XTX Topco Ltd Acquires Shares of 8,304 Century Communities, Inc. (NYSE:CCS)

XTX Topco Ltd acquired a new stake in Century Communities, Inc. (NYSE:CCS - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,304 shares of the construction company's stock, valued at approximately $855,000.

Other institutional investors also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd purchased a new stake in shares of Century Communities during the 3rd quarter worth approximately $51,000. GAMMA Investing LLC raised its position in shares of Century Communities by 37.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,050 shares of the construction company's stock worth $108,000 after purchasing an additional 287 shares during the last quarter. Signaturefd LLC raised its position in shares of Century Communities by 11.2% during the 2nd quarter. Signaturefd LLC now owns 1,138 shares of the construction company's stock worth $93,000 after purchasing an additional 115 shares during the last quarter. Daiwa Securities Group Inc. acquired a new position in shares of Century Communities during the 3rd quarter worth approximately $144,000. Finally, Innealta Capital LLC acquired a new position in shares of Century Communities during the 2nd quarter worth approximately $162,000. Hedge funds and other institutional investors own 99.54% of the company's stock.

Century Communities Trading Down 1.5 %

Shares of CCS stock traded down $1.27 on Wednesday, reaching $84.88. 277,327 shares of the stock were exchanged, compared to its average volume of 302,011. The stock has a market cap of $2.66 billion, a P/E ratio of 8.46 and a beta of 1.87. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $91.72 and a two-hundred day moving average of $91.88. Century Communities, Inc. has a 1-year low of $74.76 and a 1-year high of $108.42.

Century Communities (NYSE:CCS - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $2.72 EPS for the quarter, topping analysts' consensus estimates of $2.56 by $0.16. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Century Communities had a return on equity of 13.79% and a net margin of 7.44%. The business's revenue for the quarter was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.58 EPS. On average, research analysts anticipate that Century Communities, Inc. will post 10.95 EPS for the current year.

Century Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.23%. Century Communities's payout ratio is 10.37%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CCS shares. B. Riley restated a "buy" rating and set a $119.00 price objective (up from $113.00) on shares of Century Communities in a research report on Thursday, October 24th. StockNews.com downgraded Century Communities from a "hold" rating to a "sell" rating in a report on Thursday, December 5th. Finally, Wedbush boosted their price target on Century Communities from $90.00 to $96.00 and gave the company a "neutral" rating in a report on Thursday, October 24th.

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.