Century Communities, Inc. (NYSE:CCS) Position Raised by Deutsche Bank AG

Deutsche Bank AG raised its position in Century Communities, Inc. (NYSE:CCS - Free Report) by 219.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,662 shares of the construction company's stock after acquiring an additional 47,147 shares during the quarter. Deutsche Bank AG owned 0.22% of Century Communities worth $5,037,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in Century Communities by 336.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 738 shares of the construction company's stock valued at $54,000 after acquiring an additional 569 shares in the last quarter. Sterling Capital Management LLC grew its position in Century Communities by 800.0% in the fourth 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 acquired a new stake in Century Communities in the fourth quarter valued at approximately $74,000. KBC Group NV grew its position in 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 acquiring an additional 403 shares in the last quarter. Finally, R Squared Ltd purchased a new position in shares of Century Communities during the 4th quarter valued at approximately $142,000. Institutional investors and hedge funds own 99.54% of the company's stock.

Century Communities Stock Down 4.2%

Shares of Century Communities stock traded down $2.28 on Wednesday, hitting $52.14. 635,949 shares of the company's stock traded hands, compared to its average volume of 365,581. The stock has a market cap of $1.59 billion, a P/E ratio of 5.01 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. The firm's 50-day moving average is $60.62 and its 200 day moving average is $72.22. Century Communities, Inc. has a 52-week low of $51.79 and a 52-week high of $108.42.

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

Century Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Wednesday, May 28th. Century Communities's dividend payout ratio (DPR) is presently 12.01%.

Analysts Set New Price Targets

Several equities analysts have recently commented on CCS shares. Wedbush reduced their target price 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. Zelman & Associates upgraded Century Communities to a "hold" rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $101.33.

Insider Buying and Selling

In related news, Director Elisa Z. Ramirez bought 500 shares of the business's stock in a transaction on Friday, May 9th. The shares were bought at an average cost of $54.68 per share, for a total transaction of $27,340.00. Following the completion of the purchase, the director now owns 8,981 shares of the company's stock, valued at $491,081.08. This represents a 5.90% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought 2,400 shares of company stock worth $130,426 over the last ninety days. 11.90% of the stock is owned by insiders.

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.