Caxton Associates LP Grows Holdings in Century Communities, Inc. (NYSE:CCS)

Caxton Associates LP raised its stake in shares of Century Communities, Inc. (NYSE:CCS - Free Report) by 82.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,127 shares of the construction company's stock after purchasing an additional 12,290 shares during the quarter. Caxton Associates LP owned 0.09% of Century Communities worth $2,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Century Communities by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 2,033,874 shares of the construction company's stock worth $196,269,000 after acquiring an additional 13,861 shares during the last quarter. Westwood Holdings Group Inc. lifted its stake in Century Communities by 11.2% during the second quarter. Westwood Holdings Group Inc. now owns 883,197 shares of the construction company's stock worth $72,122,000 after purchasing an additional 89,310 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Century Communities by 0.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 429,476 shares of the construction company's stock worth $39,142,000 after purchasing an additional 1,194 shares during the last quarter. First Trust Advisors LP increased its position in shares of Century Communities by 27.8% during the 4th quarter. First Trust Advisors LP now owns 339,697 shares of the construction company's stock valued at $30,960,000 after purchasing an additional 73,991 shares during the last quarter. Finally, Clearbridge Investments LLC increased its position in shares of Century Communities by 2.4% during the 1st quarter. Clearbridge Investments LLC now owns 291,475 shares of the construction company's stock valued at $28,127,000 after purchasing an additional 6,895 shares during the last quarter. Hedge funds and other institutional investors own 99.54% of the company's stock.

Century Communities Trading Up 1.1 %

CCS traded up $1.11 on Thursday, hitting $101.08. 198,251 shares of the company were exchanged, compared to its average volume of 306,280. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a fifty day simple moving average of $98.04 and a two-hundred day simple moving average of $89.31. The stock has a market capitalization of $3.17 billion, a PE ratio of 11.20 and a beta of 1.86. Century Communities, Inc. has a 12 month low of $58.01 and a 12 month high of $108.42.

Century Communities (NYSE:CCS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The construction company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.46 by $0.19. The business had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $1.03 billion. Century Communities had a net margin of 7.90% and a return on equity of 14.00%. The firm's revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.60 EPS. Sell-side analysts expect that Century Communities, Inc. will post 10.98 earnings per share for the current year.

Century Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 11th. Shareholders of record on Wednesday, August 28th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.03%. The ex-dividend date was Wednesday, August 28th. Century Communities's dividend payout ratio (DPR) is currently 11.54%.

Insider Transactions at Century Communities

In related news, Director John P. Box sold 11,282 shares of the company's stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $100.07, for a total transaction of $1,128,989.74. Following the completion of the transaction, the director now owns 45,127 shares in the company, valued at $4,515,858.89. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, Director John P. Box sold 11,282 shares of Century Communities stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $100.07, for a total transaction of $1,128,989.74. Following the sale, the director now owns 45,127 shares of the company's stock, valued at approximately $4,515,858.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert J. Francescon sold 50,000 shares of the business's stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $92.64, for a total transaction of $4,632,000.00. Following the transaction, the chief executive officer now owns 477,931 shares in the company, valued at approximately $44,275,527.84. The disclosure for this sale can be found here. Corporate insiders own 11.90% of the company's stock.

Analyst Ratings Changes

CCS has been the topic of a number of recent research reports. Wedbush increased their price target on shares of Century Communities from $82.00 to $90.00 and gave the company a "neutral" rating in a research report on Thursday, July 25th. B. Riley increased their target price on shares of Century Communities from $110.00 to $113.00 and gave the company a "buy" rating in a report on Thursday, July 25th.

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.