BNP Paribas Financial Markets Has $4.93 Million Position in Century Communities, Inc. (NYSE:CCS)

BNP Paribas Financial Markets lifted its position in Century Communities, Inc. (NYSE:CCS - Free Report) by 60.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,143 shares of the construction company's stock after buying an additional 25,279 shares during the quarter. BNP Paribas Financial Markets owned about 0.22% of Century Communities worth $4,926,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Invesco Ltd. grew its stake in shares of Century Communities by 27.9% in the 4th quarter. Invesco Ltd. now owns 236,201 shares of the construction company's stock valued at $17,328,000 after buying an additional 51,589 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Century Communities by 22.8% in the 4th quarter. JPMorgan Chase & Co. now owns 253,969 shares of the construction company's stock valued at $18,631,000 after buying an additional 47,171 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Century Communities by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 133,860 shares of the construction company's stock valued at $9,820,000 after buying an additional 3,747 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Century Communities by 6.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 527,526 shares of the construction company's stock valued at $38,699,000 after buying an additional 34,046 shares in the last quarter. Finally, Edgestream Partners L.P. grew its stake in shares of Century Communities by 257.7% in the 4th quarter. Edgestream Partners L.P. now owns 64,509 shares of the construction company's stock valued at $4,732,000 after buying an additional 46,477 shares in the last quarter. Institutional investors own 99.54% of the company's stock.

Insider Transactions at Century Communities

In other Century Communities news, Director Elisa Z. Ramirez purchased 1,500 shares of the business's stock in a transaction dated Monday, April 28th. The stock was bought at an average cost of $53.86 per share, for a total transaction of $80,790.00. Following the completion of the acquisition, the director now directly owns 8,481 shares in the company, valued at $456,786.66. This represents a 21.49% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders acquired a total of 2,400 shares of company stock worth $130,426 over the last three months. 11.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

CCS has been the subject of a number of recent analyst reports. Zelman & Associates raised Century Communities to a "hold" rating in a research report on Friday, January 31st. Wedbush decreased their target price on Century Communities from $93.00 to $88.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. One investment 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. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $101.33.

Century Communities Stock Performance

Century Communities stock traded down $1.16 during trading hours on Monday, reaching $55.32. 383,311 shares of the company were exchanged, compared to its average volume of 363,100. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 5.32 and a beta of 1.57. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average of $60.88 and a 200 day moving average of $72.34. Century Communities, Inc. has a 12 month low of $52.41 and a 12 month high of $108.42.

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 analysts' consensus estimates of $1.74 by ($0.38). Century Communities had a return on equity of 14.17% and a net margin of 7.59%. The business had revenue of $903.23 million for the quarter, compared to analyst estimates of $914.20 million. During the same quarter last year, the firm earned $2.22 earnings per share. The firm's quarterly revenue was down 2.1% compared to the same quarter last year. As a group, research analysts anticipate that Century Communities, Inc. will post 11.07 earnings per share for the current year.

Century Communities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be issued a dividend of $0.29 per share. The ex-dividend date is Wednesday, May 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.10%. Century Communities's dividend payout ratio (DPR) is presently 12.01%.

About Century Communities

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.