2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. lifted its stake in shares of Century Communities, Inc. ( NYSE:CCS – Free Report ) by 14.
5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,483 shares of the construction company’s stock after purchasing an additional 21,142 shares during the quarter. Envestnet Asset Management Inc.
owned 0.54% of Century Communities worth $12,213,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors have also added to or reduced their stakes in CCS.
Smartleaf Asset Management LLC boosted its position in Century Communities by 336.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 738 shares of the construction company’s stock valued at $54,000 after buying an additional 569 shares in the last quarter.
Headlands Technologies LLC bought a new position in shares of Century Communities in the 4th quarter valued at $74,000. KBC Group NV boosted its holdings in shares of Century Communities by 44.3% during the 4th 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 in the last quarter. R Squared Ltd bought a new stake in Century Communities during the 4th quarter worth $142,000. Finally, Principal Securities Inc.
grew its position in Century Communities by 27.7% during the 4th quarter. Principal Securities Inc.
now owns 2,122 shares of the construction company’s stock worth $156,000 after acquiring an additional 460 shares during the last quarter. 99.54% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research firms have commented on CCS. Wedbush reiterated a “neutral” rating and issued a $93.00 target price (down from $96.
00) on shares of Century Communities in a research report on Thursday, January 30th. Zelman & Associates upgraded shares of Century Communities to a “hold” rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock.
Based on data from MarketBeat, Century Communities has a consensus rating of “Hold” and a consensus target price of $103.00. Century Communities Stock Up 2.
8 % Shares of CCS opened at $59.55 on Friday. The stock’s 50-day moving average price is $67.
79 and its two-hundred day moving average price is $78.80. Century Communities, Inc.
has a 12 month low of $55.85 and a 12 month high of $108.42.
The company has a market capitalization of $1.83 billion, a PE ratio of 5.73 and a beta of 1.
76. The company has a current ratio of 0.77, a quick ratio of 0.
77 and a debt-to-equity ratio of 0.42. Century Communities ( NYSE:CCS – Get Free Report ) last posted its quarterly earnings data on Wednesday, January 29th.
The construction company reported $3.49 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $0.
33. Century Communities had a return on equity of 14.17% and a net margin of 7.
59%. On average, analysts anticipate that Century Communities, Inc. will post 11.
07 EPS for the current year. Century Communities Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were paid a $0.
29 dividend. This is a positive change from Century Communities’s previous quarterly dividend of $0.26.
This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.95%.
The ex-dividend date was Wednesday, February 26th. Century Communities’s dividend payout ratio is currently 11.15%.
Century Communities 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. Featured Stories 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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