CENT PUERTO S A/S (NYSE:CEPU) Upgraded by ValuEngine to “Hold”

CENT PUERTO S A/S (NYSE:CEPU) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, ValuEngine reports.

Separately, Zacks Investment Research lowered shares of CENT PUERTO S A/S from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 18th.

NYSE:CEPU traded down $0.31 during trading hours on Thursday, reaching $8.90. The company’s stock had a trading volume of 159,100 shares, compared to its average volume of 288,847. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 2.19 and a beta of 0.64. The firm’s 50-day moving average price is $9.08. CENT PUERTO S A/S has a 1 year low of $7.01 and a 1 year high of $12.75. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 1.15.

CENT PUERTO S A/S (NYSE:CEPU) last announced its quarterly earnings results on Monday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.13). The firm had revenue of $160.31 million during the quarter, compared to the consensus estimate of $89.90 million. CENT PUERTO S A/S had a return on equity of 30.42% and a net margin of 47.31%. Research analysts expect that CENT PUERTO S A/S will post 1.3 EPS for the current year.

A number of institutional investors have recently made changes to their positions in the business. FMR LLC grew its holdings in CENT PUERTO S A/S by 55.2% in the 1st quarter. FMR LLC now owns 2,331,828 shares of the company’s stock worth $21,429,000 after acquiring an additional 829,823 shares during the last quarter. Bienville Capital Management LLC bought a new stake in CENT PUERTO S A/S in the 1st quarter worth $3,046,000. Millennium Management LLC grew its holdings in CENT PUERTO S A/S by 66.6% in the 4th quarter. Millennium Management LLC now owns 179,076 shares of the company’s stock worth $1,647,000 after acquiring an additional 71,615 shares during the last quarter. Marshall Wace LLP bought a new stake in CENT PUERTO S A/S in the 1st quarter worth $926,000. Finally, Marshall Wace North America L.P. grew its holdings in CENT PUERTO S A/S by 7,720.1% in the 1st quarter. Marshall Wace North America L.P. now owns 93,841 shares of the company’s stock worth $862,000 after acquiring an additional 92,641 shares during the last quarter. 6.95% of the stock is currently owned by institutional investors and hedge funds.

CENT PUERTO S A/S Company Profile

Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.

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