Citadel Advisors LLC Acquires Shares of 30,738 Central Securities Co. (NYSE:CET)

Citadel Advisors LLC acquired a new position in shares of Central Securities Co. (NYSE:CET) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,738 shares of the company’s stock, valued at approximately $1,404,000. Citadel Advisors LLC owned about 0.11% of Central Securities at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Confluence Wealth Services Inc. increased its position in shares of Central Securities by 4.3% during the fourth quarter. Confluence Wealth Services Inc. now owns 6,203 shares of the company’s stock valued at $294,000 after acquiring an additional 254 shares during the last quarter. Essex Financial Services Inc. grew its stake in Central Securities by 4.3% in the 4th quarter. Essex Financial Services Inc. now owns 7,151 shares of the company’s stock valued at $327,000 after purchasing an additional 295 shares during the period. King Luther Capital Management Corp increased its position in shares of Central Securities by 4.3% during the 4th quarter. King Luther Capital Management Corp now owns 9,217 shares of the company’s stock valued at $421,000 after purchasing an additional 381 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its stake in shares of Central Securities by 0.5% during 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 during the period. Finally, S&CO Inc. raised its stake in shares of Central Securities by 3.3% during the 4th quarter. S&CO Inc. now owns 16,041 shares of the company’s stock worth $732,000 after purchasing an additional 518 shares during the period. Institutional investors own 8.68% of the company’s stock.

Central Securities Price Performance

Shares of NYSE:CET opened at $45.95 on Tuesday. The company’s 50-day moving average is $44.40 and its 200 day moving average is $45.85. Central Securities Co. has a fifty-two week low of $40.24 and a fifty-two week high of $49.51.

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.