Russell Investments Group Ltd. raised its stake in Central Garden & Pet Co Class A (NASDAQ:CENTA) by 18.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 229,691 shares of the company’s stock after buying an additional 35,275 shares during the quarter. Russell Investments Group Ltd. owned about 0.44% of Central Garden & Pet Co Class A worth $9,287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Northern Trust Corp lifted its position in shares of Central Garden & Pet Co Class A by 0.5% in the first quarter. Northern Trust Corp now owns 503,552 shares of the company’s stock worth $19,947,000 after purchasing an additional 2,298 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Central Garden & Pet Co Class A by 37.9% in the first quarter. Royal Bank of Canada now owns 562,128 shares of the company’s stock worth $22,267,000 after purchasing an additional 154,550 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Central Garden & Pet Co Class A in the second quarter worth $5,914,000. State of Wisconsin Investment Board lifted its position in shares of Central Garden & Pet Co Class A by 25.8% in the second quarter. State of Wisconsin Investment Board now owns 574,405 shares of the company’s stock worth $23,246,000 after purchasing an additional 117,778 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Central Garden & Pet Co Class A by 704.2% in the first quarter. UBS Group AG now owns 63,095 shares of the company’s stock worth $2,499,000 after purchasing an additional 55,249 shares in the last quarter. 63.51% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ CENTA opened at $36.90 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.57 and a current ratio of 4.42. Central Garden & Pet Co Class A has a 1 year low of $32.57 and a 1 year high of $41.97. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 24.60 and a beta of 0.09.

Central Garden & Pet Co Class A (NASDAQ:CENTA) last posted its quarterly earnings results on Wednesday, August 1st. The company reported $0.79 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ 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 for the quarter.

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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