Central Securities Co. (NYSE:CET) Shares Sold by Wolverine Asset Management LLC

Wolverine Asset Management LLC lessened its holdings in shares of Central Securities Co. (NYSE:CET) by 45.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,568 shares of the company’s stock after selling 19,711 shares during the period. Wolverine Asset Management LLC’s holdings in Central Securities were worth $890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. NBC Securities Inc. purchased a new position in Central Securities in the third quarter valued at $57,000. Quad Cities Investment Group LLC raised its position 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 during the last quarter. Accel Wealth Management raised its position in shares of Central Securities by 4.5% during the 4th quarter. Accel Wealth Management now owns 7,931 shares of the company’s stock worth $300,000 after purchasing an additional 341 shares during the last quarter. Advisor Partners II LLC acquired a new position in shares of Central Securities during the 3rd quarter worth about $391,000. Finally, City of London Investment Management Co. Ltd. raised its position in shares of Central Securities by 15.6% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 11,500 shares of the company’s stock worth $408,000 after purchasing an additional 1,550 shares during the last quarter. Hedge funds and other institutional investors own 8.68% of the company’s stock.

Insider Activity at Central Securities

In other Central Securities news, VP Andrew J. O’neill acquired 800 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The stock was bought at an average price of $40.13 per share, with a total value of $32,104.00. Following the purchase, the vice president now owns 83,639 shares in the company, valued at $3,356,433.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders acquired 1,300 shares of company stock valued at $52,172. Corporate insiders own 10.30% of the company’s stock.

Central Securities Price Performance

CET opened at $40.47 on Friday. Central Securities Co. has a twelve month low of $33.85 and a twelve month high of $41.99. The stock’s 50-day moving average is $40.21.

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.