BNP Paribas Arbitrage SA lessened its holdings in Central Garden & Pet Co Class A (NASDAQ:CENTA) by 77.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,620 shares of the company’s stock after selling 8,808 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Central Garden & Pet Co Class A were worth $106,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans lifted its stake in shares of Central Garden & Pet Co Class A by 8.4% during the first quarter. Thrivent Financial for Lutherans now owns 23,583 shares of the company’s stock valued at $934,000 after buying an additional 1,824 shares during the period. Federated Investors Inc. PA lifted its stake in shares of Central Garden & Pet Co Class A by 76.8% during the first quarter. Federated Investors Inc. PA now owns 4,614 shares of the company’s stock valued at $183,000 after buying an additional 2,005 shares during the period. Profund Advisors LLC lifted its stake in shares of Central Garden & Pet Co Class A by 38.6% during the first quarter. Profund Advisors LLC now owns 7,435 shares of the company’s stock valued at $295,000 after buying an additional 2,071 shares during the period. Northern Trust Corp lifted its stake in shares of Central Garden & Pet Co Class A by 0.5% during the first quarter. Northern Trust Corp now owns 503,552 shares of the company’s stock valued at $19,947,000 after buying an additional 2,298 shares during the period. Finally, New York State Teachers Retirement System lifted its stake in shares of Central Garden & Pet Co Class A by 1.9% during the first quarter. New York State Teachers Retirement System now owns 126,789 shares of the company’s stock valued at $5,022,000 after buying an additional 2,400 shares during the period. 63.51% of the stock is currently owned by institutional investors.

Shares of CENTA stock opened at $36.17 on Friday. Central Garden & Pet Co Class A has a one year low of $32.57 and a one year high of $41.97. The company has a quick ratio of 2.57, a current ratio of 4.42 and a debt-to-equity ratio of 0.93. The company has a market cap of $1.90 billion, a P/E ratio of 24.11 and a beta of 0.32.

Central Garden & Pet Co Class A (NASDAQ:CENTA) last issued its quarterly earnings results on Wednesday, August 1st. The company reported $0.79 EPS for the quarter, hitting the consensus estimate of $0.79. Central Garden & Pet Co Class A had a net margin of 5.32% and a return on equity of 14.69%. The firm had revenue of $657.94 million during the quarter.

Separately, BMO Capital Markets assumed coverage on shares of Central Garden & Pet Co Class A in a research report on Monday, August 13th. They set an “outperform” rating for the company.

Central Garden & Pet Co Class A 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 comprising edible bones, edible and non-edible chews, rawhide, dog and cat food and treats, toys, pet carriers, grooming supplies, and other accessories; and food, cages and habitats, toys, chews, and related accessories for birds, small animals, and specialty pets.

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

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