Quantbot Technologies LP Has $1.25 Million Stock Holdings in Century Communities, Inc. (NYSE:CCS)

Quantbot Technologies LP decreased its stake in shares of Century Communities, Inc. (NYSE:CCS) by 65.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,156 shares of the construction company’s stock after selling 22,633 shares during the period. Quantbot Technologies LP’s holdings in Century Communities were worth $1,252,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its position in shares of Century Communities by 11.2% during the second quarter. Signaturefd LLC now owns 1,138 shares of the construction company’s stock worth $93,000 after purchasing an additional 115 shares in the last quarter. GAMMA Investing LLC boosted its position in Century Communities by 37.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,050 shares of the construction company’s stock valued at $108,000 after buying an additional 287 shares during the last quarter. Daiwa Securities Group Inc. bought a new position in Century Communities in the 3rd quarter valued at $144,000. Innealta Capital LLC acquired a new stake in shares of Century Communities in the 2nd quarter valued at $162,000. Finally, nVerses Capital LLC raised its position in shares of Century Communities by 100.0% during the second quarter. nVerses Capital LLC now owns 2,200 shares of the construction company’s stock worth $180,000 after acquiring an additional 1,100 shares during the last quarter. Institutional investors own 99.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wedbush lifted their price objective on Century Communities from $90.00 to $96.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. B. Riley reiterated a “buy” rating and set a $119.00 price target (up previously from $113.00) on shares of Century Communities in a research report on Thursday, October 24th. Finally, StockNews.com upgraded shares of Century Communities from a “sell” rating to a “hold” rating in a report on Wednesday.

Century Communities Trading Down 0.5 %

NYSE:CCS opened at $90.36 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.44. Century Communities, Inc. has a 1-year low of $71.46 and a 1-year high of $108.42. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 9.01 and a beta of 1.87. The business’s 50-day moving average price is $94.00 and its two-hundred day moving average price is $91.82.

Century Communities (NYSE:CCS) last released its quarterly earnings data 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 net margin of 7.44% and a return on equity of 13.79%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the firm earned $2.58 EPS. Century Communities’s quarterly revenue was up 23.7% compared to the same quarter last year. On average, equities analysts expect that Century Communities, Inc. will post 10.95 earnings per share for the current year.

Century Communities Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Wednesday, November 27th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend is Wednesday, November 27th. Century Communities’s dividend payout ratio (DPR) is 10.37%.

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.