Signaturefd LLC Purchases 161 Shares of Century Communities, Inc. (NYSE:CCS)

Signaturefd LLC increased its position in Century Communities, Inc. (NYSE:CCS) by 14.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,299 shares of the construction company’s stock after purchasing an additional 161 shares during the period. Signaturefd LLC’s holdings in Century Communities were worth $134,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CCS. Vanguard Group Inc. raised its position in Century Communities by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 2,020,013 shares of the construction company’s stock worth $184,104,000 after buying an additional 29,989 shares during the last quarter. BNP Paribas Financial Markets raised its position in Century Communities by 48.6% in the 1st quarter. BNP Paribas Financial Markets now owns 22,653 shares of the construction company’s stock worth $2,186,000 after buying an additional 7,407 shares during the last quarter. Daiwa Securities Group Inc. raised its position in Century Communities by 700.0% in the 1st quarter. Daiwa Securities Group Inc. now owns 3,200 shares of the construction company’s stock worth $309,000 after buying an additional 2,800 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Century Communities in the 1st quarter worth about $57,000. Finally, Essex Investment Management Co. LLC raised its position in Century Communities by 0.5% in the 1st quarter. Essex Investment Management Co. LLC now owns 28,174 shares of the construction company’s stock worth $2,719,000 after buying an additional 151 shares during the last quarter. Institutional investors own 99.54% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on CCS. Wedbush increased their target price on Century Communities from $90.00 to $96.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. B. Riley restated a “buy” rating and issued a $119.00 price target (up from $113.00) on shares of Century Communities in a research report on Thursday, October 24th.

Century Communities Stock Up 1.1 %

NYSE:CCS opened at $91.34 on Tuesday. Century Communities, Inc. has a twelve month low of $60.54 and a twelve month high of $108.42. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 10.12 and a beta of 1.85. The stock has a fifty day simple moving average of $99.15 and a 200-day simple moving average of $90.63. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.44.

Century Communities (NYSE:CCS) last released its earnings results on Wednesday, October 23rd. The construction company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.16. Century Communities had a return on equity of 14.00% and a net margin of 7.90%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the company earned $2.58 earnings per share. The business’s revenue for the quarter was up 23.7% compared to the same quarter last year. Analysts anticipate that Century Communities, Inc. will post 10.98 EPS for the current year.

Century Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, August 28th were issued a $0.26 dividend. The ex-dividend date was Wednesday, August 28th. This represents a $1.04 annualized dividend and a dividend yield of 1.14%. Century Communities’s payout ratio is currently 11.54%.

Insider Activity at Century Communities

In related news, CEO Robert J. Francescon sold 50,000 shares of Century Communities stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $92.64, for a total value of $4,632,000.00. Following the completion of the sale, the chief executive officer now directly owns 477,931 shares in the company, valued at $44,275,527.84. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Century Communities news, Director John P. Box sold 11,282 shares of the business’s 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 in the company, valued at approximately $4,515,858.89. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Robert J. Francescon sold 50,000 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $92.64, for a total transaction of $4,632,000.00. Following the completion of the transaction, the chief executive officer now owns 477,931 shares of the company’s stock, valued at $44,275,527.84. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.90% of the stock is currently owned by corporate insiders.

Century Communities Company Profile

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.