Central Garden & Pet Co (CENTA) Shares Bought by Bank of Montreal Can

Bank of Montreal Can increased its holdings in Central Garden & Pet Co (NASDAQ:CENTA) by 128.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,684 shares of the company’s stock after purchasing an additional 54,991 shares during the period. Bank of Montreal Can’s holdings in Central Garden & Pet were worth $3,238,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CENTA. Renaissance Technologies LLC raised its holdings in shares of Central Garden & Pet by 3.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,350,400 shares of the company’s stock worth $54,651,000 after acquiring an additional 47,600 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Central Garden & Pet during the 2nd quarter worth approximately $5,914,000. State of Wisconsin Investment Board raised its holdings in shares of Central Garden & Pet by 25.8% during the 2nd quarter. State of Wisconsin Investment Board now owns 574,405 shares of the company’s stock worth $23,246,000 after acquiring an additional 117,778 shares in the last quarter. UBS Group AG raised its holdings in shares of Central Garden & Pet by 704.2% during the 1st quarter. UBS Group AG now owns 63,095 shares of the company’s stock worth $2,499,000 after acquiring an additional 55,249 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in shares of Central Garden & Pet by 8.8% during the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 671,240 shares of the company’s stock worth $27,165,000 after acquiring an additional 54,396 shares in the last quarter. 63.91% of the stock is currently owned by institutional investors.

Several analysts have recently issued reports on the company. KeyCorp assumed coverage on Central Garden & Pet in a report on Thursday, October 11th. They set an “overweight” rating and a $39.00 price objective on the stock. ValuEngine cut Central Garden & Pet from a “hold” rating to a “sell” rating in a report on Thursday, September 27th. Bank of America assumed coverage on Central Garden & Pet in a report on Monday, September 10th. They set a “buy” rating and a $44.00 price objective on the stock. Finally, BMO Capital Markets assumed coverage on Central Garden & Pet in a report on Monday, August 13th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Central Garden & Pet presently has an average rating of “Buy” and an average target price of $43.33.

Shares of CENTA opened at $29.51 on Monday. The company has a market cap of $1.54 billion, a PE ratio of 19.67, a PEG ratio of 1.27 and a beta of 0.25. Central Garden & Pet Co has a 1 year low of $27.88 and a 1 year high of $41.97. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.57 and a current ratio of 4.42.

About Central Garden & Pet

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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Institutional Ownership by Quarter for Central Garden & Pet (NASDAQ:CENTA)

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