Keybank National Association OH Has $583,000 Stock Holdings in Central Garden & Pet (NASDAQ:CENTA)

Keybank National Association OH increased its position in shares of Central Garden & Pet (NASDAQ:CENTA) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,640 shares of the company’s stock after acquiring an additional 468 shares during the quarter. Keybank National Association OH’s holdings in Central Garden & Pet were worth $583,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CENTA. Rhumbline Advisers increased its holdings in Central Garden & Pet by 0.4% in the fourth quarter. Rhumbline Advisers now owns 160,457 shares of the company’s stock valued at $5,303,000 after purchasing an additional 678 shares during the last quarter. KBC Group NV increased its holdings in Central Garden & Pet by 43.8% in the third quarter. KBC Group NV now owns 2,402 shares of the company’s stock valued at $75,000 after purchasing an additional 732 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Central Garden & Pet by 668.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 930 shares of the company’s stock valued at $31,000 after purchasing an additional 809 shares during the last quarter. Olstein Capital Management L.P. increased its holdings in Central Garden & Pet by 1.3% in the fourth quarter. Olstein Capital Management L.P. now owns 77,000 shares of the company’s stock valued at $2,545,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Point72 DIFC Ltd increased its holdings in Central Garden & Pet by 32.0% in the third quarter. Point72 DIFC Ltd now owns 6,154 shares of the company’s stock valued at $193,000 after purchasing an additional 1,492 shares during the last quarter. Institutional investors and hedge funds own 50.82% of the company’s stock.

Insider Activity at Central Garden & Pet

In related news, insider John D. Walker III sold 10,000 shares of Central Garden & Pet stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $32.86, for a total value of $328,600.00. Following the sale, the insider now owns 67,111 shares of the company’s stock, valued at approximately $2,205,267.46. This trade represents a 12.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 20.28% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. dropped their price objective on Central Garden & Pet from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Argus downgraded Central Garden & Pet from a “buy” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, StockNews.com upgraded Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $41.00.

Central Garden & Pet Stock Up 0.6 %

Shares of Central Garden & Pet stock opened at $32.67 on Friday. Central Garden & Pet has a 1 year low of $27.70 and a 1 year high of $41.03. The business has a 50-day moving average of $31.77 and a two-hundred day moving average of $32.09. The company has a market capitalization of $2.14 billion, a P/E ratio of 17.95 and a beta of 0.70. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.47 and a quick ratio of 1.97.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.24. Central Garden & Pet had a return on equity of 10.08% and a net margin of 3.77%. As a group, equities analysts predict that Central Garden & Pet will post 2.38 EPS for the current year.

About Central Garden & Pet

Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish and small animals as well as outdoor cushions.