Renaissance Technologies LLC boosted its holdings in Central Garden & Pet Company (NASDAQ:CENTA) by 3.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,112,900 shares of the company’s stock after purchasing an additional 42,200 shares during the quarter. Renaissance Technologies LLC owned 2.15% of Central Garden & Pet worth $33,409,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Quantbot Technologies LP raised its position in shares of Central Garden & Pet by 24.5% in the 2nd quarter. Quantbot Technologies LP now owns 4,107 shares of the company’s stock valued at $123,000 after buying an additional 807 shares in the last quarter. Pinebridge Investments L.P. raised its position in shares of Central Garden & Pet by 1.4% in the 2nd quarter. Pinebridge Investments L.P. now owns 4,474 shares of the company’s stock valued at $134,000 after buying an additional 61 shares in the last quarter. Trexquant Investment LP acquired a new position in shares of Central Garden & Pet in the 2nd quarter valued at approximately $210,000. AJO LP acquired a new position in shares of Central Garden & Pet in the 2nd quarter valued at approximately $222,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Central Garden & Pet in the 2nd quarter valued at approximately $371,000. Institutional investors and hedge funds own 62.98% of the company’s stock.

Several equities analysts have recently commented on CENTA shares. CL King started coverage on shares of Central Garden & Pet in a research report on Friday, July 7th. They issued a “buy” rating and a $38.00 target price for the company. Sidoti upgraded shares of Central Garden & Pet from a “neutral” rating to a “buy” rating in a research report on Monday, June 19th.

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Central Garden & Pet Company (NASDAQ CENTA) opened at 37.93 on Thursday. The firm has a market capitalization of $1.96 billion, a PE ratio of 28.60 and a beta of 0.33. Central Garden & Pet Company has a 12 month low of $21.70 and a 12 month high of $38.17. The stock has a 50 day moving average of $34.82 and a 200 day moving average of $32.78.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.11. Central Garden & Pet had a net margin of 3.49% and a return on equity of 13.66%. The firm had revenue of $574.59 million for the quarter. On average, equities analysts predict that Central Garden & Pet Company will post $1.47 earnings per share for the current fiscal year.

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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Institutional Ownership by Quarter for Central Garden & Pet (NASDAQ:CENTA)

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