Andrew J. O’neill Purchases 1,309 Shares of Central Securities Co. (NYSE:CET) Stock

Central Securities Co. (NYSE:CET) VP Andrew J. O’neill acquired 1,309 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was bought at an average cost of $45.65 per share, for a total transaction of $59,755.85. Following the completion of the purchase, the vice president now owns 88,146 shares of the company’s stock, valued at $4,023,864.90. This trade represents a 1.51 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Central Securities Stock Down 0.1 %

Central Securities stock traded down $0.05 during mid-day trading on Wednesday, hitting $45.55. 6,740 shares of the stock were exchanged, compared to its average volume of 31,048. The firm’s fifty day simple moving average is $46.78 and its two-hundred day simple moving average is $45.44. Central Securities Co. has a 12 month low of $36.89 and a 12 month high of $49.51.

Central Securities Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, December 20th. Investors of record on Friday, November 15th were issued a $2.05 dividend. This is a positive change from Central Securities’s previous semi-annual dividend of $0.20. The ex-dividend date was Friday, November 15th. This represents a yield of 1.3%.

Institutional Trading of Central Securities

A number of institutional investors have recently bought and sold shares of CET. Neville Rodie & Shaw Inc. raised its position in shares of Central Securities by 54.5% in the 4th quarter. Neville Rodie & Shaw Inc. now owns 17,000 shares of the company’s stock worth $777,000 after acquiring an additional 6,000 shares in the last quarter. Stifel Financial Corp grew its stake in Central Securities by 4.1% during the third quarter. Stifel Financial Corp now owns 22,280 shares of the company’s stock worth $1,021,000 after purchasing an additional 880 shares during the period. HighTower Advisors LLC increased its holdings in Central Securities by 5.8% in the third quarter. HighTower Advisors LLC now owns 34,258 shares of the company’s stock worth $1,570,000 after purchasing an additional 1,879 shares in the last quarter. Douglass Winthrop Advisors LLC acquired a new position in Central Securities in the third quarter valued at approximately $2,490,000. Finally, Smithfield Trust Co bought a new position in shares of Central Securities during the 3rd quarter worth approximately $203,000. Institutional investors own 8.68% of the company’s stock.

About Central Securities

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.