2 weeks Ago By ABMN Staff
Century Communities, Inc. ( NYSE:CCS – Get Free Report ) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,450,000 shares, an increase of 22.
9% from the August 31st total of 1,180,000 shares. Approximately 5.2% of the shares of the company are sold short.
Based on an average daily volume of 321,800 shares, the short-interest ratio is presently 4.5 days. Insider Buying and Selling at Century Communities In other news, Director John P.
Box sold 11,282 shares of Century Communities stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $100.07, for a total value of $1,128,989.
74. Following the completion of the transaction, the director now directly owns 45,127 shares of the company’s stock, valued at approximately $4,515,858.89.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . In other Century Communities news, Director John P. Box sold 11,282 shares of the stock in a transaction on Friday, August 30th.
The stock was sold at an average price of $100.07, for a total value of $1,128,989.74.
Following the sale, the director now directly owns 45,127 shares of the company’s stock, valued at $4,515,858.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .
Also, CEO Robert J. Francescon sold 50,000 shares of Century Communities stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $92.
64, for a total transaction of $4,632,000.00. Following the completion of the sale, the chief executive officer now owns 477,931 shares in the company, valued at $44,275,527.
84. The disclosure for this sale can be found here . 11.
90% of the stock is owned by insiders. Institutional Investors Weigh In On Century Communities Several large investors have recently modified their holdings of the stock. Covestor Ltd lifted its holdings in shares of Century Communities by 95.
0% during the first quarter. Covestor Ltd now owns 273 shares of the construction company’s stock valued at $26,000 after purchasing an additional 133 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Century Communities during the 1st quarter worth about $57,000.
GAMMA Investing LLC lifted its stake in Century Communities by 42.5% during the first quarter. GAMMA Investing LLC now owns 906 shares of the construction company’s stock valued at $87,000 after buying an additional 270 shares in the last quarter.
Signaturefd LLC lifted its stake in Century Communities by 11.2% during the second quarter. Signaturefd LLC now owns 1,138 shares of the construction company’s stock valued at $93,000 after buying an additional 115 shares in the last quarter.
Finally, Innealta Capital LLC acquired a new position in shares of Century Communities in the second quarter worth about $162,000. 99.54% of the stock is owned by institutional investors.
Century Communities Price Performance Century Communities ( NYSE:CCS – Get Free Report ) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.
46 by $0.19. Century Communities had a net margin of 7.
90% and a return on equity of 14.00%. The company had revenue of $1.
02 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the company posted $1.
60 EPS. The business’s revenue was up 24.3% compared to the same quarter last year.
Equities analysts forecast that Century Communities will post 10.98 earnings per share for the current year. Century Communities Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, September 11th.
Shareholders of record on Wednesday, August 28th were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, August 28th.
This represents a $1.04 annualized dividend and a dividend yield of 1.01%.
Century Communities’s dividend payout ratio is currently 11.54%. Analysts Set New Price Targets A number of equities analysts recently issued reports on the stock.
Wedbush increased their target price on shares of Century Communities from $82.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th.
B. Riley raised their price objective on shares of Century Communities from $110.00 to $113.
00 and gave the company a “buy” rating in a research note on Thursday, July 25th. Get Our Latest Analysis on Century Communities About Century Communities ( Get Free Report ) Century Communities, Inc, together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its homebuyers.
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