Barclays PLC Boosts Stake in Century Communities, Inc. (NYSE:CCS)

Barclays PLC increased its holdings in shares of Century Communities, Inc. (NYSE:CCS - Free Report) by 86.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 141,799 shares of the construction company's stock after purchasing an additional 65,685 shares during the quarter. Barclays PLC owned 0.46% of Century Communities worth $10,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its stake in Century Communities by 336.7% during the 4th 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 during the period. Sterling Capital Management LLC raised its holdings in shares of Century Communities by 800.0% during the fourth quarter. Sterling Capital Management LLC now owns 774 shares of the construction company's stock valued at $57,000 after purchasing an additional 688 shares during the last quarter. Headlands Technologies LLC bought a new position in Century Communities during the fourth quarter valued at approximately $74,000. KBC Group NV boosted its holdings in 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 purchasing an additional 403 shares during the last quarter. Finally, R Squared Ltd bought a new stake in Century Communities in the 4th quarter worth approximately $142,000. 99.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CCS. Wedbush restated a "neutral" rating and issued a $93.00 price target (down from $96.00) on shares of Century Communities in a research note on Thursday, January 30th. Zelman & Associates raised Century Communities to a "hold" rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Century Communities presently has a consensus rating of "Hold" and an average target price of $103.00.

Century Communities Trading Up 4.9 %

NYSE:CCS opened at $61.33 on Wednesday. Century Communities, Inc. has a one year low of $55.85 and a one year high of $108.42. The business has a fifty day moving average price of $67.04 and a 200-day moving average price of $77.79. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 5.90 and a beta of 1.76. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.77.

Century Communities (NYSE:CCS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The construction company reported $3.49 EPS for the quarter, topping analysts' consensus estimates of $3.16 by $0.33. Century Communities had a return on equity of 14.17% and a net margin of 7.59%. Sell-side analysts forecast that Century Communities, Inc. will post 11.07 EPS for the current year.

Century Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th were given a $0.29 dividend. This is a positive change from Century Communities's previous quarterly dividend of $0.26. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Wednesday, February 26th. Century Communities's dividend payout ratio is presently 11.15%.

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.

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