Renaissance Technologies LLC grew its holdings in shares of Central Garden & Pet Co (NASDAQ:CENT) by 2.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 803,076 shares of the company’s stock after buying an additional 18,900 shares during the period. Renaissance Technologies LLC owned approximately 1.54% of Central Garden & Pet worth $34,918,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the business. Principal Financial Group Inc. boosted its holdings in shares of Central Garden & Pet by 2.2% during the 1st quarter. Principal Financial Group Inc. now owns 79,786 shares of the company’s stock worth $3,431,000 after buying an additional 1,709 shares in the last quarter. Sei Investments Co. raised its position in shares of Central Garden & Pet by 19.3% during the first quarter. Sei Investments Co. now owns 13,509 shares of the company’s stock worth $581,000 after purchasing an additional 2,185 shares during the period. Piedmont Investment Advisors LLC acquired a new position in shares of Central Garden & Pet during the second quarter worth approximately $105,000. SG Americas Securities LLC acquired a new position in shares of Central Garden & Pet during the second quarter worth approximately $115,000. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Central Garden & Pet by 4.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 75,903 shares of the company’s stock worth $3,301,000 after purchasing an additional 2,947 shares during the period. Hedge funds and other institutional investors own 23.49% of the company’s stock.

A number of equities analysts have recently weighed in on CENT shares. Zacks Investment Research lowered Central Garden & Pet from a “buy” rating to a “hold” rating in a research report on Tuesday, July 10th. BidaskClub raised Central Garden & Pet from a “sell” rating to a “hold” rating in a research report on Wednesday, June 20th. Bank of America started coverage on Central Garden & Pet in a research report on Monday, September 10th. They set a “buy” rating and a $44.00 target price on the stock. ValuEngine lowered Central Garden & Pet from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Finally, BMO Capital Markets started coverage on Central Garden & Pet in a research report on Monday, August 13th. They set a “buy” rating and a $45.00 target price on the stock. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $45.83.

Shares of NASDAQ:CENT opened at $39.35 on Tuesday. The company has a current ratio of 4.42, a quick ratio of 2.57 and a debt-to-equity ratio of 0.93. Central Garden & Pet Co has a twelve month low of $34.81 and a twelve month high of $45.02. The company has a market cap of $2.07 billion, a PE ratio of 26.23 and a beta of -0.15.

Central Garden & Pet (NASDAQ:CENT) last released its quarterly earnings results on Wednesday, August 1st. The company reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.01). The company had revenue of $657.90 million during the quarter, compared to analysts’ expectations of $607.34 million. Central Garden & Pet had a net margin of 5.32% and a return on equity of 14.69%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 earnings per share. equities analysts predict that Central Garden & Pet Co will post 1.9 EPS for the current fiscal year.

Central Garden & Pet 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 (NASDAQ:CENT)

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