John C. Hill Purchases 300 Shares of Central Securities Co. (NYSE:CET) Stock

Central Securities Co. (NYSE:CET) CEO John C. Hill acquired 300 shares of the stock in a transaction dated Thursday, May 2nd. The stock was bought at an average price of $40.77 per share, for a total transaction of $12,231.00. Following the purchase, the chief executive officer now owns 68,547 shares of the company’s stock, valued at approximately $2,794,661.19. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Central Securities Stock Up 0.6 %

NYSE:CET opened at $41.08 on Friday. Central Securities Co. has a one year low of $33.85 and a one year high of $41.99. The firm’s fifty day moving average is $40.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new stake in Central Securities during the fourth quarter worth about $37,180,000. AQR Arbitrage LLC lifted its position in shares of Central Securities by 132.6% in the 3rd quarter. AQR Arbitrage LLC now owns 40,935 shares of the company’s stock worth $1,451,000 after acquiring an additional 23,339 shares during the period. Raymond James & Associates lifted its position in shares of Central Securities by 1.9% in the 4th quarter. Raymond James & Associates now owns 107,307 shares of the company’s stock worth $4,053,000 after acquiring an additional 1,996 shares during the period. Quad Cities Investment Group LLC grew its holdings in shares of Central Securities by 3.7% during the 4th quarter. Quad Cities Investment Group LLC now owns 7,503 shares of the company’s stock worth $281,000 after purchasing an additional 268 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. increased its position in shares of Central Securities by 15.6% during the third quarter. City of London Investment Management Co. Ltd. now owns 11,500 shares of the company’s stock valued at $408,000 after purchasing an additional 1,550 shares during the period. Institutional investors own 8.68% of the company’s stock.

Central Securities Company Profile

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.