Caxton Associates LP Has $768,000 Position in Century Communities, Inc. (NYSE:CCS)

Caxton Associates LP decreased its stake in Century Communities, Inc. (NYSE:CCS - Free Report) by 63.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,466 shares of the construction company's stock after selling 17,885 shares during the quarter. Caxton Associates LP's holdings in Century Communities were worth $768,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in 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 last quarter. Sterling Capital Management LLC raised its position 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 purchasing an additional 688 shares during the last quarter. Headlands Technologies LLC bought a new position in Century Communities in the 4th quarter valued at $74,000. KBC Group NV raised its position in Century Communities by 44.3% in the 4th 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 bought a new position in Century Communities in the 4th quarter valued at $142,000. Institutional investors and hedge funds own 99.54% of the company's stock.

Century Communities Trading Up 3.5%

NYSE CCS traded up $1.89 on Monday, reaching $55.90. The company had a trading volume of 58,836 shares, compared to its average volume of 359,754. The stock's 50 day moving average is $62.66 and its 200-day moving average is $73.76. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 5.37 and a beta of 1.57. 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, Inc. has a 52 week low of $52.41 and a 52 week high of $108.42.

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

Century Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 28th will be paid a $0.29 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $1.16 dividend on an annualized basis and a yield of 2.07%. Century Communities's payout ratio is 12.01%.

Analyst Ratings Changes

A number of research firms have recently weighed in on CCS. Zelman & Associates upgraded 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 for the company in a research report on Thursday, April 24th. One 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's stock. According to MarketBeat, the company 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.