Virtu Financial LLC Purchases New Shares in Century Aluminum Company $CENX

Virtu Financial LLC purchased a new position in shares of Century Aluminum Company (NASDAQ:CENX) during the fourth quarter, HoldingsChannel reports. The fund purchased 28,614 shares of the industrial products company’s stock, valued at approximately $1,121,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in Century Aluminum in the 1st quarter valued at about $25,000. Private Trust Co. NA bought a new position in shares of Century Aluminum during the fourth quarter worth approximately $28,000. EverSource Wealth Advisors LLC increased its holdings in shares of Century Aluminum by 253.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 1,306 shares during the period. Advisory Services Network LLC bought a new position in shares of Century Aluminum during the third quarter worth approximately $34,000. Finally, Transamerica Financial Advisors LLC acquired a new stake in shares of Century Aluminum in the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds own 61.59% of the company’s stock.

Century Aluminum Stock Performance

NASDAQ:CENX opened at $51.71 on Friday. Century Aluminum Company has a twelve month low of $16.59 and a twelve month high of $70.43. The company has a quick ratio of 1.36, a current ratio of 2.30 and a debt-to-equity ratio of 0.37. The stock’s 50-day simple moving average is $61.59 and its 200 day simple moving average is $52.04. The firm has a market capitalization of $5.12 billion, a PE ratio of 15.44 and a beta of 1.90.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. BMO Capital Markets set a $75.00 price target on Century Aluminum and gave the company an “outperform” rating in a research note on Thursday, April 9th. Wall Street Zen upgraded Century Aluminum from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 13th. Weiss Ratings raised Century Aluminum from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, June 15th. Zacks Research downgraded Century Aluminum from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 8th. Finally, Wells Fargo & Company increased their target price on Century Aluminum from $77.00 to $79.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Century Aluminum has a consensus rating of “Moderate Buy” and an average target price of $80.00.

About Century Aluminum

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.