Sawtooth Solutions LLC Has $342,000 Stake in Central Garden & Pet (NASDAQ:CENT)

Sawtooth Solutions LLC increased its position in Central Garden & Pet (NASDAQ:CENT) by 32.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 7,115 shares of the company’s stock after purchasing an additional 1,731 shares during the period. Sawtooth Solutions LLC’s holdings in Central Garden & Pet were worth $342,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Inspire Investing LLC bought a new position in shares of Central Garden & Pet during the 3rd quarter valued at $241,000. Barclays PLC increased its holdings in shares of Central Garden & Pet by 53.4% during the 3rd quarter. Barclays PLC now owns 7,830 shares of the company’s stock worth $376,000 after purchasing an additional 2,725 shares during the period. MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income acquired a new stake in shares of Central Garden & Pet during the 3rd quarter valued at about $7,746,000. Bfsg LLC boosted its position in shares of Central Garden & Pet by 2.6% during the 3rd quarter. Bfsg LLC now owns 52,903 shares of the company’s stock valued at $2,539,000 after acquiring an additional 1,356 shares in the last quarter. Finally, Martin & Co. Inc. TN boosted its position in Central Garden & Pet by 2.0% in the third quarter. Martin & Co. Inc. TN now owns 71,077 shares of the company’s stock valued at $3,412,000 after buying an additional 1,390 shares in the last quarter. 18.45% of the stock is owned by institutional investors.

Separately, Argus downgraded shares of Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Tuesday, November 30th.

Shares of CENT stock opened at $48.57 on Friday. The firm has a market capitalization of $2.68 billion, a PE ratio of 17.79 and a beta of 0.55. The firm has a fifty day simple moving average of $51.69 and a two-hundred day simple moving average of $49.83. The company has a current ratio of 2.96, a quick ratio of 1.64 and a debt-to-equity ratio of 0.97. Central Garden & Pet has a 12 month low of $40.68 and a 12 month high of $62.91.

Central Garden & Pet (NASDAQ:CENT) last announced its quarterly earnings results on Monday, November 22nd. The company reported ($0.06) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.18. The firm had revenue of $739.13 million for the quarter, compared to analysts’ expectations of $729.16 million. Central Garden & Pet had a return on equity of 13.73% and a net margin of 4.59%. During the same period in the prior year, the business posted $0.25 earnings per share. On average, equities analysts predict that Central Garden & Pet will post 3.11 earnings per share for the current fiscal year.

Central Garden & Pet Company Profile

Central Garden & Pet Co is an innovator, producer and distributor of branded and private label products for the lawn & garden and pet supplies markets in the United States. It operates through the following segments: Pets and Garden. The Pet segment includes dog and cat supplies such as dog treats and chews, toys, pet beds and grooming products, waste management and training pads, pet containment, 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.

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Institutional Ownership by Quarter for Central Garden & Pet (NASDAQ:CENT)

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