Vanguard Group Inc. Purchases 5,375 Shares of Century Communities, Inc. (NYSE:CCS)

Vanguard Group Inc. increased its position in shares of Century Communities, Inc. (NYSE:CCS - Free Report) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,971,664 shares of the construction company's stock after acquiring an additional 5,375 shares during the quarter. Vanguard Group Inc. owned 6.37% of Century Communities worth $144,641,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in Century Communities by 5.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 206,798 shares of the construction company's stock worth $21,296,000 after acquiring an additional 10,453 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Century Communities by 2.9% in the fourth quarter. Principal Financial Group Inc. now owns 133,860 shares of the construction company's stock worth $9,820,000 after purchasing an additional 3,747 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Century Communities by 6.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 527,526 shares of the construction company's stock worth $38,699,000 after purchasing an additional 34,046 shares during the period. Edgestream Partners L.P. grew its position in Century Communities by 257.7% during the fourth quarter. Edgestream Partners L.P. now owns 64,509 shares of the construction company's stock valued at $4,732,000 after purchasing an additional 46,477 shares in the last quarter. Finally, HighTower Advisors LLC acquired a new position in Century Communities in the 3rd quarter valued at approximately $543,000. Institutional investors and hedge funds own 99.54% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on CCS shares. Wedbush restated a "neutral" rating and set a $93.00 price target (down from $96.00) on shares of Century Communities in a report on Thursday, January 30th. Zelman & Associates raised Century Communities to a "hold" rating in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. upgraded Century Communities from an "underweight" rating to a "neutral" rating and reduced their price target for the company from $110.00 to $97.00 in a report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $103.00.

Century Communities Stock Down 0.5 %

NYSE CCS traded down $0.32 during trading on Friday, hitting $59.00. 363,936 shares of the company traded hands, compared to its average volume of 350,692. Century Communities, Inc. has a 12 month low of $55.85 and a 12 month high of $108.42. The business has a fifty day simple moving average of $69.10 and a 200 day simple moving average of $79.84. The company has a market capitalization of $1.81 billion, a P/E ratio of 5.67 and a beta of 1.76. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.42.

Century Communities (NYSE:CCS - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $3.49 earnings per share for the quarter, beating 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%. As a group, sell-side analysts predict that Century Communities, Inc. will post 11.07 EPS for the current year.

Century Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were issued a dividend of $0.29 per share. This is an increase from Century Communities's previous quarterly dividend of $0.26. This represents a $1.16 annualized dividend and a dividend yield of 1.97%. The ex-dividend date was Wednesday, February 26th. Century Communities's dividend payout ratio is currently 11.15%.

Century Communities 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.