Institutional investors and hedge funds own 2.97% of the company’s stock.

Central Puerto Price Performance

Shares of CEPU opened at $14.48 on Wednesday. Central Puerto S.A. Sponsored ADR has a 1-year low of $7.43 and a 1-year high of $18.50. The stock has a market cap of $2.19 billion, a PE ratio of 6.96 and a beta of 0.83. The firm has a 50-day simple moving average of $15.16 and a two-hundred day simple moving average of $15.69. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.77 and a quick ratio of 1.67.

Central Puerto (NYSE:CEPU) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.64. Central Puerto had a net margin of 37.86% and a return on equity of 15.69%. The business had revenue of $248.52 million during the quarter, compared to analysts’ expectations of $243.07 million. As a group, analysts forecast that Central Puerto S.A. Sponsored ADR will post 1.63 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CEPU shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Central Puerto in a research report on Friday, March 27th. Wall Street Zen upgraded shares of Central Puerto from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $17.50.

About Central Puerto

Central Puerto SA (NYSE: CEPU) is Argentina’s leading private power generation company, managing a diversified portfolio of thermal and renewable energy facilities across the country. Established following the privatization of the state-owned electricity company in the early 1990s, Central Puerto develops, operates and maintains a mix of combined-cycle and open-cycle gas turbine plants, as well as hydroelectric and renewable installations. The company’s thermal assets provide baseload and flexible generation capacity, while its renewable portfolio includes wind farms and solar parks that support Argentina’s clean energy objectives.

Headquartered in Buenos Aires, Central Puerto serves the national wholesale electricity market through long-term contracts with distribution companies and major industrial clients.