PPT vs. CET, QQQX, GAM, MUC, MFIC, SLRC, MQY, HQH, MYI, and PHK
Should you be buying Putnam Premier Income Trust stock or one of its competitors? The main competitors of Putnam Premier Income Trust include Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), BlackRock MuniHoldings California Quality Fund (MUC), MidCap Financial Investment (MFIC), SLR Investment (SLRC), BlackRock MuniYield Quality Fund (MQY), Abrdn Healthcare Investors (HQH), BlackRock MuniYield Quality Fund III (MYI), and PIMCO High Income Fund (PHK). These companies are all part of the "investment offices, not elsewhere classified" industry.
Central Securities (NYSE:CET) and Putnam Premier Income Trust (NYSE:PPT) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, media sentiment, earnings, dividends, profitability, community ranking and risk.
Putnam Premier Income Trust received 141 more outperform votes than Central Securities when rated by MarketBeat users.
Central Securities pays an annual dividend of $1.85 per share and has a dividend yield of 4.3%. Putnam Premier Income Trust pays an annual dividend of $0.31 per share and has a dividend yield of 8.9%. Putnam Premier Income Trust has increased its dividend for 1 consecutive years. Putnam Premier Income Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Central Securities has a beta of 0.86, suggesting that its stock price is 14% less volatile than the S&P 500. Comparatively, Putnam Premier Income Trust has a beta of 0.35, suggesting that its stock price is 65% less volatile than the S&P 500.
In the previous week, Central Securities had 2 more articles in the media than Putnam Premier Income Trust. MarketBeat recorded 2 mentions for Central Securities and 0 mentions for Putnam Premier Income Trust. Putnam Premier Income Trust's average media sentiment score of 0.86 beat Central Securities' score of 0.00 indicating that Central Securities is being referred to more favorably in the media.
8.7% of Central Securities shares are owned by institutional investors. Comparatively, 42.8% of Putnam Premier Income Trust shares are owned by institutional investors. 10.3% of Central Securities shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Central Securities and Putnam Premier Income Trust tied by winning 4 of the 8 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PPT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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