Century AluminumCENX
About: Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.
Employees: 2,939
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
171% more call options, than puts
Call options by funds: $40.4M | Put options by funds: $14.9M
15% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 39
3% more funds holding
Funds holding: 190 [Q2] → 196 (+6) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
1.52% less ownership
Funds ownership: 60.77% [Q2] → 59.25% (-1.52%) [Q3]
6% less capital invested
Capital invested by funds: $943M [Q2] → $891M (-$51.9M) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 70
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BMO Capital Katja Jancic 17% 1-year accuracy 2 / 12 met price target | 2%downside $18 | Market Perform Maintained | 5 Nov 2024 |
B. Riley Securities Lucas Pipes 62% 1-year accuracy 71 / 114 met price target | 31%upside $24 | Buy Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 7 articles about CENX published over the past 30 days
