Fourth Sail Capital LP Makes New Investment in Central Puerto S.A. Sponsored ADR $CEPU
Fourth Sail Capital LP has acquired a new position in Central Puerto S.A. Sponsored ADR (NYSE:CEPU), purchasing 148,601 shares valued at approximately $1.736 million. This investment represents about 0.4% of Fourth Sail's holdings, making CEPU its 26th largest holding. Other institutional investors have also increased their stakes in CEPU. The stock opened at $14.48, with a market cap of $2.19 billion and a PE ratio of 14.77. Analysts have mixed ratings on CEPU, with an average target price of $17.50.
Fourth Sail Capital LP purchased a new position in Central Puerto S.A. Sponsored ADR (NYSE:CEPU - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 148,601 shares of the company's stock, valued at approximately $1,736,000. Central Puerto comprises about 0.4% of Fourth Sail Capital LP's holdings, making the stock its 26th largest holding. Fourth Sail Capital LP owned approximately 0.10% of Central Puerto as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CEPU. Banco BTG Pactual S.A. acquired a new position in Central Puerto in the 1st quarter valued at $1,996,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Central Puerto by 6.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,423,762 shares of the company's stock valued at $26,880,000 after buying an additional 140,299 shares during the period. Cubist Systematic Strategies LLC acquired a new position in Central Puerto in the 1st quarter valued at approximately $688,000. Acadian Asset Management LLC bought a new stake in shares of Central Puerto in the 1st quarter worth approximately $434,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Central Puerto by 4,431.2% during the 1st quarter. NewEdge Advisors LLC now owns 30,540 shares of the company's stock worth $339,000 after purchasing an additional 29,866 shares in the last quarter. 2.97% of the stock is currently owned by institutional investors and hedge funds.
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Central Puerto Stock Performance
Shares of Central Puerto stock opened at $14.48 on Monday. The stock's fifty day simple moving average is $10.03 and its 200 day simple moving average is $11.26. The company has a current ratio of 1.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $2.19 billion, a PE ratio of 14.77 and a beta of 1.13. Central Puerto S.A. Sponsored ADR has a 12 month low of $7.43 and a 12 month high of $16.60.
Central Puerto (NYSE:CEPU - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported $0.48 earnings per share (EPS) for the quarter. Central Puerto had a return on equity of 11.81% and a net margin of 21.30%.The company had revenue of $179.60 million during the quarter. On average, research analysts predict that Central Puerto S.A. Sponsored ADR will post 0.63 EPS for the current year.
Analyst Upgrades and Downgrades
CEPU has been the topic of several recent research reports. Citigroup started coverage on shares of Central Puerto in a research report on Wednesday, October 29th. They set a "buy" rating and a $17.50 target price on the stock. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Central Puerto in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Central Puerto from a "buy" rating to a "strong-buy" rating in a research report on Sunday. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Central Puerto has an average rating of "Hold" and an average target price of $17.50.
Read Our Latest Analysis on CEPU
Central Puerto Company Profile
(Free Report)Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.
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