Epoch Investment Partners Inc. purchased a new position in shares of Central Garden & Pet Company (NASDAQ:CENTA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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.

Other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. raised its stake in shares of Central Garden & Pet by 141.6% in the third quarter. Principal Financial Group Inc. now owns 666,520 shares of the company’s stock valued at $24,788,000 after purchasing an additional 390,600 shares in the last quarter. FMR LLC raised its stake in shares of Central Garden & Pet by 27.7% in the second quarter. FMR LLC now owns 1,598,246 shares of the company’s stock valued at $47,979,000 after purchasing an additional 346,336 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Central Garden & Pet by 4.5% in the second quarter. Vanguard Group Inc. now owns 3,319,441 shares of the company’s stock valued at $99,650,000 after purchasing an additional 143,550 shares in the last quarter. Eaton Vance Management raised its stake in shares of Central Garden & Pet by 94.7% in the second quarter. Eaton Vance Management now owns 158,065 shares of the company’s stock valued at $4,745,000 after purchasing an additional 76,865 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its position in Central Garden & Pet by 23.3% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 370,700 shares of the company’s stock valued at $13,786,000 after acquiring an additional 70,100 shares during the period. Institutional investors own 62.88% of the company’s stock.

A number of analysts have weighed in on the company. Sidoti cut Central Garden & Pet from a “buy” rating to a “neutral” rating in a research report on Monday, October 16th. Monness Crespi & Hardt assumed coverage on 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.

Shares of Central Garden & Pet Company (NASDAQ CENTA) opened at $39.95 on Thursday. Central Garden & Pet Company has a 1 year low of $28.12 and a 1 year high of $41.34. The firm has a market capitalization of $2,067.85, a price-to-earnings ratio of 26.81 and a beta of 0.28. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.10 and a quick ratio of 1.37.

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

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Central Garden & Pet Company Profile

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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