Shaker Financial Services LLC grew its holdings in shares of Central Securities Co. (NYSE:CET - Free Report) by 20.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 167,641 shares of the company's stock after buying an additional 28,288 shares during the quarter. Central Securities accounts for about 2.9% of Shaker Financial Services LLC's investment portfolio, making the stock its 2nd biggest position. Shaker Financial Services LLC owned 0.59% of Central Securities worth $7,659,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Confluence Wealth Services Inc. raised its stake 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 in the last quarter. Quad Cities Investment Group LLC raised its position in Central Securities by 4.3% during the 4th quarter. Quad Cities Investment Group LLC now owns 6,894 shares of the company's stock valued at $315,000 after purchasing an additional 286 shares in the last quarter. Essex Financial Services Inc. lifted its holdings in shares of Central Securities by 4.3% in the 4th quarter. Essex Financial Services Inc. now owns 7,151 shares of the company's stock worth $327,000 after buying an additional 295 shares during the period. King Luther Capital Management Corp grew 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 worth $421,000 after buying an additional 381 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. grew its position 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 buying an additional 386 shares in the last quarter. 8.68% of the stock is currently owned by hedge funds and other institutional investors.
Central Securities Stock Up 0.0 %
NYSE:CET traded up $0.01 during mid-day trading on Friday, reaching $43.71. The company's stock had a trading volume of 23,488 shares, compared to its average volume of 30,417. Central Securities Co. has a 1 year low of $40.24 and a 1 year high of $49.51. The stock has a fifty day moving average of $44.63 and a 200-day moving average of $46.06.
About Central Securities
(
Free Report)
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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