New Age Alpha Advisors LLC acquired a new position in shares of Century Communities, Inc. (NYSE:CCS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 43,286 shares of the construction company's stock, valued at approximately $3,175,000. New Age Alpha Advisors LLC owned 0.14% of Century Communities as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Century Communities in the fourth quarter valued at about $5,663,000. JPMorgan Chase & Co. grew its position in shares of Century Communities by 22.8% during the 4th quarter. JPMorgan Chase & Co. now owns 253,969 shares of the construction company's stock worth $18,631,000 after purchasing an additional 47,171 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Century Communities by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 1,971,664 shares of the construction company's stock worth $144,641,000 after purchasing an additional 5,375 shares during the period. Bridge City Capital LLC raised its position in shares of Century Communities by 8.3% in the fourth quarter. Bridge City Capital LLC now owns 44,790 shares of the construction company's stock valued at $3,286,000 after buying an additional 3,429 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Century Communities by 41.6% in the fourth quarter. LPL Financial LLC now owns 3,574 shares of the construction company's stock valued at $262,000 after buying an additional 1,050 shares during the period. Institutional investors and hedge funds own 99.54% of the company's stock.
Century Communities Price Performance
Shares of CCS stock traded down $5.07 during trading hours on Thursday, reaching $62.87. The company's stock had a trading volume of 68,828 shares, compared to its average volume of 345,157. Century Communities, Inc. has a fifty-two week low of $62.32 and a fifty-two week high of $108.42. The firm's 50 day simple moving average is $71.92 and its 200-day simple moving average is $82.35. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 6.05 and a beta of 1.76.
Century Communities (NYSE:CCS - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The construction company reported $3.49 earnings per share for the quarter, beating the consensus estimate 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 earnings per share for the current year.
Century Communities Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.85%. This is a boost from Century Communities's previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, February 26th. Century Communities's dividend payout ratio is currently 11.15%.
Analyst Upgrades and Downgrades
CCS has been the topic of a number of recent research reports. StockNews.com lowered Century Communities from a "hold" rating to a "sell" rating in a research note on Thursday, December 5th. Zelman & Associates raised Century Communities to a "hold" rating in a report on Friday, January 31st. Wedbush reaffirmed a "neutral" rating and issued a $93.00 price target (down previously from $96.00) on shares of Century Communities in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. upgraded shares of Century Communities from an "underweight" rating to a "neutral" rating and reduced their price objective for the stock from $110.00 to $97.00 in a research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $103.00.
View Our Latest Analysis on CCS
Century Communities Profile
(
Free Report)
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.
See Also

Before you consider Century Communities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Century Communities wasn't on the list.
While Century Communities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.