City of London Investment Management Co. Ltd. Sells 13,174 Shares of Central Securities Co. (NYSE:CET)

City of London Investment Management Co. Ltd. lessened its holdings in Central Securities Co. (NYSE:CET) by 39.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,550 shares of the company’s stock after selling 13,174 shares during the period. City of London Investment Management Co. Ltd. owned 0.07% of Central Securities worth $905,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. S&CO Inc. lifted its position in shares of Central Securities by 4.5% in the fourth quarter. S&CO Inc. now owns 19,588 shares of the company’s stock worth $739,000 after buying an additional 837 shares during the last quarter. Bulldog Investors LLP boosted its position in Central Securities by 2.3% during the fourth quarter. Bulldog Investors LLP now owns 249,645 shares of the company’s stock worth $9,429,000 after purchasing an additional 5,562 shares during the period. Harbor Investment Advisory LLC bought a new position in shares of Central Securities in the first quarter valued at approximately $35,000. Evanson Asset Management LLC acquired a new stake in shares of Central Securities in the first quarter worth $207,000. Finally, Matisse Capital acquired a new position in Central Securities in the 1st quarter valued at $2,506,000. 8.68% of the stock is currently owned by institutional investors.

Central Securities Stock Performance

CET stock opened at $45.18 on Monday. The company has a 50-day moving average of $43.96 and a two-hundred day moving average of $42.58. Central Securities Co. has a 52-week low of $34.58 and a 52-week high of $45.38.

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.