Jackson Creek Investment Advisors LLC Sells 549 Shares of Century Communities, Inc. (NYSE:CCS)

Jackson Creek Investment Advisors LLC decreased its position in shares of Century Communities, Inc. (NYSE:CCS) by 3.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 17,598 shares of the construction company’s stock after selling 549 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in Century Communities were worth $1,291,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Quest Partners LLC raised its position in shares of Century Communities by 314.1% during the 3rd quarter. Quest Partners LLC now owns 14,274 shares of the construction company’s stock valued at $1,470,000 after purchasing an additional 10,827 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Century Communities by 5.3% in the third quarter. JPMorgan Chase & Co. now owns 206,798 shares of the construction company’s stock valued at $21,296,000 after acquiring an additional 10,453 shares in the last quarter. HighTower Advisors LLC purchased a new position in shares of Century Communities in the third quarter valued at about $543,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Century Communities in the third quarter worth about $711,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Century Communities during the third quarter worth about $1,771,000. Hedge funds and other institutional investors own 99.54% of the company’s stock.

Century Communities Stock Down 0.8 %

Shares of CCS opened at $71.78 on Friday. The business’s 50 day simple moving average is $73.54 and its 200-day simple moving average is $86.13. Century Communities, Inc. has a 1 year low of $66.71 and a 1 year high of $108.42. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 6.90 and a beta of 1.92.

Century Communities (NYSE:CCS) last released its quarterly earnings data on Wednesday, January 29th. The construction company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.16 by $0.33. Century Communities had a net margin of 7.59% and a return on equity of 14.17%. As a group, equities analysts expect that Century Communities, Inc. will post 11.07 earnings per share for the current fiscal year.

Century Communities Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be given a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $1.16 annualized dividend and a yield of 1.62%. This is a positive change from Century Communities’s previous quarterly dividend of $0.26. Century Communities’s dividend payout ratio (DPR) is currently 11.15%.

Analyst Ratings Changes

Several research firms have weighed in on CCS. StockNews.com downgraded Century Communities from a “hold” rating to a “sell” rating in a research note on Thursday, December 5th. Zelman & Associates upgraded shares of Century Communities to a “hold” rating in a research report on Friday, January 31st. Wedbush reiterated a “neutral” rating and issued a $93.00 price target (down from $96.00) on shares of Century Communities in a report on Thursday, January 30th. Finally, JPMorgan Chase & Co. raised shares of Century Communities from an “underweight” rating to a “neutral” rating and dropped their price objective for the company from $110.00 to $97.00 in a report on Friday, December 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $103.00.

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.