M&T Bank Corp Sells 901 Shares of Century Communities, Inc. (NYSE:CCS)

M&T Bank Corp reduced its position in Century Communities, Inc. (NYSE:CCSFree Report) by 18.8% during the third quarter, Holdings Channel reports. The institutional investor owned 3,896 shares of the construction company’s stock after selling 901 shares during the quarter. M&T Bank Corp’s holdings in Century Communities were worth $260,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CCS. Benjamin Edwards Inc. boosted its holdings in shares of Century Communities by 77.4% in the 2nd quarter. Benjamin Edwards Inc. now owns 1,471 shares of the construction company’s stock valued at $113,000 after buying an additional 642 shares in the last quarter. Alpha Paradigm Partners LLC bought a new stake in shares of Century Communities in the 3rd quarter valued at about $120,000. State of Wyoming boosted its holdings in shares of Century Communities by 8.6% in the 4th quarter. State of Wyoming now owns 2,596 shares of the construction company’s stock valued at $130,000 after buying an additional 206 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Century Communities by 13.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,743 shares of the construction company’s stock valued at $134,000 after buying an additional 204 shares in the last quarter. Finally, Point72 Hong Kong Ltd boosted its holdings in shares of Century Communities by 125.4% in the 1st quarter. Point72 Hong Kong Ltd now owns 2,527 shares of the construction company’s stock valued at $135,000 after buying an additional 1,406 shares in the last quarter. 88.31% of the stock is currently owned by institutional investors.

Century Communities Stock Performance

Shares of Century Communities stock opened at $88.66 on Wednesday. Century Communities, Inc. has a 52 week low of $56.22 and a 52 week high of $92.14. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $2.82 billion, a P/E ratio of 11.53 and a beta of 1.81. The company has a 50 day moving average price of $83.47 and a 200 day moving average price of $74.48.

Century Communities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Shareholders of record on Wednesday, November 29th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Tuesday, November 28th. Century Communities’s dividend payout ratio is presently 11.96%.

Analysts Set New Price Targets

CCS has been the subject of several research analyst reports. Wedbush lowered shares of Century Communities from an “outperform” rating to a “neutral” rating and set a $81.00 price objective for the company. in a research report on Monday, December 18th. StockNews.com initiated coverage on shares of Century Communities in a research report on Thursday, October 5th. They issued a “hold” rating for the company.

Check Out Our Latest Research Report on CCS

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.

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Institutional Ownership by Quarter for Century Communities (NYSE:CCS)

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