Central Puerto S.A. (NYSE:CEPU – Get Rating) announced a quarterly dividend on Tuesday, December 27th, Wall Street Journal reports. Investors of record on Tuesday, January 3rd will be given a dividend of 0.1649 per share on Monday, January 9th. This represents a $0.66 annualized dividend and a dividend yield of 10.77%. The ex-dividend date of this dividend is Friday, December 30th.
Central Puerto Price Performance
NYSE CEPU traded up $0.23 during trading hours on Tuesday, reaching $6.12. The company’s stock had a trading volume of 388,842 shares, compared to its average volume of 174,664. The company has a quick ratio of 2.72, a current ratio of 2.81 and a debt-to-equity ratio of 0.17. Central Puerto has a 1 year low of $2.73 and a 1 year high of $6.33. The firm’s 50-day moving average price is $4.97 and its 200-day moving average price is $4.23. The company has a market capitalization of $921.16 million, a price-to-earnings ratio of 8.41, a PEG ratio of 0.18 and a beta of 1.32.
Central Puerto (NYSE:CEPU – Get Rating) last announced its quarterly earnings results on Thursday, November 10th. The company reported $0.22 EPS for the quarter. The business had revenue of $150.14 million for the quarter. Central Puerto had a net margin of 17.31% and a return on equity of 7.14%. On average, equities research analysts predict that Central Puerto will post 0.9 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, TheStreet upgraded Central Puerto from a “c” rating to a “b-” rating in a report on Tuesday, September 6th.
Institutional Investors Weigh In On Central Puerto
Large investors have recently bought and sold shares of the business. UBS Group AG purchased a new position in shares of Central Puerto in the 1st quarter worth $161,000. Envestnet Asset Management Inc. increased its stake in Central Puerto by 83.6% during the second 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. Virtu Financial LLC purchased a new stake in Central Puerto during the second quarter valued at approximately $88,000. Millennium Management LLC bought a new stake in shares of Central Puerto in the 2nd quarter valued at approximately $331,000. Finally, Citadel Advisors LLC increased its position in shares of Central Puerto by 29.2% during the 2nd quarter. Citadel Advisors LLC now owns 102,516 shares of the company’s stock valued at $315,000 after purchasing an additional 23,198 shares during the last quarter. Institutional investors own 2.39% of the company’s stock.
Central Puerto Company Profile
Central Puerto SA generates and sells electric power to private and public customers in Argentina. It also produces steam. As of December 31, 2021, the company owned and operated five thermal generation plants, one hydroelectric generation plant, and seven wind farms with a total installed capacity of 4,809 MW.