Central Securities Corporation $CET Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its stake in Central Securities Corporation (NYSEAMERICAN:CET) by 2.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 803,728 shares of the company’s stock after buying an additional 17,776 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 2.72% of Central Securities worth $40,757,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CET. Pinnacle Associates Ltd. acquired a new stake in shares of Central Securities in the 3rd quarter worth about $2,562,000. Blue Bell Private Wealth Management LLC boosted its stake in Central Securities by 8.2% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 311,489 shares of the company’s stock valued at $15,796,000 after purchasing an additional 23,696 shares during the period. PNC Financial Services Group Inc. acquired a new position in Central Securities during the 3rd quarter valued at about $537,000. Bulldog Investors LLP grew its position in Central Securities by 4.9% in the 3rd quarter. Bulldog Investors LLP now owns 386,046 shares of the company’s stock worth $19,831,000 after purchasing an additional 17,962 shares during the last quarter. Finally, Closed End Fund Advisors Inc. bought a new position in Central Securities in the 4th quarter worth about $554,000. Institutional investors and hedge funds own 8.68% of the company’s stock.

Central Securities Stock Performance

Shares of NYSEAMERICAN:CET opened at $52.64 on Monday. The firm’s 50 day moving average is $52.84 and its two-hundred day moving average is $51.74. Central Securities Corporation has a 52 week low of $46.75 and a 52 week high of $54.65.

Central Securities Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a $0.31 dividend. This represents a yield of 117.0%. The ex-dividend date of this dividend is Friday, June 12th.

About Central Securities

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. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.