Cetera Investment Advisers raised its position in shares of Central Securities Co. (NYSE:CET – Free Report) by 6.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 41,682 shares of the company’s stock after purchasing an additional 2,415 shares during the quarter. Cetera Investment Advisers owned approximately 0.15% of Central Securities worth $1,904,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Central Securities during the 4th quarter worth approximately $13,691,000. Bulldog Investors LLP lifted its holdings in shares of Central Securities by 0.3% in the 4th quarter. Bulldog Investors LLP now owns 252,521 shares of the company’s stock worth $11,522,000 after purchasing an additional 660 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Central Securities by 22.9% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 192,641 shares of the company’s stock worth $8,802,000 after purchasing an additional 35,911 shares in the last quarter. Shaker Financial Services LLC lifted its holdings in shares of Central Securities by 20.3% in the 4th quarter. Shaker Financial Services LLC now owns 167,641 shares of the company’s stock worth $7,659,000 after purchasing an additional 28,288 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of Central Securities by 0.5% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 82,237 shares of the company’s stock worth $3,757,000 after purchasing an additional 386 shares in the last quarter. Institutional investors and hedge funds own 8.68% of the company’s stock.
Central Securities Trading Down 0.5%
Shares of CET opened at $46.75 on Tuesday. Central Securities Co. has a 12-month low of $40.24 and a 12-month high of $49.51. The business’s fifty day moving average is $44.27 and its 200 day moving average is $45.91.
Central Securities 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.
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