16,547 Shares in Central Puerto S.A. (NYSE:CEPU) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new stake in Central Puerto S.A. (NYSE:CEPU) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,547 shares of the company’s stock, valued at approximately $157,000.

Several other institutional investors also recently made changes to their positions in CEPU. Quadrature Capital Ltd acquired a new stake in shares of Central Puerto during the 3rd quarter valued at approximately $122,000. Point72 Asset Management L.P. purchased a new position in Central Puerto in the 3rd quarter valued at approximately $351,000. Verition Fund Management LLC acquired a new position in Central Puerto during the third quarter worth $121,000. Financial Management Professionals Inc. purchased a new stake in Central Puerto during the third quarter worth $34,000. Finally, GAMMA Investing LLC grew its holdings in Central Puerto by 62.4% in the third quarter. GAMMA Investing LLC now owns 3,694 shares of the company’s stock valued at $35,000 after purchasing an additional 1,420 shares during the last quarter. 2.97% of the stock is currently owned by hedge funds and other institutional investors.

Central Puerto Price Performance

CEPU stock opened at $13.82 on Thursday. The stock’s 50 day moving average price is $12.52 and its 200 day moving average price is $10.34. The firm has a market cap of $2.09 billion, a P/E ratio of 5.42 and a beta of 1.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.97 and a current ratio of 2.13. Central Puerto S.A. has a 1 year low of $7.07 and a 1 year high of $16.34.

Central Puerto (NYSE:CEPU) last released its quarterly earnings results on Monday, November 11th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.19). The firm had revenue of $185.00 million for the quarter, compared to analyst estimates of $200.26 million. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%. On average, sell-side analysts expect that Central Puerto S.A. will post 0.69 earnings per share for the current fiscal year.

Central Puerto Increases Dividend

The firm also recently announced a — dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.3954 per share. The ex-dividend date was Friday, November 29th. This is an increase from Central Puerto’s previous — dividend of $0.07. This represents a yield of 1.4%. Central Puerto’s dividend payout ratio is 19.61%.

Analyst Upgrades and Downgrades

Separately, Bank of America lifted their price target on Central Puerto from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 11th.

Central Puerto Company Profile

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.