Yousif Capital Management LLC Has $362,000 Holdings in Century Aluminum (NASDAQ:CENX)

Yousif Capital Management LLC lessened its stake in Century Aluminum (NASDAQ:CENX) by 5.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,847 shares of the industrial products company’s stock after selling 1,214 shares during the period. Yousif Capital Management LLC’s holdings in Century Aluminum were worth $362,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CENX. Nisa Investment Advisors LLC increased its position in Century Aluminum by 159.2% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,256 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 2,000 shares during the period. Park Avenue Securities LLC acquired a new position in Century Aluminum during the 4th quarter valued at about $337,000. FNY Investment Advisers LLC bought a new position in shares of Century Aluminum in the 4th quarter valued at about $54,000. JPMorgan Chase & Co. grew its position in shares of Century Aluminum by 49.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 959,033 shares of the industrial products company’s stock worth $15,565,000 after buying an additional 319,164 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of Century Aluminum by 17.0% during the third quarter. Principal Financial Group Inc. now owns 301,992 shares of the industrial products company’s stock worth $4,901,000 after buying an additional 43,881 shares during the last quarter. Institutional investors own 61.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on CENX shares. B. Riley lifted their target price on shares of Century Aluminum from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. StockNews.com raised Century Aluminum from a “sell” rating to a “hold” rating in a research note on Saturday, November 9th. Wolfe Research upgraded Century Aluminum from a “peer perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a report on Tuesday, December 3rd. Finally, BMO Capital Markets raised their target price on Century Aluminum from $16.00 to $18.00 and gave the stock a “market perform” rating in a report on Tuesday, November 5th.

Insiders Place Their Bets

In other Century Aluminum news, CEO Jesse E. Gary sold 29,243 shares of Century Aluminum stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $18.97, for a total value of $554,739.71. Following the transaction, the chief executive officer now owns 50,753 shares of the company’s stock, valued at approximately $962,784.41. The trade was a 36.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Century Aluminum Trading Down 2.1 %

Shares of NASDAQ CENX opened at $20.94 on Tuesday. Century Aluminum has a twelve month low of $9.65 and a twelve month high of $25.39. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 7.00 and a beta of 2.50. The company has a quick ratio of 0.56, a current ratio of 1.71 and a debt-to-equity ratio of 0.71. The company’s fifty day moving average is $19.39 and its 200-day moving average is $17.91.

Century Aluminum Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.