Capital Fund Management SA Takes Position in Central Garden & Pet Co (NASDAQ:CENTA)

March 12th, 20188:34 am @

0


Capital Fund Management S.A. acquired a new stake in Central Garden Pet Co (NASDAQ:CENTA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,600 shares of the company’s stock, valued at approximately $362,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinebridge Investments L.P. raised its stake in shares of Central Garden Pet by 325.2% in the fourth quarter. Pinebridge Investments L.P. now owns 18,429 shares of the company’s stock valued at $695,000 after acquiring an additional 14,095 shares in the last quarter. Olstein Capital Management L.P. raised its stake in shares of Central Garden Pet by 134.1% in the fourth quarter. Olstein Capital Management L.P. now owns 63,950 shares of the company’s stock valued at $2,412,000 after acquiring an additional 36,629 shares in the last quarter. Wells Fargo Company MN raised its stake in shares of Central Garden Pet by 25.5% in the fourth quarter. Wells Fargo Company MN now owns 75,564 shares of the company’s stock valued at $2,850,000 after acquiring an additional 15,343 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Central Garden Pet by 108.9% in the fourth quarter. First Trust Advisors LP now owns 67,549 shares of the company’s stock valued at $2,547,000 after acquiring an additional 35,216 shares in the last quarter. Finally, Falcon Point Capital LLC acquired a new stake in shares of Central Garden Pet in the fourth quarter valued at $10,478,000. Institutional investors and hedge funds own 62.86% of the company’s stock.

Shares of Central Garden Pet Co (NASDAQ CENTA) opened at $37.96 on Monday. The stock has a market capitalization of $1,969.44, a price-to-earnings ratio of 20.30 and a beta of 0.39. The company has a quick ratio of 2.46, a current ratio of 4.42 and a debt-to-equity ratio of 1.04. Central Garden Pet Co has a 52 week low of $28.12 and a 52 week high of $41.34.

Separately, CL King reiterated a “buy” rating and issued a $47.00 price objective on shares of Central Garden Pet in a research note on Friday, December 8th.

ILLEGAL ACTIVITY NOTICE: “Capital Fund Management S.A. Takes Position in Central Garden Pet Co (NASDAQ:CENTA)” was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this piece can be viewed at https://weekherald.com/2018/03/12/capital-fund-management-s-a-acquires-new-holdings-in-central-garden-pet-co-centa.html.

Central Garden Pet Company Profile

Central Garden Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Pet segment and the Garden segment. It is a marketer and producer of pet supplies in the United States.



Receive News Ratings for Central Garden Pet Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Central Garden Pet and related companies with MarketBeat.com’s FREE daily email newsletter.

Article source: https://weekherald.com/2018/03/12/capital-fund-management-s-a-acquires-new-holdings-in-central-garden-pet-co-centa.html