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Fri Sep 20 07:43:15 UTC 2024: ## Central Puerto S.A. (CEPU) Sees Increased Institutional Interest:
**New York, NY (MarketBeat News)** – Central Puerto S.A. (NYSE: CEPU), an Argentine electric power generation company, experienced significant institutional interest during the recent quarters.
**Acadian Asset Management LLC** purchased a new stake in Central Puerto, acquiring 35,356 shares valued at $320,000 in the second quarter.
Meanwhile, **HSBC Holdings PLC** increased its stake in Central Puerto by 17.8% in the fourth quarter. The bank now owns 206,552 shares valued at $1,896,000.
**Institutional investors currently own 2.97% of the company’s stock.**
Central Puerto opened at $10.41 on Friday, with a market cap of $1.58 billion. The stock has a P/E ratio of 4.10 and a beta of 1.26.
**Bank of America** raised its price objective on Central Puerto shares from $11.00 to $12.00 and maintained a “neutral” rating on September 11th.
**Central Puerto SA generates energy through thermal, hydroelectric, and wind farms and operates in three segments:**
* Electric Power Generation from Conventional Sources
* Electric Power Generation from Renewable Sources
* Natural Gas Transport and Distribution
**Investors interested in tracking institutional holdings and insider trades for Central Puerto S.A. can visit HoldingsChannel.com.**