Roberts Glore & Co. Inc. IL Purchases Shares of 34,742 Central Securities Corporation $CET

Roberts Glore & Co. Inc. IL acquired a new position in shares of Central Securities Corporation (NYSEAMERICAN:CET) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 34,742 shares of the company’s stock, valued at approximately $1,822,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CET. Trust Co. of Vermont bought a new position in Central Securities in the 2nd quarter valued at about $29,000. Bank of America Corp DE bought a new position in Central Securities during the 2nd quarter valued at $64,000. Northwestern Mutual Wealth Management Co. purchased a new position in Central Securities during the 2nd quarter worth $92,000. Williams Jones Wealth Management LLC. purchased a new position in Central Securities during the third quarter worth about $214,000. Finally, Robotti Robert bought a new position in shares of Central Securities in the fourth quarter valued at approximately $222,000. 8.68% of the stock is owned by institutional investors.

Central Securities Stock Performance

Shares of NYSEAMERICAN:CET opened at $55.29 on Wednesday. The business has a fifty day moving average price of $53.37 and a two-hundred day moving average price of $52.45. Central Securities Corporation has a 1 year low of $47.82 and a 1 year high of $55.99.

Central Securities Announces Dividend

The business also recently announced a dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a dividend of $0.31 per share. This represents a dividend yield of 117.0%. The ex-dividend date of this dividend was Friday, June 12th.

Central Securities Company 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. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.