Pathstone Holdings LLC boosted its stake in shares of Central Securities Co. (NYSE:CET – Free Report) by 13.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 158,649 shares of the company’s stock after buying an additional 18,451 shares during the quarter. Pathstone Holdings LLC owned approximately 0.56% of Central Securities worth $7,241,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in CET. Armstrong Advisory Group Inc. bought a new position in Central Securities during the fourth quarter valued at about $25,000. Confluence Wealth Services Inc. boosted its position in Central Securities by 4.3% during the fourth quarter. Confluence Wealth Services Inc. now owns 6,203 shares of the company’s stock worth $294,000 after purchasing an additional 254 shares during the period. Essex Financial Services Inc. boosted its position in Central Securities by 4.3% during the fourth quarter. Essex Financial Services Inc. now owns 7,151 shares of the company’s stock worth $327,000 after purchasing an additional 295 shares during the period. Concurrent Investment Advisors LLC bought a new position in Central Securities during the fourth quarter worth about $1,300,000. Finally, Raymond James Financial Inc. bought a new position in Central Securities during the fourth quarter worth about $13,691,000. Institutional investors own 8.68% of the company’s stock.
Central Securities Trading Down 0.1%
Shares of NYSE:CET opened at $46.97 on Friday. Central Securities Co. has a twelve month low of $40.24 and a twelve month high of $49.51. The company has a 50-day moving average price of $44.23 and a two-hundred day moving average price of $45.93.
About Central Securities
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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