Sii Investments Inc. WI Sells 1,090 Shares of Central Securities Corp. (CET)
Sii Investments Inc. WI trimmed its stake in Central Securities Corp. (NYSE:CET) by 4.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,597 shares of the company’s stock after selling 1,090 shares during the quarter. Sii Investments Inc. WI owned approximately 0.09% of Central Securities Corp. worth $563,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Institute for Wealth Management LLC. acquired a new position in shares of Central Securities Corp. in the 2nd quarter worth $851,000. Wells Fargo & Company MN grew its holdings in shares of Central Securities Corp. by 31.7% in the 2nd quarter. Wells Fargo & Company MN now owns 13,676 shares of the company’s stock worth $341,000 after acquiring an additional 3,295 shares during the last quarter. Finally, Deschutes Portfolio Strategy LLC grew its holdings in shares of Central Securities Corp. by 0.8% in the 2nd quarter. Deschutes Portfolio Strategy LLC now owns 277,600 shares of the company’s stock worth $6,921,000 after acquiring an additional 2,200 shares during the last quarter.
Shares of Central Securities Corp. (NYSE CET) traded down 0.31% during trading on Friday, hitting $26.05. The company had a trading volume of 3,458 shares. Central Securities Corp. has a 12-month low of $20.06 and a 12-month high of $26.18. The stock has a market cap of $646.30 million and a PE ratio of 3.96. The firm has a 50 day moving average of $25.28 and a 200 day moving average of $24.93.
TRADEMARK VIOLATION WARNING: “Sii Investments Inc. WI Sells 1,090 Shares of Central Securities Corp. (CET)” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/10/06/sii-investments-inc-wi-sells-1090-shares-of-central-securities-corp-cet.html.
About Central Securities Corp.
Central Securities Corporation is a non-diversified, closed-end management investment company. The Company’s investment objective is long-term growth of capital and its approach is based on value investing. The Company invests primarily in common stocks, but it may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.
Receive News & Stock Ratings for Central Securities Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Securities Corp. and related stocks with our FREE daily email newsletter.