Central Securities (NYSE:CET) Hits New 12-Month High at $41.80

Central Securities Co. (NYSE:CET)’s share price hit a new 52-week high on Thursday . The company traded as high as $41.80 and last traded at $41.77, with a volume of 29971 shares traded. The stock had previously closed at $41.48.

Central Securities Price Performance

The stock has a fifty day moving average price of $38.94.

Institutional Trading of Central Securities

Several large investors have recently made changes to their positions in CET. Raymond James Financial Services Advisors Inc. grew its stake in shares of Central Securities by 0.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 209,056 shares of the company’s stock valued at $7,411,000 after buying an additional 1,516 shares during the period. Advisor Partners II LLC acquired a new stake in shares of Central Securities in the 3rd quarter valued at about $391,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Central Securities by 14.6% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 51,600 shares of the company’s stock valued at $1,829,000 after buying an additional 6,567 shares during the period. Shaker Financial Services LLC lifted its position in Central Securities by 7.0% in the 3rd quarter. Shaker Financial Services LLC now owns 207,886 shares of the company’s stock valued at $7,370,000 after acquiring an additional 13,563 shares in the last quarter. Finally, NBC Securities Inc. bought a new position in Central Securities in the 3rd quarter valued at about $57,000. 8.68% of the stock is currently owned by institutional investors and hedge funds.

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.