98,433 Shares in Central Securities Co. (NYSE:CET) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new stake in shares of Central Securities Co. (NYSE:CET - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 98,433 shares of the company's stock, valued at approximately $37,180,000. International Assets Investment Management LLC owned about 0.35% of Central Securities at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CET. Accel Wealth Management lifted its position in Central Securities by 4.5% during the fourth quarter. Accel Wealth Management now owns 7,931 shares of the company's stock worth $300,000 after acquiring an additional 341 shares during the last quarter. Raymond James & Associates grew its holdings in Central Securities by 1.9% in the 4th quarter. Raymond James & Associates now owns 107,307 shares of the company's stock valued at $4,053,000 after buying an additional 1,996 shares in the last quarter. Quad Cities Investment Group LLC grew its holdings in Central Securities by 3.7% in the 4th quarter. Quad Cities Investment Group LLC now owns 7,503 shares of the company's stock valued at $281,000 after buying an additional 268 shares in the last quarter. Almitas Capital LLC increased its position in Central Securities by 24.2% during the 3rd quarter. Almitas Capital LLC now owns 36,483 shares of the company's stock worth $1,250,000 after buying an additional 7,107 shares during the period. Finally, AQR Arbitrage LLC lifted its holdings in shares of Central Securities by 132.6% during the third quarter. AQR Arbitrage LLC now owns 40,935 shares of the company's stock worth $1,451,000 after buying an additional 23,339 shares in the last quarter. 8.68% of the stock is owned by institutional investors.

Central Securities Stock Performance

Shares of CET stock traded up $0.08 on Tuesday, hitting $41.57. The company's stock had a trading volume of 31,583 shares, compared to its average volume of 41,037. Central Securities Co. has a fifty-two week low of $33.85 and a fifty-two week high of $41.99. The business has a 50 day simple moving average of $39.62.

Central Securities 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.