Bessemer Group Inc. held its stake in shares of Central Garden & Pet Company (NASDAQ:CENTA) during the second quarter, Holdings Channel reports. The fund owned 65,900 shares of the company’s stock at the end of the second quarter. Bessemer Group Inc.’s holdings in Central Garden & Pet were worth $1,978,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Eagle Global Advisors LLC increased its stake in shares of Central Garden & Pet by 2.0% in the second quarter. Eagle Global Advisors LLC now owns 27,472 shares of the company’s stock valued at $825,000 after buying an additional 527 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Central Garden & Pet by 3.3% in the second quarter. Great West Life Assurance Co. Can now owns 52,581 shares of the company’s stock valued at $1,577,000 after buying an additional 1,669 shares during the period. Finally, Rothschild Asset Management Inc. boosted its position in shares of Central Garden & Pet by 13.7% in the second quarter. Rothschild Asset Management Inc. now owns 978,676 shares of the company’s stock valued at $29,380,000 after buying an additional 117,911 shares during the period. 64.18% of the stock is currently owned by hedge funds and other institutional investors.

Central Garden & Pet Company (NASDAQ CENTA) opened at 33.66 on Friday. Central Garden & Pet Company has a 12 month low of $21.70 and a 12 month high of $38.17. The firm has a market capitalization of $1.74 billion, a PE ratio of 25.38 and a beta of 0.34. The stock’s 50 day moving average price is $31.21 and its 200 day moving average price is $32.16.

Central Garden & Pet (NASDAQ:CENTA) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.11. Central Garden & Pet had a return on equity of 13.66% and a net margin of 3.49%. The firm had revenue of $574.59 million for the quarter. Equities research analysts expect that Central Garden & Pet Company will post $1.47 earnings per share for the current fiscal year.

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CENTA has been the topic of several research analyst reports. Sidoti upgraded Central Garden & Pet from a “neutral” rating to a “buy” rating in a research report on Monday, June 19th. CL King initiated coverage on Central Garden & Pet in a research report on Friday, July 7th. They set a “buy” rating and a $38.00 price target on the stock.

Central Garden & Pet Company Profile

Central Garden & Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Pet segment and the Garden segment. It is a marketer and producer of pet supplies in the United States.

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

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