Vest Financial LLC Purchases 559 Shares of Century Communities, Inc. (NYSE:CCS)

Vest Financial LLC grew its holdings in Century Communities, Inc. (NYSE:CCS) by 4.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,280 shares of the construction company’s stock after acquiring an additional 559 shares during the quarter. Vest Financial LLC’s holdings in Century Communities were worth $1,471,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Covestor Ltd raised its stake in Century Communities by 95.0% in the 1st quarter. Covestor Ltd now owns 273 shares of the construction company’s stock worth $26,000 after purchasing an additional 133 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Century Communities during the 1st quarter worth approximately $57,000. GAMMA Investing LLC increased its holdings in shares of Century Communities by 42.5% during the first quarter. GAMMA Investing LLC now owns 906 shares of the construction company’s stock worth $87,000 after purchasing an additional 270 shares during the period. Signaturefd LLC raised its position in shares of Century Communities by 11.2% in 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 stake in shares of Century Communities in the second quarter valued at approximately $162,000. Institutional investors own 99.54% of the company’s stock.

Insider Activity at Century Communities

In other Century Communities news, 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 approximately $44,275,527.84. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Century Communities news, CEO Robert J. Francescon sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $92.64, for a total value of $4,632,000.00. Following the sale, the chief executive officer now owns 477,931 shares in the company, valued at $44,275,527.84. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director John P. Box sold 11,282 shares of the company’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $100.07, for a total transaction of $1,128,989.74. Following the transaction, the director now owns 45,127 shares of the company’s stock, valued at $4,515,858.89. This trade 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 insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CCS. Wedbush increased their price target on Century Communities from $82.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday, July 25th. B. Riley increased their target price on Century Communities from $110.00 to $113.00 and gave the stock a “buy” rating in a report on Thursday, July 25th.

Century Communities Price Performance

Shares of NYSE:CCS opened at $102.90 on Monday. The firm has a 50 day moving average of $99.05 and a 200-day moving average of $90.43. Century Communities, Inc. has a 12 month low of $58.01 and a 12 month high of $108.42. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $3.27 billion, a PE ratio of 11.42 and a beta of 1.85.

Century Communities (NYSE:CCS) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported $2.65 EPS for the quarter, beating 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 business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the business earned $1.60 earnings per share. The company’s revenue was up 24.3% on a year-over-year basis. On average, equities research analysts predict that Century Communities, Inc. will post 10.98 EPS for the current fiscal year.

Century Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, August 28th were given a dividend of $0.26 per share. The ex-dividend date 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%.

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.