Leo Price Blackford Buys 204 Shares of Central Securities (NYSEAMERICAN:CET) Stock

Central Securities Corporation (NYSEAMERICAN:CET) Director Leo Price Blackford bought 204 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of $52.38 per share, for a total transaction of $10,685.52. Following the transaction, the director directly owned 48,050 shares of the company’s stock, valued at $2,516,859. This trade represents a 0.43% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Central Securities Trading Up 0.9%

NYSEAMERICAN:CET opened at $52.94 on Thursday. Central Securities Corporation has a one year low of $47.76 and a one year high of $54.65. The company has a fifty day moving average price of $52.82 and a 200 day moving average price of $51.84.

Central Securities Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, June 12th. This represents a dividend yield of 117.0%.

Institutional Investors Weigh In On Central Securities

Several hedge funds have recently made changes to their positions in the stock. Assetmark Inc. bought a new position in Central Securities during the fourth quarter valued at about $35,000. Bank of America Corp DE bought a new stake in shares of Central Securities in the 2nd quarter worth approximately $64,000. Noble Wealth Management PBC acquired a new stake in shares of Central Securities during the 4th quarter worth approximately $73,000. Level Four Advisory Services LLC acquired a new stake in shares of Central Securities during the 3rd quarter worth approximately $212,000. Finally, Williams Jones Wealth Management LLC. bought a new stake in shares of Central Securities during the third quarter valued at approximately $214,000. Institutional investors own 8.68% of the company’s stock.

About Central Securities

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. Central Securities Corp. was founded on October 1, 1929 and is based in New York City.