Public Employees Retirement System of Ohio lowered its position in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 71.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,929 shares of the company’s stock after selling 7,261 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Central Garden & Pet were worth $109,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinebridge Investments L.P. lifted its holdings in shares of Central Garden & Pet by 1.4% during the second quarter. Pinebridge Investments L.P. now owns 4,474 shares of the company’s stock worth $134,000 after buying an additional 61 shares in the last quarter. Quantbot Technologies LP raised its stake in Central Garden & Pet by 24.5% in the second quarter. Quantbot Technologies LP now owns 4,107 shares of the company’s stock valued at $123,000 after purchasing an additional 807 shares in the last quarter. Alliancebernstein L.P. raised its stake in Central Garden & Pet by 2.2% in the second quarter. Alliancebernstein L.P. now owns 48,259 shares of the company’s stock valued at $1,449,000 after purchasing an additional 1,030 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Central Garden & Pet by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 180,683 shares of the company’s stock valued at $5,424,000 after purchasing an additional 1,090 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Central Garden & Pet by 2.0% in the second quarter. Rhumbline Advisers now owns 71,921 shares of the company’s stock valued at $2,159,000 after purchasing an additional 1,428 shares in the last quarter. 62.79% of the stock is owned by institutional investors.

Central Garden & Pet Company (NASDAQ CENTA) opened at $36.27 on Tuesday. Central Garden & Pet Company has a 52 week low of $28.12 and a 52 week high of $41.34. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.10 and a quick ratio of 1.37. The company has a market capitalization of $1,849.89, a PE ratio of 23.86 and a beta of 0.27.

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

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

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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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