Healthcare of Ontario Pension Plan Trust Fund Acquires Shares of 17,200 Century Communities, Inc. (NYSE:CCS)

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Century Communities, Inc. (NYSE:CCS - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,200 shares of the construction company's stock, valued at approximately $1,771,000. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.05% of Century Communities at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC increased its stake in Century Communities by 11.2% during the 2nd quarter. Signaturefd LLC now owns 1,138 shares of the construction company's stock valued at $93,000 after purchasing an additional 115 shares in the last quarter. Arizona State Retirement System grew its stake in Century Communities by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 8,006 shares of the construction company's stock valued at $654,000 after purchasing an additional 147 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in Century Communities by 6.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,831 shares of the construction company's stock valued at $231,000 after purchasing an additional 172 shares during the last quarter. SummerHaven Investment Management LLC increased its holdings in shares of Century Communities by 1.9% in the second quarter. SummerHaven Investment Management LLC now owns 9,752 shares of the construction company's stock valued at $796,000 after purchasing an additional 186 shares during the period. Finally, Louisiana State Employees Retirement System raised its stake in shares of Century Communities by 1.4% in the second quarter. Louisiana State Employees Retirement System now owns 14,200 shares of the construction company's stock worth $1,160,000 after purchasing an additional 200 shares during the last quarter. 99.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on CCS shares. Wedbush raised their price target on shares of Century Communities from $90.00 to $96.00 and gave the stock a "neutral" rating in a research report on Thursday, October 24th. B. Riley reissued a "buy" rating and set a $119.00 target price (up previously from $113.00) on shares of Century Communities in a report on Thursday, October 24th. Finally, StockNews.com upgraded shares of Century Communities from a "sell" rating to a "hold" rating in a research report on Wednesday, November 27th.

Century Communities Stock Performance

CCS stock traded up $0.34 during trading on Monday, hitting $90.70. 272,080 shares of the company traded hands, compared to its average volume of 301,707. The stock's 50-day simple moving average is $94.00 and its 200 day simple moving average is $91.83. Century Communities, Inc. has a 1 year low of $74.25 and a 1 year high of $108.42. The company has a market cap of $2.84 billion, a PE ratio of 9.01 and a beta of 1.87. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.63 and a quick ratio of 0.63.

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

Century Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Wednesday, November 27th. Century Communities's payout ratio is 10.37%.

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.