Tidal Investments LLC Acquires Shares of 12,165 Central Puerto S.A. (NYSE:CEPU)

Tidal Investments LLC acquired a new stake in shares of Central Puerto S.A. (NYSE:CEPU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,165 shares of the company’s stock, valued at approximately $176,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. lifted its holdings in Central Puerto by 60.7% during the fourth quarter. Invesco Ltd. now owns 24,949 shares of the company’s stock valued at $362,000 after purchasing an additional 9,422 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Central Puerto in the fourth quarter valued at about $405,000. Bosun Asset Management LLC acquired a new stake in shares of Central Puerto in the fourth quarter valued at about $666,000. OLD Mission Capital LLC acquired a new stake in shares of Central Puerto in the fourth quarter valued at about $776,000. Finally, Ping Capital Management Inc. raised its position in shares of Central Puerto by 4.9% in the fourth quarter. Ping Capital Management Inc. now owns 86,000 shares of the company’s stock valued at $1,246,000 after buying an additional 4,000 shares during the last quarter. 2.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Central Puerto from a “hold” rating to a “buy” rating in a research report on Saturday, May 24th.

Central Puerto Price Performance

Shares of NYSE CEPU opened at $13.04 on Friday. The firm has a 50-day simple moving average of $11.57 and a 200-day simple moving average of $12.93. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 5.11 and a beta of 1.09. 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 S.A. has a 52 week low of $7.07 and a 52 week high of $16.60.

Central Puerto (NYSE:CEPU) last released its quarterly earnings data on Monday, May 12th. The company reported $0.50 earnings per share (EPS) for the quarter. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%. The firm had revenue of $196.00 million during the quarter. On average, equities analysts predict that Central Puerto S.A. will post 0.63 earnings per share for the current fiscal 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.