PPT vs. CET, QQQX, GAM, MUC, MFIC, SLRC, MQY, HQH, MYI, and PHK
Should you be buying Putnam Premier Income Trust stock or one of its competitors? The main competitors of Putnam Premier Income Trust include Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), BlackRock MuniHoldings California Quality Fund (MUC), MidCap Financial Investment (MFIC), SLR Investment (SLRC), BlackRock MuniYield Quality Fund (MQY), Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), and PIMCO High Income Fund (PHK). These companies are all part of the "investment offices, not elsewhere classified" industry.
Putnam Premier Income Trust (NYSE:PPT) and Central Securities (NYSE:CET) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation and risk.
42.8% of Putnam Premier Income Trust shares are owned by institutional investors. Comparatively, 8.7% of Central Securities shares are owned by institutional investors. 10.3% of Central Securities shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
In the previous week, Central Securities had 2 more articles in the media than Putnam Premier Income Trust. MarketBeat recorded 2 mentions for Central Securities and 0 mentions for Putnam Premier Income Trust. Central Securities' average media sentiment score of 0.86 beat Putnam Premier Income Trust's score of 0.00 indicating that Central Securities is being referred to more favorably in the news media.
Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 8.9%. Central Securities pays an annual dividend of $1.85 per share and has a dividend yield of 4.3%.
Putnam Premier Income Trust received 141 more outperform votes than Central Securities when rated by MarketBeat users.
Putnam Premier Income Trust has a beta of 0.35, indicating that its stock price is 65% less volatile than the S&P 500. Comparatively, Central Securities has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500.
Summary
Central Securities beats Putnam Premier Income Trust on 5 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PPT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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