Teacher Retirement System of Texas acquired a new stake in shares of Central Garden & Pet (NASDAQ:CENTA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,346 shares of the company’s stock, valued at approximately $466,000.
Several other institutional investors and hedge funds also recently bought and sold shares of CENTA. Crossmark Global Holdings Inc. acquired a new stake in Central Garden & Pet in the 3rd quarter worth about $466,000. Alps Advisors Inc. acquired a new stake in Central Garden & Pet in the 3rd quarter worth about $507,000. BNP Paribas Arbitrage SA boosted its stake in Central Garden & Pet by 31.8% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 21,065 shares of the company’s stock worth $783,000 after buying an additional 5,081 shares during the last quarter. Olstein Capital Management L.P. acquired a new stake in Central Garden & Pet in the 3rd quarter worth about $1,016,000. Finally, American International Group Inc. boosted its stake in Central Garden & Pet by 6.3% in the 3rd quarter. American International Group Inc. now owns 27,906 shares of the company’s stock worth $1,038,000 after buying an additional 1,648 shares during the last quarter. 64.09% of the stock is currently owned by institutional investors and hedge funds.
Separately, CL King reaffirmed a “buy” rating and issued a $47.00 price objective on shares of Central Garden & Pet in a research note on Friday, December 8th.
Shares of NASDAQ CENTA traded down $0.47 during midday trading on Friday, hitting $39.04. The stock had a trading volume of 157,637 shares, compared to its average volume of 207,357. The firm has a market capitalization of $2,049.86, a P/E ratio of 26.03 and a beta of 0.38. Central Garden & Pet has a 1-year low of $28.12 and a 1-year high of $41.34. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.42 and a quick ratio of 2.46.
Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $442.01 million for the quarter. Central Garden & Pet had a return on equity of 12.86% and a net margin of 4.69%. equities research analysts expect that Central Garden & Pet will post 1.85 EPS for the current fiscal year.
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Central Garden & Pet Profile
Central Garden & Pet Company, together with its subsidiaries, produces and distributes products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment supplies products for dogs and cats comprising edible bones, edible and non-edible chews, rawhide, dog and cat food and treats, toys, pet carriers, grooming supplies, and other accessories; and food, cages and habitats, toys, chews, and related accessories for birds, small animals, and specialty pets.
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