Aquatic Capital Management LLC Decreases Stock Holdings in Century Communities, Inc. (NYSE:CCS)

Aquatic Capital Management LLC lessened its holdings in Century Communities, Inc. (NYSE:CCS - Free Report) by 81.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,126 shares of the construction company's stock after selling 4,974 shares during the quarter. Aquatic Capital Management LLC's holdings in Century Communities were worth $83,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CCS. Smartleaf Asset Management LLC increased 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 buying an additional 569 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of 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 buying an additional 688 shares during the last quarter. Headlands Technologies LLC bought a new position in Century Communities during the fourth quarter worth about $74,000. KBC Group NV raised 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 during the period. Finally, R Squared Ltd acquired a new stake in Century Communities during the fourth quarter worth approximately $142,000. Institutional investors and hedge funds own 99.54% of the company's stock.

Analyst Ratings Changes

CCS has been the topic of a number of recent analyst reports. Zelman & Associates upgraded Century Communities to a "hold" rating in a research report on Friday, January 31st. Wedbush lowered their target price on Century Communities from $93.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, Century Communities currently has a consensus rating of "Hold" and an average price target of $101.33.

Century Communities Stock Down 1.1 %

CCS stock traded down $0.62 during trading on Friday, reaching $53.96. 246,128 shares of the stock were exchanged, compared to its average volume of 359,719. The firm's 50 day moving average is $62.96 and its 200 day moving average is $74.29. The firm has a market cap of $1.65 billion, a P/E ratio of 5.19 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. Century Communities, Inc. has a twelve month low of $52.41 and a twelve month high of $108.42.

Century Communities (NYSE:CCS - Get Free Report) last issued 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). The firm 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 for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.22 earnings per share. As a group, research analysts forecast that Century Communities, Inc. will post 11.07 EPS for the current year.

Century Communities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a $1.16 annualized dividend and a dividend yield of 2.15%. Century Communities's payout ratio is 12.01%.

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.