Aigen Investment Management LP acquired a new position in shares of Central Garden & Pet Company (NASDAQ:CENTA – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,330 shares of the company’s stock, valued at approximately $389,000.
Several other institutional investors also recently modified their holdings of CENTA. Royal Bank of Canada grew its holdings in shares of Central Garden & Pet by 15.9% during the 1st quarter. Royal Bank of Canada now owns 18,471 shares of the company’s stock worth $605,000 after purchasing an additional 2,532 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Central Garden & Pet by 56.8% during the 1st quarter. AQR Capital Management LLC now owns 48,438 shares of the company’s stock worth $1,585,000 after buying an additional 17,556 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Central Garden & Pet by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,421 shares of the company’s stock worth $996,000 after buying an additional 743 shares during the period. Millennium Management LLC lifted its position in shares of Central Garden & Pet by 179.2% during the 1st quarter. Millennium Management LLC now owns 180,907 shares of the company’s stock worth $5,921,000 after buying an additional 116,101 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of Central Garden & Pet by 5.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 263,518 shares of the company’s stock worth $8,625,000 after buying an additional 12,749 shares during the period. Institutional investors and hedge funds own 50.82% of the company’s stock.
Central Garden & Pet Trading Up 0.5%
CENTA stock opened at $37.94 on Tuesday. The company has a market cap of $2.37 billion, a P/E ratio of 13.80 and a beta of 0.59. Central Garden & Pet Company has a twelve month low of $25.97 and a twelve month high of $38.15. The company has a quick ratio of 2.16, a current ratio of 3.45 and a debt-to-equity ratio of 0.72. The business has a fifty day moving average of $34.34 and a 200-day moving average of $32.40.
Wall Street Analyst Weigh In
Several research firms recently commented on CENTA. Wall Street Zen upgraded Central Garden & Pet from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. cut their target price on Central Garden & Pet from $33.00 to $32.00 and set an “underweight” rating for the company in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Central Garden & Pet has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.
View Our Latest Report on CENTA
Central Garden & Pet Profile
Central Garden & Pet Co is a leading producer, marketer and distributor of branded consumable gardening products and pet supplies in North America. Headquartered in Walnut Creek, California, the company serves both retail and wholesale customers through a network of distribution centers across the United States and Canada. Operating under the ticker symbol CENTA on the NASDAQ exchange, Central Garden & Pet has been publicly traded since 2003.
The company’s Garden segment offers a broad portfolio of lawn and garden care solutions, including fertilizers, weed and pest control products, soil and mulch, and plant care accessories.
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