Epoch Investment Partners Inc. Acquires Shares of 564,915 Central Garden & Pet Company (CENTA)

Epoch Investment Partners Inc. bought a new position in Central Garden & Pet Company (NASDAQ:CENTA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 564,915 shares of the company’s stock, valued at approximately $21,010,000. Epoch Investment Partners Inc. owned about 1.09% of Central Garden & Pet as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CENTA. Schwab Charles Investment Management Inc. increased its stake in shares of Central Garden & Pet by 2.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 255,643 shares of the company’s stock valued at $9,508,000 after acquiring an additional 5,946 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Central Garden & Pet during the third quarter valued at approximately $2,294,000. Wells Fargo & Company MN increased its stake in shares of Central Garden & Pet by 141.9% during the third quarter. Wells Fargo & Company MN now owns 60,221 shares of the company’s stock valued at $2,240,000 after acquiring an additional 35,327 shares during the period. Legal & General Group Plc increased its stake in shares of Central Garden & Pet by 3.4% during the third quarter. Legal & General Group Plc now owns 66,789 shares of the company’s stock valued at $2,482,000 after acquiring an additional 2,187 shares during the period. Finally, Nordea Investment Management AB grew its position in Central Garden & Pet by 2.8% in the third quarter. Nordea Investment Management AB now owns 220,200 shares of the company’s stock worth $8,189,000 after buying an additional 6,100 shares during the last quarter. 62.79% of the stock is currently owned by institutional investors.

Central Garden & Pet Company (NASDAQ CENTA) traded down $0.31 during mid-day trading on Friday, hitting $37.71. 105,566 shares of the company traded hands, compared to its average volume of 224,392. The firm has a market cap of $1,950.00, a price-to-earnings ratio of 24.81 and a beta of 0.28. Central Garden & Pet Company has a 1-year low of $28.12 and a 1-year high of $41.34. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.37 and a current ratio of 3.10.

Central Garden & Pet (NASDAQ:CENTA) last announced its earnings results on Tuesday, November 28th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.06 by $0.02. The firm had revenue of $490.46 million for the quarter. Central Garden & Pet had a net margin of 3.84% and a return on equity of 12.81%. During the same quarter last year, the business earned $0.13 EPS. sell-side analysts anticipate that Central Garden & Pet Company will post 1.62 earnings per share for the current fiscal year.

Several research analysts have issued reports on CENTA shares. Monness Crespi & Hardt began coverage on shares of Central Garden & Pet in a research report on Friday, October 20th. They issued a “buy” rating and a $44.00 price target on the stock. CL King reiterated a “buy” rating and set a $47.00 price objective on shares of Central Garden & Pet in a research report on Friday, December 8th. Finally, Sidoti cut shares of Central Garden & Pet from a “buy” rating to a “neutral” rating in a research report on Monday, October 16th.

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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.

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

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