GAMMA Investing LLC Raises Stock Holdings in Central Puerto S.A. (NYSE:CEPU)

GAMMA Investing LLC increased its holdings in shares of Central Puerto S.A. (NYSE:CEPU) by 169.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,942 shares of the company’s stock after acquiring an additional 6,248 shares during the quarter. GAMMA Investing LLC’s holdings in Central Puerto were worth $144,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of CEPU. Acadian Asset Management LLC purchased a new position in Central Puerto in the second quarter valued at about $320,000. Truist Financial Corp bought a new stake in shares of Central Puerto in the 2nd quarter worth approximately $161,000. Financial Management Professionals Inc. purchased a new position in Central Puerto in the third quarter valued at approximately $34,000. Verition Fund Management LLC bought a new position in Central Puerto during the third quarter valued at $121,000. Finally, Point72 Asset Management L.P. purchased a new stake in Central Puerto in the third quarter worth $351,000. Hedge funds and other institutional investors own 2.97% of the company’s stock.

Central Puerto Stock Performance

Shares of CEPU opened at $15.06 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.13 and a quick ratio of 1.97. The firm has a market cap of $2.28 billion, a PE ratio of 5.91 and a beta of 1.21. Central Puerto S.A. has a 1 year low of $7.07 and a 1 year high of $16.60. The stock’s fifty day moving average price is $13.81 and its two-hundred day moving average price is $10.95.

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

Central Puerto Increases Dividend

The firm also recently declared a — dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.3954 per share. This is a boost from Central Puerto’s previous — dividend of $0.07. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, November 29th. Central Puerto’s dividend payout ratio is presently 14.51%.

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.