BidaskClub lowered shares of Century Aluminum (NASDAQ:CENX) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning.

CENX has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of Century Aluminum from a buy rating to a hold rating in a research report on Monday, October 23rd. JPMorgan Chase & Co. downgraded shares of Century Aluminum from an overweight rating to a neutral rating and lowered their price objective for the company from $22.00 to $14.50 in a research report on Monday, October 30th. BMO Capital Markets set a $16.00 price objective on shares of Century Aluminum and gave the company a hold rating in a research report on Friday, October 27th. Deutsche Bank raised shares of Century Aluminum from a hold rating to a buy rating and set a $20.00 price objective for the company in a research report on Tuesday, October 17th. Finally, Cowen set a $16.00 price objective on shares of Century Aluminum and gave the company a hold rating in a research report on Sunday, October 29th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The company has a consensus rating of Hold and a consensus price target of $15.90.

Shares of Century Aluminum (NASDAQ CENX) opened at $22.25 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.27 and a current ratio of 2.61. Century Aluminum has a 12 month low of $11.26 and a 12 month high of $24.76.

Several large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company grew its position in shares of Century Aluminum by 1.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 39,906 shares of the industrial products company’s stock valued at $622,000 after buying an additional 406 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Century Aluminum by 0.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 264,149 shares of the industrial products company’s stock valued at $4,115,000 after buying an additional 825 shares during the last quarter. Thrivent Financial For Lutherans grew its position in shares of Century Aluminum by 6.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 30,050 shares of the industrial products company’s stock valued at $468,000 after buying an additional 1,860 shares during the last quarter. UBS Asset Management Americas Inc. grew its position in shares of Century Aluminum by 15.5% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 16,400 shares of the industrial products company’s stock valued at $256,000 after buying an additional 2,200 shares during the last quarter. Finally, Alpha Windward LLC grew its position in shares of Century Aluminum by 8.8% during the 4th quarter. Alpha Windward LLC now owns 33,540 shares of the industrial products company’s stock valued at $659,000 after buying an additional 2,700 shares during the last quarter. 68.02% of the stock is owned by institutional investors and hedge funds.

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Century Aluminum Company Profile

Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. The Company’s primary aluminum facilities produce standard grade primary aluminum products.

Analyst Recommendations for Century Aluminum (NASDAQ:CENX)

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