Entropy Technologies LP Sells 12,364 Shares of Century Aluminum Company $CENX

Entropy Technologies LP reduced its position in shares of Century Aluminum Company (NASDAQ:CENX) by 45.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,589 shares of the industrial products company’s stock after selling 12,364 shares during the quarter. Entropy Technologies LP’s holdings in Century Aluminum were worth $856,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CENX. Jones Financial Companies Lllp bought a new position in shares of Century Aluminum during the 1st quarter worth $25,000. Private Trust Co. NA purchased a new position in shares of Century Aluminum during the fourth quarter valued at $28,000. Hollencrest Capital Management bought a new stake in shares of Century Aluminum in the first quarter valued at about $29,000. EverSource Wealth Advisors LLC raised its holdings in shares of Century Aluminum by 253.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 1,306 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Century Aluminum in the third quarter worth about $34,000. 61.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

CENX has been the topic of several recent research reports. Weiss Ratings cut shares of Century Aluminum from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. BMO Capital Markets set a $75.00 price target on shares of Century Aluminum and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Wall Street Zen cut shares of Century Aluminum from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Wells Fargo & Company increased their price objective on shares of Century Aluminum from $77.00 to $79.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Zacks Research lowered shares of Century Aluminum from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $76.00.

Century Aluminum Trading Down 2.0%

Shares of NASDAQ CENX opened at $43.96 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.30 and a quick ratio of 1.36. The stock has a market capitalization of $4.35 billion, a P/E ratio of 13.12 and a beta of 1.96. Century Aluminum Company has a 1-year low of $20.21 and a 1-year high of $70.43. The business has a fifty day moving average price of $52.60 and a 200 day moving average price of $53.97.

Century Aluminum Company Profile

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.