Cetera Investment Advisers boosted its stake in Central Securities Co. (NYSE:CET – Free Report) by 3.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 37,700 shares of the company’s stock after acquiring an additional 1,161 shares during the quarter. Cetera Investment Advisers owned 0.13% of Central Securities worth $1,660,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC purchased a new position in Central Securities in the 1st quarter valued at about $35,000. Wolverine Asset Management LLC boosted its stake in shares of Central Securities by 5,584.1% in the second quarter. Wolverine Asset Management LLC now owns 4,661 shares of the company’s stock worth $205,000 after acquiring an additional 4,579 shares during the last quarter. Evanson Asset Management LLC purchased a new stake in shares of Central Securities during the first quarter worth approximately $207,000. Wittenberg Investment Management Inc. acquired a new position in Central Securities in the 1st quarter valued at $217,000. Finally, Raymond James Trust N.A. purchased a new position in Central Securities in the 2nd quarter valued at $222,000. Hedge funds and other institutional investors own 8.68% of the company’s stock.
Central Securities Stock Up 0.2 %
Central Securities stock opened at $46.53 on Tuesday. The company has a fifty day simple moving average of $44.77 and a 200-day simple moving average of $43.42. Central Securities Co. has a 52-week low of $34.58 and a 52-week high of $46.60.
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.
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