ZWJ Investment Counsel Inc. Makes New $217,000 Investment in Century Communities, Inc. (NYSE:CCS)

ZWJ Investment Counsel Inc. acquired a new stake in Century Communities, Inc. (NYSE:CCS) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,105 shares of the construction company’s stock, valued at approximately $217,000.

Other large investors also recently modified their holdings of the company. Covestor Ltd increased its position in shares of Century Communities by 95.0% in the 1st quarter. Covestor Ltd now owns 273 shares of the construction company’s stock valued at $26,000 after purchasing an additional 133 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Century Communities in the 1st quarter valued at $57,000. GAMMA Investing LLC grew its position in shares of Century Communities by 42.5% in the 1st quarter. GAMMA Investing LLC now owns 906 shares of the construction company’s stock valued at $87,000 after buying an additional 270 shares during the last quarter. Signaturefd LLC grew its position in shares of Century Communities by 11.2% in the 2nd quarter. Signaturefd LLC now owns 1,138 shares of the construction company’s stock valued at $93,000 after buying an additional 115 shares during the last quarter. Finally, Innealta Capital LLC purchased a new position in shares of Century Communities in the 2nd quarter valued at $162,000. 99.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director John P. Box sold 11,282 shares of the firm’s stock in a transaction on 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 sale, the director now owns 45,127 shares in the company, valued at approximately $4,515,858.89. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director John P. Box sold 11,282 shares of the firm’s stock in a transaction on 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 sale, the director now owns 45,127 shares in the company, valued at approximately $4,515,858.89. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert J. Francescon sold 50,000 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now owns 477,931 shares of the company’s stock, valued at $44,275,527.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 11.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

Century Communities Stock Down 2.0 %

Shares of NYSE:CCS opened at $101.50 on Friday. The stock has a market cap of $3.23 billion, a P/E ratio of 11.27 and a beta of 1.85. The firm has a fifty day moving average price of $98.82 and a 200 day moving average price of $90.36. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.90. Century Communities, Inc. has a 1-year low of $58.01 and a 1-year high of $108.42.

Century Communities (NYSE:CCS) last issued its quarterly earnings results on Wednesday, July 24th. The construction company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.19. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Century Communities had a net margin of 7.90% and a return on equity of 14.00%. Century Communities’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.60 EPS. Sell-side analysts predict that Century Communities, Inc. will post 10.98 EPS for the current year.

Century Communities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 11th. Investors of record on Wednesday, August 28th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Wednesday, August 28th. Century Communities’s dividend payout ratio is currently 11.54%.

Century Communities 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.