Squarepoint Ops LLC Has $13.02 Million Position in Century Communities, Inc. (NYSE:CCS)

Squarepoint Ops LLC grew its position in Century Communities, Inc. (NYSE:CCS - Free Report) by 140.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 177,413 shares of the construction company's stock after purchasing an additional 103,564 shares during the period. Squarepoint Ops LLC owned about 0.57% of Century Communities worth $13,015,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its position 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 in the last quarter. Sterling Capital Management LLC grew its stake 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 during the period. Headlands Technologies LLC bought a new stake in shares of Century Communities in the fourth quarter worth about $74,000. KBC Group NV increased 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 worth $96,000 after acquiring an additional 403 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Century Communities during the fourth quarter worth about $142,000. 99.54% of the stock is owned by institutional investors.

Insider Transactions at Century Communities

In other Century Communities news, Director Elisa Z. Ramirez bought 500 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average price of $54.68 per share, with a total value of $27,340.00. Following the completion of the transaction, the director now owns 8,981 shares in the company, valued at approximately $491,081.08. This trade represents a 5.90% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired a total of 2,400 shares of company stock valued at $130,426 over the last 90 days. 11.90% of the stock is owned by corporate insiders.

Century Communities Stock Performance

Shares of Century Communities stock opened at $52.01 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 5.00 and a beta of 1.57. The stock's 50-day moving average is $59.96 and its 200-day moving average is $71.82. Century Communities, Inc. has a one year low of $51.07 and a one year high of $108.42.

Century Communities (NYSE:CCS - Get Free Report) last announced 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 firm had revenue of $903.23 million during the quarter, compared to analyst estimates of $914.20 million. During the same period in the prior year, the business posted $2.22 EPS. The firm's quarterly revenue was down 2.1% compared to the same quarter last year. Equities analysts predict that Century Communities, Inc. will post 11.07 earnings per share for the current fiscal year.

Century Communities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be issued a $0.29 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.23%. Century Communities's dividend payout ratio (DPR) is presently 12.01%.

Analyst Upgrades and Downgrades

CCS has been the subject of several research analyst reports. Wedbush decreased their price objective 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. Zelman & Associates upgraded shares of Century Communities to a "hold" rating in a report on Friday, January 31st. One 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. According to data from MarketBeat, Century Communities presently has an average rating of "Hold" and an average target price of $101.33.

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.

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