Century Aluminum Company (CENX) Reaches $15.93 After 4.00% Up Move; Polar Securities Trimmed Its Calpine (CPN) Stake

May 10, 2018 - By Ellis Scott

Calpine Corporation (NYSE:CPN) Logo

The stock of Century Aluminum Company (NASDAQ:CENX) is a huge mover today! The stock increased 3.71% or $0.57 during the last trading session, reaching $15.93. About 516,761 shares traded. Century Aluminum Company (NASDAQ:CENX) has risen 33.17% since May 10, 2017 and is uptrending. It has outperformed by 21.62% the S&P500.The move comes after 5 months positive chart setup for the $1.40 billion company. It was reported on May, 10 by Barchart.com. We have $16.57 PT which if reached, will make NASDAQ:CENX worth $55.80 million more.

Polar Securities Inc decreased Calpine Corp (CPN) stake by 30.23% reported in 2017Q4 SEC filing. Polar Securities Inc sold 65,000 shares as Calpine Corp (CPN)’s stock 0.00%. The Polar Securities Inc holds 150,000 shares with $2.27M value, down from 215,000 last quarter. Calpine Corp now has $5.50 billion valuation. It closed at $15.25 lastly. It is down 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.10, from 0.95 in 2017Q3. It worsened, as 36 investors sold CPN shares while 78 reduced holdings. 33 funds opened positions while 64 raised stakes. 238.57 million shares or 12.55% less from 272.79 million shares in 2017Q3 were reported. 90,700 were accumulated by Federated Pa. Moreover, Halcyon Partners LP has 6.08% invested in Calpine Corporation (NYSE:CPN) for 2.75M shares. Gsa Capital Prtn Llp, a United Kingdom-based fund reported 21,246 shares. Qs Investors Ltd Liability has 0.02% invested in Calpine Corporation (NYSE:CPN) for 169,873 shares. 52,392 were reported by Altalis Cap Mgmt Ltd Limited Liability Company. Oakworth Capital Incorporated has invested 0% of its portfolio in Calpine Corporation (NYSE:CPN). Gardner Lewis Asset Management Ltd Partnership stated it has 5.52M shares. Commonwealth Of Pennsylvania Public School Empls Retrmt holds 1.09M shares or 0.23% of its portfolio. Principal Financial Gp holds 0% in Calpine Corporation (NYSE:CPN) or 48,609 shares. Bokf Na reported 60,633 shares. Bnp Paribas Arbitrage Sa accumulated 998,783 shares. Gotham Asset Mngmt Lc invested in 29,893 shares. Perella Weinberg Prns Cap LP has invested 1.45% of its portfolio in Calpine Corporation (NYSE:CPN). Citigroup owns 2.70 million shares. Verition Fund Management Ltd Liability Com stated it has 3.29M shares.

Since December 12, 2017, it had 0 insider purchases, and 2 sales for $3.26 million activity. Hill Thad also sold $577,624 worth of Calpine Corporation (NYSE:CPN) shares. MILLER W. THADDEUS also sold $2.69 million worth of Calpine Corporation (NYSE:CPN) shares.

Another recent and important Calpine Corporation (NYSE:CPN) news was published by Bizjournals.com which published an article titled: “84-acre site near Katy Mills mall slated for new development” on April 23, 2018.

Polar Securities Inc increased Dlh Hldgs Corp (NASDAQ:DLHC) stake by 299,201 shares to 425,748 valued at $2.62 million in 2017Q4. It also upped Silver Run Acquisition stake by 800,000 shares and now owns 1.23M shares. Matlin & Partners Acquisitio was raised too.

Among 15 analysts covering Calpine Corporation (NYSE:CPN), 5 have Buy rating, 0 Sell and 10 Hold. Therefore 33% are positive. Calpine Corporation had 44 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Calpine Corporation (NYSE:CPN) earned “Buy” rating by BMO Capital Markets on Friday, July 28. The company was downgraded on Monday, February 6 by Morgan Stanley. The stock of Calpine Corporation (NYSE:CPN) has “Hold” rating given on Wednesday, March 7 by SunTrust. Evercore upgraded Calpine Corporation (NYSE:CPN) on Friday, July 31 to “Buy” rating. UBS downgraded Calpine Corporation (NYSE:CPN) on Wednesday, November 2 to “Neutral” rating. Citigroup downgraded the stock to “Neutral” rating in Friday, September 8 report. On Tuesday, July 26 the stock rating was upgraded by Deutsche Bank to “Buy”. The firm earned “Neutral” rating on Monday, March 7 by SunTrust. The stock of Calpine Corporation (NYSE:CPN) earned “Neutral” rating by Bank of America on Tuesday, November 22. The firm has “Neutral” rating by Goldman Sachs given on Monday, July 10.

Investors sentiment decreased to 0.6 in Q4 2017. Its down 0.39, from 0.99 in 2017Q3. It dived, as 29 investors sold Century Aluminum Company shares while 55 reduced holdings. 18 funds opened positions while 32 raised stakes. 54.81 million shares or 5.27% less from 57.86 million shares in 2017Q3 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its portfolio in Century Aluminum Company (NASDAQ:CENX). Bancorporation Of America Corp De accumulated 75,436 shares or 0% of the stock. Los Angeles Cap Mngmt Equity Research Inc holds 105,948 shares. Parallax Volatility Advisers Limited Partnership accumulated 0% or 7,602 shares. Balyasny Asset Mngmt Ltd Limited Liability Company stated it has 4.27 million shares. Credit Suisse Ag holds 75,450 shares. Walleye Trading Limited Liability Co owns 19,015 shares. Aperio stated it has 0% in Century Aluminum Company (NASDAQ:CENX). Ameritas Partners invested in 0% or 4,377 shares. Grp One Trading Limited Partnership invested 0% in Century Aluminum Company (NASDAQ:CENX). Goldman Sachs Grp owns 1.07M shares. Vanguard Inc owns 0% invested in Century Aluminum Company (NASDAQ:CENX) for 5.30 million shares. Hood River Capital Mngmt Limited Liability Company holds 639,869 shares or 0.73% of its portfolio. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Century Aluminum Company (NASDAQ:CENX) for 145,501 shares. Ww Investors has invested 0.01% of its portfolio in Century Aluminum Company (NASDAQ:CENX).

Another recent and important Century Aluminum Company (NASDAQ:CENX) news was published by Globenewswire.com which published an article titled: “Century Aluminum Company Reports First Quarter 2018 Results” on May 03, 2018.

Among 7 analysts covering Century Aluminum Company (NASDAQ:CENX), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Century Aluminum Company had 38 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan upgraded the shares of CENX in report on Friday, October 28 to “Neutral” rating. The stock of Century Aluminum Company (NASDAQ:CENX) has “Hold” rating given on Thursday, January 19 by Standpoint Research. J.P. Morgan upgraded Century Aluminum Company (NASDAQ:CENX) on Wednesday, March 14 to “Buy” rating. The stock of Century Aluminum Company (NASDAQ:CENX) earned “Overweight” rating by JP Morgan on Monday, August 21. Deutsche Bank upgraded Century Aluminum Company (NASDAQ:CENX) on Tuesday, October 17 to “Buy” rating. The stock of Century Aluminum Company (NASDAQ:CENX) has “Hold” rating given on Friday, May 26 by BMO Capital Markets. As per Wednesday, March 14, the company rating was upgraded by JP Morgan. On Friday, October 27 the stock rating was maintained by BMO Capital Markets with “Market Perform”. The stock has “Hold” rating by Cowen & Co on Friday, October 27. Deutsche Bank downgraded Century Aluminum Company (NASDAQ:CENX) rating on Wednesday, March 1. Deutsche Bank has “Sell” rating and $10 target.

Since March 14, 2018, it had 0 insider buys, and 1 insider sale for $169,607 activity. Hoerner John E. also sold $169,607 worth of Century Aluminum Company (NASDAQ:CENX) on Wednesday, March 14.

Century Aluminum Company, together with its subsidiaries, produces primary aluminum in the United States and Iceland. The company has market cap of $1.40 billion. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. It has a 31.24 P/E ratio.

Century Aluminum Company (NASDAQ:CENX) Institutional Positions Chart

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