Great West Life Assurance Co. Can reduced its stake in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 3.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,969 shares of the company’s stock after selling 1,612 shares during the quarter. Great West Life Assurance Co. Can owned approximately 0.10% of Central Garden & Pet worth $1,878,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Texas Permanent School Fund raised its holdings in shares of Central Garden & Pet by 1.2% in the second quarter. Texas Permanent School Fund now owns 24,793 shares of the company’s stock valued at $744,000 after acquiring an additional 298 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Central Garden & Pet in the second quarter valued at about $210,000. Schwab Charles Investment Management Inc. raised its holdings in shares of Central Garden & Pet by 10.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 249,697 shares of the company’s stock valued at $7,496,000 after acquiring an additional 23,982 shares in the last quarter. Arizona State Retirement System raised its holdings in Central Garden & Pet by 0.6% in the second quarter. Arizona State Retirement System now owns 17,693 shares of the company’s stock worth $531,000 after purchasing an additional 100 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in Central Garden & Pet by 2.0% in the second quarter. Rhumbline Advisers now owns 71,921 shares of the company’s stock worth $2,159,000 after purchasing an additional 1,428 shares in the last quarter. 62.79% of the stock is owned by hedge funds and other institutional investors.

Central Garden & Pet Company (NASDAQ CENTA) opened at $37.86 on Tuesday. Central Garden & Pet Company has a fifty-two week low of $28.12 and a fifty-two week high of $41.34. The company has a current ratio of 3.10, a quick ratio of 1.37 and a debt-to-equity ratio of 0.62. The stock has a market cap of $1,936.35, a PE ratio of 25.10 and a beta of 0.28.

Central Garden & Pet (NASDAQ:CENTA) last posted its quarterly earnings data on Tuesday, November 28th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. Central Garden & Pet had a net margin of 3.84% and a return on equity of 12.81%. The firm had revenue of $490.46 million for the quarter. During the same quarter last year, the company earned $0.13 EPS. sell-side analysts forecast that Central Garden & Pet Company will post 1.62 EPS for the current year.

A number of brokerages have commented on CENTA. CL King reiterated a “buy” rating and issued a $47.00 target price on shares of Central Garden & Pet in a report on Friday, December 8th. Monness Crespi & Hardt began coverage on shares of Central Garden & Pet in a report on Friday, October 20th. They issued a “buy” rating and a $44.00 target price for the company. Finally, Sidoti downgraded shares of Central Garden & Pet from a “buy” rating to a “neutral” rating in a report on Monday, October 16th.

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Central Garden & Pet Company Profile

Central Garden & Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Pet segment and the Garden segment. It is a marketer and producer of pet supplies in the United States.

Institutional Ownership by Quarter for Central Garden & Pet (NASDAQ:CENTA)

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