Victory Capital Management Amends Central Garden & Pet Stake
Ticker: CENTA · Form: SC 13G/A · Filed: Feb 6, 2024 · CIK: 887733
| Field | Detail |
|---|---|
| Company | Central Garden & Pet CO (CENTA) |
| Form Type | SC 13G/A |
| Filed Date | Feb 6, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Victory Capital Management still holds Central Garden & Pet stock, signaling continued institutional interest.**
AI Summary
Victory Capital Management Inc. filed an amended SC 13G/A on February 6, 2024, indicating its ownership of Central Garden & Pet Co. common stock as of December 31, 2023. This filing, an amendment to a previous disclosure, shows that Victory Capital Management Inc. continues to hold a significant position in the company. This matters to investors because large institutional holdings can signal confidence in the company's future, potentially influencing stock stability and investor sentiment.
Why It Matters
This filing confirms a major institutional investor, Victory Capital Management Inc., maintains a position in Central Garden & Pet Co., which can be a positive signal for other investors.
Risk Assessment
Risk Level: low — This filing is an update on an existing institutional holding, not a new or significant change, indicating low immediate risk.
Analyst Insight
An investor might view this as a sign of continued institutional confidence in Central Garden & Pet Co., but should still conduct their own due diligence on the company's fundamentals before making investment decisions.
Key Numbers
- 153527205 — CUSIP Number (identifies Central Garden & Pet Co. common stock)
- 13-2700161 — IRS Identification Number (identifies Victory Capital Management Inc.)
Key Players & Entities
- Victory Capital Management Inc. (company) — the reporting person filing the SC 13G/A
- Central Garden & Pet Co. (company) — the issuer whose common stock is being reported
- New York (company) — place of organization for Victory Capital Management Inc.
- December 31, 2023 (date) — the date of the event requiring the filing
- February 6, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- Victory Capital Management Inc. will maintain its position in Central Garden & Pet Co. for the foreseeable future. (Victory Capital Management Inc.) — medium confidence, target: 2025-02-06
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' section.
Who is the reporting person in this filing?
The reporting person is Victory Capital Management Inc., as identified under 'NAMES OF REPORTING PERSONS' and 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VICTORY CAPITAL MANAGEMENT INC'.
What is the subject company (issuer) of the securities mentioned in this filing?
The subject company, or issuer, is Central Garden & Pet Co., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL GARDEN & PET CO' and 'Name of Issuer) Central Graden & Pet Co.'.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as indicated by 'Date of Event which Requires Filing of this Statement) December 31, 2023'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'x Rule 13d-1(b)' checkbox on the cover page.
Filing Stats: 1,006 words · 4 min read · ~3 pages · Grade level 7.2 · Accepted 2024-02-06 10:27:42
Filing Documents
- centralgarden13ga1_123123.htm (SC 13G/A) — 38KB
- 0001040188-24-000009.txt ( ) — 40KB
If this statement is filed
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 2,760.087 (b) Percent of class: 6.71% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 2,760.087 (iv) Shared power to dispose or to direct the disposition of: 0 Instruction . For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Ownership of Five Percent
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial
Ownership of More than
Item 6. Ownership of More than Five Percent on Behalf of Another Person. The clients of Victory Capital Management Inc., including investment companies registered under the Investment Company Act of 1940 and separately managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the class of securities reported herein of . No client has the right to receive or the power to direct the receipt of dividends or the proceeds from the sale of, more than 5% of such class.
Identification and Classification
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution
Item 9. Notice of Dissolution of Group. Not applicable. CUSIP No. 153527205 13G Page 4 of 4 Pages
Certification
Item 10. Certification. (a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. 2/6/2024 Date /s / Barry Garrett Barry Garrett/Chief Compliance Officer