249,468 Shares in Central Garden & Pet (NASDAQ:CENTA) Acquired by Norges Bank

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Norges Bank acquired a new stake in Central Garden & Pet (NASDAQ:CENTA – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 249,468 shares of the company’s stock, valued at approximately $8,245,000. Norges Bank owned about 0.38% of Central Garden & Pet [...]

Norges Bank acquired a new stake in Central Garden & Pet ( NASDAQ:CENTA – Free Report ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 249,468 shares of the company’s stock, valued at approximately $8,245,000. Norges Bank owned about 0.

38% of Central Garden & Pet as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other institutional investors have also recently bought and sold shares of CENTA. JPMorgan Chase & Co.



boosted its holdings in Central Garden & Pet by 17.7% during the fourth quarter. JPMorgan Chase & Co.

now owns 248,207 shares of the company’s stock worth $8,203,000 after buying an additional 37,393 shares during the last quarter. Vanguard Group Inc. boosted its stake in Central Garden & Pet by 5.

4% during the 4th quarter. Vanguard Group Inc. now owns 5,979,003 shares of the company’s stock worth $197,606,000 after acquiring an additional 306,449 shares during the last quarter.

KLP Kapitalforvaltning AS bought a new position in Central Garden & Pet during the 4th quarter worth approximately $382,000. Sei Investments Co. grew its holdings in Central Garden & Pet by 0.

8% during the fourth quarter. Sei Investments Co. now owns 49,074 shares of the company’s stock valued at $1,622,000 after purchasing an additional 410 shares during the period.

Finally, American Century Companies Inc. increased its stake in Central Garden & Pet by 14.1% in the fourth quarter.

American Century Companies Inc. now owns 1,373,100 shares of the company’s stock valued at $45,381,000 after purchasing an additional 170,121 shares in the last quarter. Institutional investors and hedge funds own 50.

82% of the company’s stock. Analyst Ratings Changes Several equities analysts have recently issued reports on the stock. StockNews.

com raised shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Argus cut Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co.

lowered their price target on Central Garden & Pet from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Thursday, January 16th.

Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.

00. Insider Transactions at Central Garden & Pet In related news, insider John D. Walker III sold 10,000 shares of the company’s stock in a transaction dated Monday, February 10th.

The stock was sold at an average price of $32.86, for a total transaction of $328,600.00.

Following the sale, the insider now owns 67,111 shares in the company, valued at approximately $2,205,267.46. This represents a 12.

97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Company insiders own 20.

28% of the company’s stock. Central Garden & Pet Price Performance Shares of NASDAQ CENTA opened at $30.22 on Wednesday.

The company has a fifty day moving average price of $32.00 and a 200 day moving average price of $31.83.

The firm has a market cap of $1.98 billion, a PE ratio of 16.60 and a beta of 0.

75. The company has a current ratio of 3.47, a quick ratio of 1.

97 and a debt-to-equity ratio of 0.78. Central Garden & Pet has a 1-year low of $27.

70 and a 1-year high of $41.03. Central Garden & Pet ( NASDAQ:CENTA – Get Free Report ) last posted its quarterly earnings data on Wednesday, February 5th.

The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.

24. Central Garden & Pet had a return on equity of 10.08% and a net margin of 3.

77%. Research analysts predict that Central Garden & Pet will post 2.38 earnings per share for the current fiscal year.

Central Garden & Pet Profile ( Free Report ) Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish and small animals as well as outdoor cushions.

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