33,900 Shares in Century Communities, Inc. (NYSE:CCS) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in shares of Century Communities, Inc. (NYSE:CCS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,900 shares of the construction company's stock, valued at approximately $2,487,000. Jefferies Financial Group Inc. owned about 0.11% of Century Communities as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its position in Century Communities by 8.5% during the 3rd quarter. Barclays PLC now owns 76,114 shares of the construction company's stock worth $7,837,000 after acquiring an additional 5,981 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of Century Communities by 24.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 11,548 shares of the construction company's stock valued at $847,000 after purchasing an additional 2,269 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Century Communities by 26.3% during the 4th quarter. Park Avenue Securities LLC now owns 4,400 shares of the construction company's stock valued at $323,000 after buying an additional 916 shares during the last quarter. KBC Group NV grew its position in shares of Century Communities by 44.3% during the fourth quarter. KBC Group NV now owns 1,313 shares of the construction company's stock worth $96,000 after buying an additional 403 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Century Communities in the fourth quarter worth $142,000. 99.54% of the stock is owned by hedge funds and other institutional investors.

Century Communities Price Performance

CCS traded down $1.08 during trading on Monday, reaching $55.40. The stock had a trading volume of 35,658 shares, compared to its average volume of 361,755. Century Communities, Inc. has a 1-year low of $52.41 and a 1-year high of $108.42. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 5.32 and a beta of 1.57. The stock has a 50 day moving average of $61.14 and a two-hundred day moving average of $72.58. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.42.

Century Communities (NYSE:CCS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The construction company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.38). The business had revenue of $903.23 million during the quarter, compared to the consensus estimate of $914.20 million. Century Communities had a return on equity of 14.17% and a net margin of 7.59%. Century Communities's revenue was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.22 earnings per share. As a group, equities analysts anticipate that Century Communities, Inc. will post 11.07 EPS for the current fiscal year.

Century Communities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Wednesday, May 28th. Century Communities's dividend payout ratio is currently 12.01%.

Insider Activity at Century Communities

In related news, Director Elisa Z. Ramirez bought 500 shares of the firm's stock in a transaction on Friday, May 9th. The stock was bought at an average price of $54.68 per share, with a total value of $27,340.00. Following the purchase, the director now directly owns 8,981 shares of the company's stock, valued at approximately $491,081.08. This represents a 5.90% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have purchased 2,400 shares of company stock valued at $130,426. Corporate insiders own 11.90% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Zelman & Associates raised shares of Century Communities to a "hold" rating in a research report on Friday, January 31st. Wedbush decreased their price target on shares of Century Communities from $93.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $101.33.

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.