7,169 Shares in Central Garden & Pet (NASDAQ:CENTA) Purchased by Numerai GP LLC

Numerai GP LLC purchased a new stake in Central Garden & Pet (NASDAQ:CENTA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,169 shares of the company’s stock, valued at approximately $237,000.

Other large investors have also recently modified their holdings of the company. Maven Securities LTD bought a new stake in Central Garden & Pet during the fourth quarter worth about $879,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Central Garden & Pet by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,678 shares of the company’s stock valued at $981,000 after buying an additional 1,024 shares in the last quarter. Logan Stone Capital LLC lifted its position in Central Garden & Pet by 56.1% in the 4th quarter. Logan Stone Capital LLC now owns 399,815 shares of the company’s stock worth $13,214,000 after buying an additional 143,668 shares during the last quarter. Gotham Asset Management LLC lifted its position in Central Garden & Pet by 131.0% in the 4th quarter. Gotham Asset Management LLC now owns 16,668 shares of the company’s stock worth $551,000 after buying an additional 9,451 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its stake in Central Garden & Pet by 76.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 175,925 shares of the company’s stock worth $5,814,000 after buying an additional 75,986 shares in the last quarter. Institutional investors own 50.82% of the company’s stock.

Analyst Ratings Changes

CENTA has been the topic of several research reports. JPMorgan Chase & Co. decreased their price target on shares of Central Garden & Pet from $34.00 to $31.00 and set a “neutral” rating on the stock in a research note on Friday, April 11th. Truist Financial reaffirmed a “hold” rating and set a $35.00 target price (down previously from $40.00) on shares of Central Garden & Pet in a report on Wednesday, April 30th. Finally, StockNews.com downgraded shares of Central Garden & Pet from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Central Garden & Pet currently has an average rating of “Hold” and a consensus target price of $33.00.

Central Garden & Pet Stock Up 2.0%

Shares of Central Garden & Pet stock opened at $31.48 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.97 and a current ratio of 3.47. Central Garden & Pet has a 52-week low of $27.70 and a 52-week high of $40.75. The company’s 50 day moving average price is $31.30 and its 200-day moving average price is $31.98. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 17.30 and a beta of 0.68.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.10. Central Garden & Pet had a net margin of 3.77% and a return on equity of 10.08%. The business had revenue of $833.54 million for the quarter, compared to analyst estimates of $876.36 million. Equities research analysts forecast that Central Garden & Pet will post 2.38 EPS for the current year.

About Central Garden & Pet

Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish, and small animals, as well as outdoor cushions.