Citadel Advisors LLC Takes Position in Central Securities Co. (NYSE:CET)

Citadel Advisors LLC acquired a new stake in shares of Central Securities Co. (NYSE:CET - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 30,738 shares of the company's stock, valued at approximately $1,404,000. Citadel Advisors LLC owned about 0.11% of Central Securities at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Confluence Wealth Services Inc. lifted its holdings in Central Securities by 4.3% in the fourth quarter. Confluence Wealth Services Inc. now owns 6,203 shares of the company's stock worth $294,000 after buying an additional 254 shares during the period. Essex Financial Services Inc. raised its stake in Central Securities by 4.3% during the fourth quarter. Essex Financial Services Inc. now owns 7,151 shares of the company's stock valued at $327,000 after buying an additional 295 shares during the last quarter. King Luther Capital Management Corp raised its stake in Central Securities by 4.3% during the fourth quarter. King Luther Capital Management Corp now owns 9,217 shares of the company's stock valued at $421,000 after buying an additional 381 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its stake in Central Securities by 0.5% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 82,237 shares of the company's stock valued at $3,757,000 after buying an additional 386 shares during the last quarter. Finally, S&CO Inc. increased its position in shares of Central Securities by 3.3% during the fourth quarter. S&CO Inc. now owns 16,041 shares of the company's stock valued at $732,000 after acquiring an additional 518 shares in the last quarter. 8.68% of the stock is currently owned by institutional investors.

Central Securities Price Performance

Shares of CET traded up $0.28 on Friday, hitting $46.63. 4,170 shares of the stock traded hands, compared to its average volume of 29,445. The business has a 50 day simple moving average of $44.45 and a 200 day simple moving average of $45.84. Central Securities Co. has a one year low of $40.24 and a one year 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.