New York State Teachers Retirement System Has $121,000 Stake in Central Garden & Pet (NASDAQ:CENT)

New York State Teachers Retirement System trimmed its holdings in Central Garden & Pet (NASDAQ:CENT) by 28.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,318 shares of the company’s stock after selling 1,319 shares during the quarter. New York State Teachers Retirement System’s holdings in Central Garden & Pet were worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. ProShare Advisors LLC raised its holdings in shares of Central Garden & Pet by 92.6% in the 1st quarter. ProShare Advisors LLC now owns 51,117 shares of the company’s stock worth $2,189,000 after acquiring an additional 24,575 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Central Garden & Pet by 32.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 41,862 shares of the company’s stock worth $1,793,000 after purchasing an additional 10,237 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Central Garden & Pet by 24.5% in the second quarter. American Century Companies Inc. now owns 162,647 shares of the company’s stock worth $6,262,000 after purchasing an additional 32,009 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Central Garden & Pet by 748.5% in the second quarter. Marshall Wace LLP now owns 84,000 shares of the company’s stock valued at $3,234,000 after purchasing an additional 74,100 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Central Garden & Pet by 2.2% during the second quarter. Bank of New York Mellon Corp now owns 86,877 shares of the company’s stock valued at $3,345,000 after buying an additional 1,873 shares during the last quarter. Institutional investors own 16.13% of the company’s stock.

Insider Transactions at Central Garden & Pet

In other Central Garden & Pet news, Director John Ranelli sold 2,500 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $34.28, for a total transaction of $85,700.00. Following the sale, the director now owns 822 shares in the company, valued at $28,178.16. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director John Ranelli sold 2,500 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $34.28, for a total value of $85,700.00. Following the sale, the director now owns 822 shares in the company, valued at approximately $28,178.16. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Brooks Pennington III sold 1,486 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $32.80, for a total value of $48,740.80. Following the transaction, the director now directly owns 40,743 shares of the company’s stock, valued at $1,336,370.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 63,986 shares of company stock worth $2,146,841 over the last quarter. Corporate insiders own 9.53% of the company’s stock.

Central Garden & Pet Stock Up 0.5 %

Central Garden & Pet stock opened at $36.87 on Monday. The firm has a 50 day moving average price of $35.96 and a 200-day moving average price of $38.98. The company has a quick ratio of 2.16, a current ratio of 3.66 and a debt-to-equity ratio of 0.75. Central Garden & Pet has a twelve month low of $30.75 and a twelve month high of $47.48. The company has a market capitalization of $2.49 billion, a P/E ratio of 16.99 and a beta of 0.75.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Canaccord Genuity Group restated a “buy” rating and set a $48.00 price objective on shares of Central Garden & Pet in a research note on Monday, September 30th. Truist Financial cut their target price on Central Garden & Pet from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Central Garden & Pet has an average rating of “Buy” and a consensus price target of $47.50.

Central Garden & Pet Profile

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 containment, grooming products, waste management, and training pads; supplies for aquatics, small animals, reptiles, and pet birds, including toys, cages and habitats, bedding, and food and supplements; products for equine and livestock; animal and household health and insect control products; aquariums and terrariums, including fixtures and stands, water conditioners and supplements, water pumps and filters, and lighting systems and accessories; and live fish and small animals, as well as outdoor cushions.