Two Sigma Investments LP Has $4.10 Million Position in Century Communities, Inc. (NYSE:CCS)

Two Sigma Investments LP increased its holdings in shares of Century Communities, Inc. (NYSE:CCS - Free Report) by 14.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,917 shares of the construction company's stock after acquiring an additional 7,012 shares during the quarter. Two Sigma Investments LP owned about 0.18% of Century Communities worth $4,102,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of CCS. First Trust Advisors LP increased its position in Century Communities by 67.3% during the fourth quarter. First Trust Advisors LP now owns 1,120,495 shares of the construction company's stock worth $82,200,000 after acquiring an additional 450,914 shares during the period. Balyasny Asset Management L.P. increased its position in Century Communities by 51.2% during the fourth quarter. Balyasny Asset Management L.P. now owns 679,307 shares of the construction company's stock worth $49,834,000 after acquiring an additional 230,113 shares during the period. Marshall Wace LLP increased its position in Century Communities by 660.5% during the fourth quarter. Marshall Wace LLP now owns 202,518 shares of the construction company's stock worth $14,857,000 after acquiring an additional 175,887 shares during the period. Norges Bank bought a new position in Century Communities during the fourth quarter worth about $5,663,000. Finally, Barclays PLC increased its position in Century Communities by 86.3% during the fourth quarter. Barclays PLC now owns 141,799 shares of the construction company's stock worth $10,403,000 after acquiring an additional 65,685 shares during the period. 99.54% of the stock is owned by institutional investors.

Insider Buying and Selling at Century Communities

In related news, Director Elisa Z. Ramirez purchased 500 shares of Century Communities stock in a transaction dated 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 purchase, 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 2,400 shares of company stock valued at $130,426 in the last ninety days. 11.90% of the stock is currently owned by company insiders.

Century Communities Price Performance

CCS stock traded down $0.91 during mid-day trading on Monday, hitting $50.96. The stock had a trading volume of 414,472 shares, compared to its average volume of 373,609. 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 52 week low of $50.48 and a 52 week high of $108.42. The firm has a market capitalization of $1.56 billion, a P/E ratio of 4.90 and a beta of 1.57. The firm has a fifty day simple moving average of $57.61 and a 200 day simple moving average of $69.84.

Century Communities (NYSE:CCS - Get Free Report) last released its earnings results on Wednesday, April 23rd. The construction company reported $1.36 EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $914.20 million. During the same period in the prior year, the business earned $2.22 earnings per share. Century Communities's quarterly revenue was down 2.1% compared to the same quarter last year. 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. Shareholders of record on Wednesday, May 28th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.28%. The ex-dividend date is Wednesday, May 28th. Century Communities's dividend payout ratio is currently 12.01%.

Analyst Ratings Changes

Separately, Wedbush lowered their price target on shares of Century Communities from $93.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target 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.