Central Puerto S.A. (NYSE:CEPU) Sees Significant Decline in Short Interest

Central Puerto S.A. (NYSE:CEPUGet Rating) was the recipient of a significant drop in short interest in December. As of December 30th, there was short interest totalling 391,200 shares, a drop of 5.1% from the December 15th total of 412,400 shares. Based on an average daily trading volume, of 175,400 shares, the short-interest ratio is currently 2.2 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CEPU. Envestnet Asset Management Inc. grew its holdings in Central Puerto by 83.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 30,697 shares of the company’s stock worth $94,000 after acquiring an additional 13,979 shares during the last quarter. Jump Financial LLC lifted its holdings in shares of Central Puerto by 130.2% during the third quarter. Jump Financial LLC now owns 40,293 shares of the company’s stock worth $177,000 after purchasing an additional 22,793 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Central Puerto by 29.2% during the second quarter. Citadel Advisors LLC now owns 102,516 shares of the company’s stock worth $315,000 after purchasing an additional 23,198 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Central Puerto by 11.8% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 249,617 shares of the company’s stock worth $766,000 after purchasing an additional 26,408 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in Central Puerto in the second quarter valued at $88,000. Institutional investors own 2.39% of the company’s stock.

Central Puerto Stock Performance

NYSE CEPU opened at $6.37 on Wednesday. The firm’s fifty day moving average price is $5.62 and its two-hundred day moving average price is $4.69. The stock has a market cap of $958.79 million, a PE ratio of 9.10, a PEG ratio of 0.13 and a beta of 1.23. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.72 and a current ratio of 2.81. Central Puerto has a fifty-two week low of $2.75 and a fifty-two week high of $6.93.

Central Puerto (NYSE:CEPUGet Rating) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.22 earnings per share for the quarter. Central Puerto had a return on equity of 7.14% and a net margin of 17.31%. The company had revenue of $150.14 million for the quarter. On average, equities analysts expect that Central Puerto will post 0.9 EPS for the current fiscal year.

Central Puerto Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 9th. Stockholders of record on Tuesday, January 3rd were issued a dividend of $0.1649 per share. This represents a $0.66 annualized dividend and a dividend yield of 10.35%. The ex-dividend date was Friday, December 30th. Central Puerto’s dividend payout ratio (DPR) is currently 18.57%.

About Central Puerto

(Get Rating)

Central Puerto SA engages in the generation and distribution of electricity. It operates through the following segments: Electric Power Generation from Conventional Sources; Electric Power Generation from Renewable Sources; Natural Gas Transport and Distribution; and Others. The Natural Gas Transport and Distribution segment provides natural gas distribution public sector service in the Cuyo and Centro regions of Argentina and it is also engaged in the natural gas transport sector service.

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