AQR Arbitrage LLC Cuts Stock Holdings in Central Securities Co. (NYSE:CET)

AQR Arbitrage LLC lowered its stake in Central Securities Co. (NYSE:CET - Free Report) by 18.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,360 shares of the company's stock after selling 18,006 shares during the quarter. AQR Arbitrage LLC owned approximately 0.28% of Central Securities worth $3,717,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. acquired a new stake in shares of Central Securities in the fourth quarter valued at about $25,000. Stolper Co acquired a new stake in Central Securities in the fourth quarter valued at approximately $203,000. Commonwealth Equity Services LLC increased its stake in Central Securities by 14.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 5,780 shares of the company's stock valued at $264,000 after purchasing an additional 751 shares in the last quarter. Confluence Wealth Services Inc. raised its holdings in shares of Central Securities by 4.3% in the 4th quarter. Confluence Wealth Services Inc. now owns 6,203 shares of the company's stock worth $294,000 after acquiring an additional 254 shares during the last quarter. Finally, Quad Cities Investment Group LLC lifted its holdings in shares of Central Securities by 4.3% in the fourth quarter. Quad Cities Investment Group LLC now owns 6,894 shares of the company's stock valued at $315,000 after purchasing an additional 286 shares in the last quarter. Institutional investors and hedge funds own 8.68% of the company's stock.

Central Securities Stock Up 0.9 %

Central Securities stock traded up $0.38 during midday trading on Friday, hitting $44.98. 22,618 shares of the stock were exchanged, compared to its average volume of 30,998. The business's 50-day moving average price is $44.24 and its 200-day moving average price is $45.97. Central Securities Co. has a 52-week low of $40.24 and a 52-week high of $49.51.

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.