Joel Isaacson & Co. LLC Has $632,000 Holdings in Central Securities Co. $CET

Joel Isaacson & Co. LLC cut its holdings in Central Securities Co. (NYSE:CET) by 12.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,210 shares of the company’s stock after selling 1,860 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Central Securities were worth $632,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its stake in Central Securities by 763.5% in the first quarter. Farther Finance Advisors LLC now owns 639 shares of the company’s stock valued at $29,000 after buying an additional 565 shares during the period. NBC Securities Inc. acquired a new position in Central Securities in the first quarter valued at approximately $42,000. Ameritas Advisory Services LLC acquired a new position in Central Securities in the second quarter valued at approximately $63,000. Stolper Co acquired a new position in Central Securities in the second quarter valued at approximately $208,000. Finally, Park Avenue Securities LLC acquired a new position in Central Securities in the second quarter valued at approximately $283,000. 8.68% of the stock is owned by institutional investors and hedge funds.

Central Securities Price Performance

Shares of CET opened at $51.73 on Wednesday. Central Securities Co. has a 52-week low of $40.24 and a 52-week high of $52.42. The business’s 50 day moving average price is $50.15 and its two-hundred day moving average price is $47.41.

Central Securities Company 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.