Diversified Trust Co lessened its position in Central Garden & Pet (NASDAQ:CENTA – Get Rating) by 24.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,850 shares of the company’s stock after selling 3,258 shares during the quarter. Diversified Trust Co’s holdings in Central Garden & Pet were worth $402,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in CENTA. Advisor Group Holdings Inc. raised its holdings in Central Garden & Pet by 49.7% in the 4th quarter. Advisor Group Holdings Inc. now owns 1,726 shares of the company’s stock worth $82,000 after acquiring an additional 573 shares during the period. Profund Advisors LLC acquired a new stake in Central Garden & Pet in the 4th quarter worth $215,000. Everhart Financial Group Inc. acquired a new stake in Central Garden & Pet in the 4th quarter worth $305,000. Teacher Retirement System of Texas grew its position in Central Garden & Pet by 21.3% in the 4th quarter. Teacher Retirement System of Texas now owns 7,853 shares of the company’s stock worth $376,000 after purchasing an additional 1,379 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new stake in Central Garden & Pet in the 3rd quarter worth $439,000. Hedge funds and other institutional investors own 68.74% of the company’s stock.
Several analysts have issued reports on CENTA shares. JPMorgan Chase & Co. raised their price target on shares of Central Garden & Pet from $47.00 to $49.00 in a research report on Thursday, April 14th. StockNews.com started coverage on shares of Central Garden & Pet in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, KeyCorp decreased their price target on shares of Central Garden & Pet from $62.00 to $56.00 and set an “overweight” rating on the stock in a research report on Thursday.
Shares of Central Garden & Pet stock opened at $40.56 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.29 and a current ratio of 2.85. The firm’s 50-day simple moving average is $41.22 and its 200-day simple moving average is $42.71. Central Garden & Pet has a twelve month low of $37.56 and a twelve month high of $52.04. The firm has a market cap of $2.23 billion, a P/E ratio of 14.80 and a beta of 0.57.
Central Garden & Pet (NASDAQ:CENTA – Get Rating) last issued its earnings results on Wednesday, May 4th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.09. Central Garden & Pet had a net margin of 4.48% and a return on equity of 12.18%. The business had revenue of $954.37 million for the quarter, compared to analyst estimates of $935.14 million. On average, equities analysts forecast that Central Garden & Pet will post 3.14 earnings per share for the current fiscal year.
Central Garden & Pet Company Profile (Get Rating)
Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment provides dog and cat supplies, such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, and pet containment; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; animal and household health and insect control products; live fish and products for fish, reptiles, and other aquarium-based pets, such as aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food, and supplements; and products for horses and livestock, as well as outdoor cushions and pillows.
- Get a free copy of the StockNews.com research report on Central Garden & Pet (CENTA)
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