Central Securities (NYSEAMERICAN:CET) Director Leo Price Blackford Acquires 204 Shares of Stock

Central Securities Corporation (NYSEAMERICAN:CETGet Free Report) Director Leo Price Blackford purchased 204 shares of Central Securities stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average price of $52.38 per share, with a total value of $10,685.52. Following the acquisition, the director directly owned 48,050 shares of the company’s stock, valued at $2,516,859. This trade represents a 0.43% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Central Securities Price Performance

Shares of NYSEAMERICAN CET opened at $52.45 on Wednesday. The business’s 50 day moving average price is $52.81 and its two-hundred day moving average price is $51.82. Central Securities Corporation has a twelve month low of $47.70 and a twelve month high of $54.65.

Central Securities Dividend Announcement

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

Institutional Investors Weigh In On Central Securities

Several hedge funds have recently added to or reduced their stakes in CET. Assetmark Inc. bought a new position in Central Securities during the fourth quarter worth $35,000. Bank of America Corp DE bought a new position in shares of Central Securities in the second quarter valued at about $64,000. Noble Wealth Management PBC acquired a new stake in shares of Central Securities during the 4th quarter worth about $73,000. Level Four Advisory Services LLC acquired a new stake in shares of Central Securities during the 3rd quarter worth about $212,000. Finally, Williams Jones Wealth Management LLC. bought a new stake in shares of Central Securities during the 3rd quarter worth about $214,000. Institutional investors and hedge funds own 8.68% of the company’s stock.

About Central Securities

(Get Free Report)

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.

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