Oregon Public Employees Retirement Fund decreased its position in Central Garden & Pet (NASDAQ:CENT) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,898 shares of the company’s stock after selling 300 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Central Garden & Pet were worth $156,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV acquired a new position in Central Garden & Pet in the second quarter worth approximately $26,000. Macquarie Group Ltd. bought a new position in Central Garden & Pet in the second quarter worth $30,000. Advisor Group Holdings Inc. bought a new position in Central Garden & Pet in the first quarter worth $40,000. Bank of Montreal Can lifted its position in Central Garden & Pet by 371.5% in the second quarter. Bank of Montreal Can now owns 1,141 shares of the company’s stock worth $41,000 after purchasing an additional 899 shares during the period. Finally, Flagship Harbor Advisors LLC lifted its position in Central Garden & Pet by 324.7% in the third quarter. Flagship Harbor Advisors LLC now owns 1,083 shares of the company’s stock worth $43,000 after purchasing an additional 828 shares during the period. Hedge funds and other institutional investors own 16.75% of the company’s stock.

CENT has been the subject of several recent analyst reports. ValuEngine lowered Central Garden & Pet from a “hold” rating to a “sell” rating in a research note on Tuesday, November 10th. Zacks Investment Research lowered Central Garden & Pet from a “strong-buy” rating to a “hold” rating and set a $42.00 target price for the company. in a research note on Tuesday, October 6th. BidaskClub lowered Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Thursday, October 22nd. Finally, KeyCorp raised their target price on Central Garden & Pet from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $37.50.

In related news, CAO Howard Machek sold 9,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $38.10, for a total value of $342,900.00. Following the completion of the transaction, the chief accounting officer now owns 31,979 shares of the company’s stock, valued at $1,218,399.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 12.60% of the stock is currently owned by company insiders.

Shares of CENT stock opened at $41.18 on Friday. The firm has a fifty day moving average of $41.10 and a 200-day moving average of $38.38. The company has a quick ratio of 2.70, a current ratio of 3.81 and a debt-to-equity ratio of 0.65. Central Garden & Pet has a 12-month low of $23.82 and a 12-month high of $44.80. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 20.49 and a beta of 0.74.

Central Garden & Pet Company Profile

Central Garden & Pet Company, together with its subsidiaries, produces and distributes products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment supplies products for dogs and cats, including edible bones, edible and non-edible chews, rawhides, dog and cat food and treats, toys, pet carriers, grooming supplies, and other accessories; and products for birds, small animals, and specialty pets, such as cages and habitats, toys, chews, and related accessories.

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

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