Central Securities Co. (NYSE:CET) VP Andrew J. O’neill Purchases 1,309 Shares

Central Securities Co. (NYSE:CET) VP Andrew J. O’neill acquired 1,309 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was acquired at an average price of $45.65 per share, with a total value of $59,755.85. Following the completion of the transaction, the vice president now directly owns 88,146 shares of the company’s stock, valued at approximately $4,023,864.90. This represents a 1.51 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Central Securities Trading Down 0.2 %

Shares of NYSE:CET opened at $45.53 on Thursday. The business’s 50 day moving average price is $46.75 and its 200-day moving average price is $45.44. Central Securities Co. has a 1 year low of $36.89 and a 1 year high of $49.51.

Central Securities Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, November 15th were issued a dividend of $2.05 per share. This represents a yield of 1.3%. This is an increase from Central Securities’s previous semi-annual dividend of $0.20. The ex-dividend date was Friday, November 15th.

Institutional Trading of Central Securities

Institutional investors and hedge funds have recently modified their holdings of the stock. Smithfield Trust Co purchased a new position in Central Securities in the 3rd quarter valued at about $203,000. Landscape Capital Management L.L.C. raised its holdings in shares of Central Securities by 15.6% during the third quarter. Landscape Capital Management L.L.C. now owns 9,038 shares of the company’s stock valued at $414,000 after acquiring an additional 1,220 shares during the last quarter. Neville Rodie & Shaw Inc. lifted its position in shares of Central Securities by 54.5% in the fourth quarter. Neville Rodie & Shaw Inc. now owns 17,000 shares of the company’s stock valued at $777,000 after acquiring an additional 6,000 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Central Securities by 18.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 17,963 shares of the company’s stock worth $791,000 after acquiring an additional 2,860 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of Central Securities by 4.1% during the third quarter. Stifel Financial Corp now owns 22,280 shares of the company’s stock worth $1,021,000 after purchasing an additional 880 shares in the last quarter. Hedge funds and other 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.