Central Securities Corp. (CET) Shares Sold by Shaker Financial Services LLC

Shaker Financial Services LLC lowered its stake in Central Securities Corp. (NYSEAMERICAN:CET) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 302,050 shares of the company’s stock after selling 2,666 shares during the period. Central Securities makes up approximately 4.3% of Shaker Financial Services LLC’s portfolio, making the stock its 4th biggest holding. Shaker Financial Services LLC owned about 1.20% of Central Securities worth $8,910,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Columbia Asset Management purchased a new stake in shares of Central Securities in the third quarter valued at approximately $118,000. Roberts Glore & Co. Inc. IL purchased a new stake in shares of Central Securities in the second quarter valued at approximately $209,000. First Trust Advisors LP purchased a new stake in shares of Central Securities in the third quarter valued at approximately $228,000. Quad Cities Investment Group LLC boosted its stake in shares of Central Securities by 63.5% in the third quarter. Quad Cities Investment Group LLC now owns 14,224 shares of the company’s stock valued at $421,000 after buying an additional 5,525 shares in the last quarter. Finally, Chicago Capital LLC purchased a new stake in shares of Central Securities in the third quarter valued at approximately $523,000.

CET traded down $0.16 during trading on Friday, reaching $26.03. 3,161 shares of the stock were exchanged, compared to its average volume of 24,204. Central Securities Corp. has a 1 year low of $25.72 and a 1 year high of $30.12.

The business also recently declared a semiannual dividend, which will be paid on Thursday, December 20th. Shareholders of record on Tuesday, November 13th will be paid a $1.20 dividend. This is an increase from Central Securities’s previous semiannual dividend of $0.80. This represents a yield of 8.73%. The ex-dividend date of this dividend is Friday, November 9th.

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Central Securities Profile

Central Securities Corp. is a publicly owned self managed investment trust. The firm invests in the public equity markets of the United States. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.

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Institutional Ownership by Quarter for Central Securities (NYSEAMERICAN:CET)

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