Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Century Communities, Inc. (NYSE:CCS)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has purchased 4,641 shares of Century Communities, Inc. (NYSE:CCS), valued at approximately $311,000, as part of its new investment in the company during the first quarter.
• Century Communities experienced a 2.5% stock price increase recently, with shares priced at $57.71, while the company's market cap is approximately $1.71 billion.
• Wall Street analysts' ratings for Century Communities are mixed, with one rating a sell, three issuing a hold, and one giving a strong buy rating, while the average price target is $85.00.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Century Communities, Inc. (NYSE:CCS - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 4,641 shares of the construction company's stock, valued at approximately $311,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. American Century Companies Inc. lifted its position in shares of Century Communities by 5.4% during the 4th quarter. American Century Companies Inc. now owns 58,059 shares of the construction company's stock valued at $4,259,000 after buying an additional 2,951 shares in the last quarter. LPL Financial LLC boosted its stake in Century Communities by 41.6% during the fourth quarter. LPL Financial LLC now owns 3,574 shares of the construction company's stock worth $262,000 after buying an additional 1,050 shares during the period. Vanguard Group Inc. grew its position in Century Communities by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 1,971,664 shares of the construction company's stock valued at $144,641,000 after acquiring an additional 5,375 shares in the last quarter. JPMorgan Chase & Co. grew its position in 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 acquiring an additional 47,171 shares in the last quarter. Finally, Norges Bank acquired a new position in Century Communities in the fourth quarter valued at approximately $5,663,000. 99.54% of the stock is currently owned by institutional investors.

Insider Transactions at Century Communities

In other news, Director Elisa Z. Ramirez acquired 500 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average price of $54.68 per share, with a total value of $27,340.00. Following the acquisition, the director directly owned 8,981 shares in the company, valued at $491,081.08. The trade was a 5.90% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 11.90% of the stock is owned by corporate insiders.

Century Communities Stock Performance

Shares of NYSE:CCS traded down $0.30 during trading on Thursday, hitting $60.39. 133,963 shares of the stock were exchanged, compared to its average volume of 439,804. Century Communities, Inc. has a 1-year low of $50.42 and a 1-year high of $108.42. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 7.38 and a beta of 1.41. The company's fifty day simple moving average is $56.90 and its 200-day simple moving average is $62.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.55 and a current ratio of 0.55.

Century Communities (NYSE:CCS - Get Free Report) last released its earnings results on Wednesday, July 23rd. The construction company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.21. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $910.70 million. Century Communities had a return on equity of 10.99% and a net margin of 6.03%. The firm's quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.65 earnings per share. Sell-side analysts expect that Century Communities, Inc. will post 11.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of Century Communities from a "hold" rating to a "sell" rating in a research report on Sunday. Wedbush lowered their price objective on Century Communities from $93.00 to $88.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Finally, B. Riley started coverage on Century Communities in a research note on Monday, June 30th. They set a "buy" rating and a $70.00 target price for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Century Communities currently has an average rating of "Hold" and an average price target of $85.00.

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.