Roberts Glore & Co. Inc. IL Has $1.59 Million Holdings in Central Securities Co. (NYSE:CET)

Roberts Glore & Co. Inc. IL boosted its holdings in shares of Central Securities Co. (NYSE:CET) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 34,691 shares of the company’s stock after acquiring an additional 970 shares during the quarter. Roberts Glore & Co. Inc. IL’s holdings in Central Securities were worth $1,585,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CET. Armstrong Advisory Group Inc. acquired a new position in shares of Central Securities in the fourth quarter valued at approximately $25,000. Smithfield Trust Co acquired a new position in shares of Central Securities in the third quarter valued at approximately $203,000. Stolper Co acquired a new position in shares of Central Securities in the fourth quarter valued at approximately $203,000. Confluence Wealth Services Inc. grew its position in shares of Central Securities by 4.3% in the fourth quarter. Confluence Wealth Services Inc. now owns 6,203 shares of the company’s stock valued at $294,000 after purchasing an additional 254 shares during the last quarter. Finally, Quad Cities Investment Group LLC grew its position in shares of Central Securities by 4.3% in the fourth quarter. Quad Cities Investment Group LLC now owns 6,894 shares of the company’s stock valued at $315,000 after purchasing an additional 286 shares during the last quarter. Institutional investors and hedge funds own 8.68% of the company’s stock.

Insider Activity

In related news, CEO John C. Hill purchased 700 shares of Central Securities stock in a transaction that occurred on Monday, January 6th. The shares were acquired at an average price of $45.87 per share, with a total value of $32,109.00. Following the completion of the transaction, the chief executive officer now directly owns 72,992 shares of the company’s stock, valued at $3,348,143.04. This represents a 0.97 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Andrew J. O’neill purchased 1,309 shares of Central Securities stock in a transaction that occurred on Monday, January 6th. The shares were bought at an average cost of $45.65 per share, for a total transaction of $59,755.85. Following the transaction, the vice president now directly owns 88,146 shares of the company’s stock, valued at $4,023,864.90. This represents a 1.51 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 9.50% of the stock is owned by company insiders.

Central Securities Stock Down 0.5 %

Central Securities stock opened at $45.60 on Friday. Central Securities Co. has a 12 month low of $39.35 and a 12 month high of $49.51. The stock’s 50 day moving average is $46.76 and its 200-day moving average is $46.39.

Central Securities 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.