Central Puerto S.A. Sponsored ADR $CEPU Shares Purchased by UBS Group AG

UBS Group AG lifted its holdings in Central Puerto S.A. Sponsored ADR (NYSE:CEPU) by 462.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 140,597 shares of the company’s stock after purchasing an additional 115,617 shares during the period. UBS Group AG’s holdings in Central Puerto were worth $2,460,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CEPU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Central Puerto by 14.8% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,782,883 shares of the company’s stock valued at $32,504,000 after purchasing an additional 359,121 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Central Puerto in the second quarter valued at approximately $1,149,000. Bank of America Corp DE grew its holdings in shares of Central Puerto by 301.6% in the third quarter. Bank of America Corp DE now owns 82,460 shares of the company’s stock valued at $661,000 after purchasing an additional 61,929 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Central Puerto by 115.0% in the third quarter. Qube Research & Technologies Ltd now owns 89,497 shares of the company’s stock valued at $717,000 after purchasing an additional 47,864 shares in the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of Central Puerto by 99.0% in the third quarter. Citadel Advisors LLC now owns 86,491 shares of the company’s stock valued at $693,000 after purchasing an additional 43,025 shares in the last quarter. Institutional investors and hedge funds own 2.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Central Puerto from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Central Puerto in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Central Puerto currently has an average rating of “Moderate Buy” and a consensus price target of $17.50.

Central Puerto Stock Up 4.1%

Shares of NYSE:CEPU opened at $14.48 on Wednesday. The company has a market capitalization of $2.19 billion, a PE ratio of 6.96 and a beta of 0.83. The company has a current ratio of 1.77, a quick ratio of 1.67 and a debt-to-equity ratio of 0.13. Central Puerto S.A. Sponsored ADR has a twelve month low of $7.43 and a twelve month high of $18.50. The firm has a 50 day simple moving average of $15.16 and a 200-day simple moving average of $15.69.

Central Puerto (NYSE:CEPU) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.64. The business had revenue of $248.52 million during the quarter, compared to the consensus estimate of $243.07 million. Central Puerto had a net margin of 37.86% and a return on equity of 15.69%. On average, equities analysts predict that Central Puerto S.A. Sponsored ADR will post 1.63 EPS for the current fiscal year.

Central Puerto Profile

Central Puerto SA (NYSE: CEPU) is Argentina’s leading private power generation company, managing a diversified portfolio of thermal and renewable energy facilities across the country. Established following the privatization of the state-owned electricity company in the early 1990s, Central Puerto develops, operates and maintains a mix of combined-cycle and open-cycle gas turbine plants, as well as hydroelectric and renewable installations. The company’s thermal assets provide baseload and flexible generation capacity, while its renewable portfolio includes wind farms and solar parks that support Argentina’s clean energy objectives.

Headquartered in Buenos Aires, Central Puerto serves the national wholesale electricity market through long-term contracts with distribution companies and major industrial clients.