Central Puerto S.A. (NYSE:CEPU) Shares Sold by Glenorchy Capital Ltd

Glenorchy Capital Ltd decreased its position in shares of Central Puerto S.A. (NYSE:CEPU) by 3.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 335,991 shares of the company’s stock after selling 11,659 shares during the quarter. Central Puerto comprises 2.9% of Glenorchy Capital Ltd’s holdings, making the stock its 11th biggest position. Glenorchy Capital Ltd’s holdings in Central Puerto were worth $4,869,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Central Puerto by 169.1% in the 4th quarter. GAMMA Investing LLC now owns 9,942 shares of the company’s stock valued at $144,000 after acquiring an additional 6,248 shares during the period. Invesco Ltd. grew its position in Central Puerto by 60.7% during the 4th quarter. Invesco Ltd. now owns 24,949 shares of the company’s stock worth $362,000 after purchasing an additional 9,422 shares during the last quarter. Jane Street Group LLC acquired a new position in Central Puerto in the fourth quarter valued at $405,000. Bosun Asset Management LLC purchased a new stake in shares of Central Puerto in the fourth quarter valued at about $666,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of Central Puerto in the fourth quarter valued at about $776,000. Hedge funds and other institutional investors own 2.97% of the company’s stock.

Central Puerto Stock Performance

NYSE CEPU opened at $11.92 on Friday. The firm has a market cap of $1.80 billion, a P/E ratio of 4.67 and a beta of 1.09. Central Puerto S.A. has a 52-week low of $7.07 and a 52-week high of $16.60. The business’s 50-day moving average price is $11.22 and its 200 day moving average price is $12.74. The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18.

Central Puerto (NYSE:CEPU) last announced its earnings results on Tuesday, March 11th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.26. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. The company had revenue of $168.00 million for the quarter, compared to the consensus estimate of $187.32 billion. On average, equities research analysts expect that Central Puerto S.A. will post 0.63 earnings per share for the current year.

About Central Puerto

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.