Boston Advisors LLC cut its position in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 28.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 139,840 shares of the company’s stock after selling 56,043 shares during the period. Boston Advisors LLC owned approximately 0.27% of Central Garden & Pet worth $4,198,000 at the end of the most recent reporting period.
Shares of Central Garden & Pet Company (CENTA) traded up 2.12% during mid-day trading on Friday, reaching $33.17. The company’s stock had a trading volume of 185,732 shares. The company’s 50-day moving average is $31.72 and its 200 day moving average is $32.23. Central Garden & Pet Company has a 12 month low of $21.70 and a 12 month high of $38.17. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 25.02 and a beta of 0.34.
Central Garden & Pet (NASDAQ:CENTA) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. The firm had revenue of $574.59 million during the quarter. Central Garden & Pet had a net margin of 3.49% and a return on equity of 13.66%. On average, equities analysts anticipate that Central Garden & Pet Company will post $1.47 EPS for the current year.
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A number of analysts recently weighed in on CENTA shares. Sidoti upgraded Central Garden & Pet from a “neutral” rating to a “buy” rating in a report on Monday, June 19th. CL King started coverage on Central Garden & Pet in a report on Friday, July 7th. They issued a “buy” rating and a $38.00 price objective for the company.
About Central Garden & Pet
Central Garden & Pet Company is a marketer and producer of branded products and distributor of third party products in the pet and lawn and garden supplies industries in the United States. The Company operates in two segments: Pet segment and the Garden segment. It is a marketer and producer of pet supplies in the United States.
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