Colonial Trust Advisors Increases Stake in Central Securities Co. (NYSE:CET)

Colonial Trust Advisors raised its position in shares of Central Securities Co. (NYSE:CET) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,760 shares of the company’s stock after buying an additional 1,352 shares during the period. Colonial Trust Advisors’ holdings in Central Securities were worth $2,228,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CET. Wells Fargo & Company MN raised its holdings in Central Securities by 50.1% in the 4th quarter. Wells Fargo & Company MN now owns 12,761 shares of the company’s stock worth $583,000 after purchasing an additional 4,259 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. increased its stake in Central Securities by 0.5% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 82,237 shares of the company’s stock valued at $3,757,000 after purchasing an additional 386 shares in the last quarter. LPL Financial LLC increased its stake in Central Securities by 11.3% during the 4th quarter. LPL Financial LLC now owns 9,968 shares of the company’s stock valued at $455,000 after purchasing an additional 1,008 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its holdings in shares of Central Securities by 4.3% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 56,658 shares of the company’s stock valued at $2,589,000 after acquiring an additional 2,348 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Central Securities by 14.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 5,780 shares of the company’s stock valued at $264,000 after acquiring an additional 751 shares during the last quarter. Hedge funds and other institutional investors own 8.68% of the company’s stock.

Central Securities Price Performance

CET opened at $43.25 on Thursday. The company’s 50 day moving average is $45.73 and its 200 day moving average is $46.28. Central Securities Co. has a 12-month low of $40.08 and a 12-month high of $49.51.

Central Securities Profile

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.