Jackson Creek Investment Advisors LLC Acquires Shares of 14,124 Century Communities, Inc. (NYSE:CCS)

Jackson Creek Investment Advisors LLC bought a new stake in shares of Century Communities, Inc. (NYSE:CCS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,124 shares of the construction company's stock, valued at approximately $1,287,000. Century Communities comprises about 0.5% of Jackson Creek Investment Advisors LLC's investment portfolio, making the stock its 28th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in CCS. Louisiana State Employees Retirement System purchased a new position in Century Communities in the 4th quarter worth approximately $1,285,000. American Century Companies Inc. increased its stake in shares of Century Communities by 33.1% in the third quarter. American Century Companies Inc. now owns 394,305 shares of the construction company's stock worth $26,332,000 after buying an additional 97,953 shares during the period. Envestnet Asset Management Inc. raised its holdings in Century Communities by 19.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 74,160 shares of the construction company's stock valued at $4,952,000 after buying an additional 12,024 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in Century Communities during the 4th quarter valued at $1,051,000. Finally, Qube Research & Technologies Ltd boosted its position in Century Communities by 283.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 32,119 shares of the construction company's stock valued at $2,145,000 after buying an additional 23,742 shares during the period. Institutional investors own 99.54% of the company's stock.

Century Communities Trading Down 1.5 %

CCS stock traded down $1.19 on Tuesday, reaching $79.35. The company's stock had a trading volume of 492,817 shares, compared to its average volume of 321,008. The firm has a market cap of $2.52 billion, a PE ratio of 8.81 and a beta of 1.71. The business has a fifty day simple moving average of $86.16 and a two-hundred day simple moving average of $81.51. Century Communities, Inc. has a 12-month low of $58.01 and a 12-month high of $97.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.20 and a current ratio of 1.20.

Century Communities (NYSE:CCS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The construction company reported $2.22 EPS for the quarter, topping the consensus estimate of $1.55 by $0.67. The business had revenue of $948.54 million during the quarter, compared to analyst estimates of $791.67 million. Century Communities had a net margin of 7.47% and a return on equity of 12.90%. As a group, research analysts forecast that Century Communities, Inc. will post 10.36 EPS for the current year.

Century Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Wednesday, February 28th were issued a $0.26 dividend. The ex-dividend date was Tuesday, February 27th. This is a positive change from Century Communities's previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 1.31%. Century Communities's dividend payout ratio (DPR) is 11.54%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. B. Riley boosted their price objective on shares of Century Communities from $100.00 to $110.00 and gave the company a "buy" rating in a research report on Thursday, February 1st. Wedbush restated an "underperform" rating and set a $82.00 price target on shares of Century Communities in a report on Thursday, April 25th.

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.