Central Securities Co. (NYSE:CET) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN grew its holdings in shares of Central Securities Co. (NYSE:CET) by 50.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,761 shares of the company’s stock after purchasing an additional 4,259 shares during the quarter. Wells Fargo & Company MN’s holdings in Central Securities were worth $583,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CET. Confluence Wealth Services Inc. raised its stake in Central Securities by 4.3% during the fourth quarter. Confluence Wealth Services Inc. now owns 6,203 shares of the company’s stock worth $294,000 after purchasing an additional 254 shares during the period. Quad Cities Investment Group LLC raised its position in shares of Central Securities by 4.3% in the 4th quarter. Quad Cities Investment Group LLC now owns 6,894 shares of the company’s stock worth $315,000 after buying an additional 286 shares during the period. Essex Financial Services Inc. boosted its holdings in Central Securities by 4.3% in the fourth quarter. Essex Financial Services Inc. now owns 7,151 shares of the company’s stock valued at $327,000 after acquiring an additional 295 shares during the last quarter. King Luther Capital Management Corp grew its position in Central Securities by 4.3% during the fourth quarter. King Luther Capital Management Corp now owns 9,217 shares of the company’s stock valued at $421,000 after acquiring an additional 381 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. increased its stake in Central Securities by 0.5% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 82,237 shares of the company’s stock worth $3,757,000 after acquiring an additional 386 shares during the last quarter. Institutional investors and hedge funds own 8.68% of the company’s stock.

Central Securities Stock Up 0.9 %

NYSE CET opened at $44.98 on Friday. Central Securities Co. has a 1-year low of $40.24 and a 1-year high of $49.51. The business’s 50-day simple moving average is $44.24 and its 200-day simple moving average is $45.98.

Central Securities Company Profile

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.