Caption Management LLC Purchases Shares of 7,427 Century Communities, Inc. (NYSE:CCS)

Caption Management LLC acquired a new position in shares of Century Communities, Inc. (NYSE:CCS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,427 shares of the construction company's stock, valued at approximately $545,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its stake in shares of Century Communities by 336.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 738 shares of the construction company's stock valued at $54,000 after purchasing an additional 569 shares during the period. Sterling Capital Management LLC lifted its stake in Century Communities by 800.0% in the 4th quarter. Sterling Capital Management LLC now owns 774 shares of the construction company's stock valued at $57,000 after acquiring an additional 688 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Century Communities during the 4th quarter worth approximately $74,000. KBC Group NV raised its holdings 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 during the last quarter. Finally, R Squared Ltd acquired a new position in Century Communities during the fourth quarter worth $142,000. 99.54% of the stock is owned by institutional investors.

Century Communities Stock Performance

Shares of CCS stock opened at $53.19 on Wednesday. The stock has a market cap of $1.62 billion, a P/E ratio of 5.11 and a beta of 1.57. The company has a fifty day moving average price of $63.56 and a two-hundred day moving average price of $74.73. Century Communities, Inc. has a one year low of $52.41 and a one 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.

Century Communities (NYSE:CCS - Get Free Report) last posted 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). The business had revenue of $903.23 million for 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%. The company's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.22 EPS. As a group, equities analysts predict that Century Communities, Inc. will post 11.07 EPS for the current year.

Wall Street Analyst Weigh In

CCS has been the topic of several analyst reports. Zelman & Associates raised shares of Century Communities to a "hold" rating in a research report on Friday, January 31st. Wedbush dropped their target price on Century Communities from $93.00 to $88.00 and set a "neutral" rating on the stock 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 company's stock. According to data from MarketBeat, the company currently has an average 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.

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