Barclays PLC Purchases 65,685 Shares of Century Communities, Inc. (NYSE:CCS)

Barclays PLC boosted its position in Century Communities, Inc. (NYSE:CCS - Free Report) by 86.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 141,799 shares of the construction company's stock after buying an additional 65,685 shares during the quarter. Barclays PLC owned approximately 0.46% of Century Communities worth $10,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Smartleaf Asset Management LLC increased its position in Century Communities by 336.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 738 shares of the construction company's stock worth $54,000 after buying an additional 569 shares during the last quarter. Sterling Capital Management LLC grew its position in shares of Century Communities by 800.0% in the fourth quarter. Sterling Capital Management LLC now owns 774 shares of the construction company's stock valued at $57,000 after purchasing an additional 688 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Century Communities in the fourth quarter valued at $74,000. KBC Group NV grew its position in shares of Century Communities by 44.3% in the fourth quarter. KBC Group NV now owns 1,313 shares of the construction company's stock valued at $96,000 after purchasing an additional 403 shares in the last quarter. Finally, R Squared Ltd purchased a new position in shares of Century Communities in the fourth quarter valued at $142,000. 99.54% of the stock is owned by hedge funds and other institutional investors.

Century Communities Price Performance

NYSE:CCS traded down $1.57 during trading hours on Monday, hitting $54.02. 732,870 shares of the company's stock traded hands, compared to its average volume of 358,119. The firm has a market cap of $1.66 billion, a P/E ratio of 5.19 and a beta of 1.76. Century Communities, Inc. has a 52 week low of $53.59 and a 52 week high of $108.42. The business's fifty day simple moving average is $65.66 and its two-hundred day simple moving average is $76.52. 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 announced its quarterly earnings data on Wednesday, April 23rd. The construction company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.74 by ($0.38). The firm had revenue of $903.23 million for the quarter, compared to analysts' expectations of $914.20 million. Century Communities had a net margin of 7.59% and a return on equity of 14.17%. The business's quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.22 earnings per share. On average, research analysts anticipate that Century Communities, Inc. will post 11.07 earnings per share for the current fiscal year.

Century Communities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th were given a dividend of $0.29 per share. This is a boost from Century Communities's previous quarterly dividend of $0.26. This represents a $1.16 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend was Wednesday, February 26th. Century Communities's dividend payout ratio (DPR) is presently 12.01%.

Analyst Ratings Changes

Several brokerages have recently weighed in on CCS. Zelman & Associates upgraded Century Communities to a "hold" rating in a research report on Friday, January 31st. Wedbush reduced their price target on Century Communities from $93.00 to $88.00 and set a "neutral" rating for the company in a research report on Thursday. 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. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $101.33.

Century Communities Company 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.