1 week Ago By ABMN Staff
JPMorgan Chase & Co. boosted its stake in shares of Century Communities, Inc. ( NYSE:CCS – Free Report ) by 22.
8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 253,969 shares of the construction company’s stock after purchasing an additional 47,171 shares during the period. JPMorgan Chase & Co.
owned about 0.82% of Century Communities worth $18,631,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock.
Illinois Municipal Retirement Fund raised its stake in Century Communities by 2.3% during the 4th quarter. Illinois Municipal Retirement Fund now owns 15,778 shares of the construction company’s stock valued at $1,157,000 after buying an additional 349 shares during the last quarter.
KBC Group NV lifted its holdings in Century Communities by 44.3% in the fourth quarter. KBC Group NV now owns 1,313 shares of the construction company’s stock valued at $96,000 after acquiring an additional 403 shares during the period.
Principal Securities Inc. lifted its holdings in Century Communities by 27.7% in the fourth quarter.
Principal Securities Inc. now owns 2,122 shares of the construction company’s stock valued at $156,000 after acquiring an additional 460 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Century Communities by 336.
7% during the 4th quarter. Smartleaf Asset Management LLC now owns 738 shares of the construction company’s stock valued at $54,000 after purchasing an additional 569 shares during the period. Finally, Park Avenue Securities LLC grew its stake in shares of Century Communities by 26.
3% during the 4th quarter. Park Avenue Securities LLC now owns 4,400 shares of the construction company’s stock valued at $323,000 after purchasing an additional 916 shares during the period. Institutional investors own 99.
54% of the company’s stock. Century Communities Trading Down 3.3 % Shares of CCS stock opened at $59.
28 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.
77 and a current ratio of 0.77. The stock has a fifty day simple moving average of $69.
45 and a two-hundred day simple moving average of $80.13. The firm has a market capitalization of $1.
82 billion, a PE ratio of 5.70 and a beta of 1.76.
Century Communities, Inc. has a 52-week low of $55.85 and a 52-week high of $108.
42. Century Communities Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were given a dividend of $0.
29 per share. The ex-dividend date was Wednesday, February 26th. This represents a $1.
16 annualized dividend and a dividend yield of 1.96%. This is a boost from Century Communities’s previous quarterly dividend of $0.
26. Century Communities’s dividend payout ratio (DPR) is presently 11.15%.
Analysts Set New Price Targets Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. upgraded Century Communities from an “underweight” rating to a “neutral” rating and reduced their price objective for the stock from $110.
00 to $97.00 in a research note on Friday, December 13th. Zelman & Associates upgraded Century Communities to a “hold” rating in a research report on Friday, January 31st.
Finally, Wedbush reaffirmed a “neutral” rating and set a $93.00 price objective (down from $96.00) on shares of Century Communities in a research report on Thursday, January 30th.
One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Century Communities presently has an average rating of “Hold” and an average price target of $103.00.
View Our Latest Stock Report on Century Communities Century Communities Company Profile ( 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. Further Reading Receive News & Ratings for Century Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Communities and related companies with MarketBeat.
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