Shaker Financial Services LLC Grows Stake in Central Securities Co. (NYSE:CET)

Shaker Financial Services LLC increased its stake in shares of Central Securities Co. (NYSE:CET - Free Report) by 20.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 167,641 shares of the company's stock after acquiring an additional 28,288 shares during the quarter. Central Securities comprises about 2.9% of Shaker Financial Services LLC's portfolio, making the stock its 2nd largest holding. Shaker Financial Services LLC owned approximately 0.59% of Central Securities worth $7,659,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in Central Securities in the fourth quarter worth $13,691,000. Blue Bell Private Wealth Management LLC boosted its position in shares of Central Securities by 22.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 192,641 shares of the company's stock valued at $8,802,000 after buying an additional 35,911 shares during the period. Thomas J. Herzfeld Advisors Inc. raised its holdings in shares of Central Securities by 0.5% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 82,237 shares of the company's stock worth $3,757,000 after buying an additional 386 shares during the period. Douglass Winthrop Advisors LLC boosted its holdings in Central Securities by 4.3% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 56,658 shares of the company's stock valued at $2,589,000 after acquiring an additional 2,348 shares during the period. Finally, Colonial Trust Advisors grew its position in Central Securities by 2.9% in the 4th quarter. Colonial Trust Advisors now owns 48,760 shares of the company's stock valued at $2,228,000 after acquiring an additional 1,352 shares during the last quarter. 8.68% of the stock is owned by institutional investors.

Central Securities Stock Up 0.0 %

Shares of NYSE:CET traded up $0.01 on Friday, hitting $43.71. 23,488 shares of the company's stock were exchanged, compared to its average volume of 30,417. The business's 50 day simple moving average is $44.55 and its two-hundred day simple moving average is $46.05. Central Securities Co. has a 12 month low of $40.24 and a 12 month high of $49.51.

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.