Vest Financial LLC Purchases 17,859 Shares of Century Communities, Inc. (NYSE:CCS)

Vest Financial LLC boosted its stake in shares of Century Communities, Inc. (NYSE:CCS - Free Report) by 125.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,139 shares of the construction company's stock after acquiring an additional 17,859 shares during the quarter. Vest Financial LLC owned 0.10% of Century Communities worth $2,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC lifted its position in Century Communities by 14.1% in the third quarter. Signaturefd LLC now owns 1,299 shares of the construction company's stock valued at $134,000 after purchasing an additional 161 shares during the last quarter. Park Avenue Securities LLC raised its holdings in Century Communities by 7.8% during the 3rd quarter. Park Avenue Securities LLC now owns 3,484 shares of the construction company's stock valued at $359,000 after buying an additional 253 shares during the last quarter. GAMMA Investing LLC boosted its position in Century Communities by 37.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,050 shares of the construction company's stock valued at $108,000 after buying an additional 287 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Century Communities by 3.6% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 9,279 shares of the construction company's stock worth $956,000 after acquiring an additional 319 shares during the last quarter. Finally, KBC Group NV increased its position in shares of Century Communities by 44.3% in the fourth quarter. KBC Group NV now owns 1,313 shares of the construction company's stock valued at $96,000 after acquiring an additional 403 shares during the period. 99.54% of the stock is currently owned by institutional investors.

Century Communities Stock Down 3.2 %

Shares of NYSE:CCS traded down $2.36 during trading on Wednesday, hitting $71.33. The stock had a trading volume of 355,439 shares, compared to its average volume of 476,162. The company has a market capitalization of $2.21 billion, a PE ratio of 6.86 and a beta of 1.92. 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 firm's fifty day moving average is $76.83 and its 200 day moving average is $88.96. Century Communities, Inc. has a 12 month low of $68.49 and a 12 month high of $108.42.

Century Communities (NYSE:CCS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The construction company reported $3.49 earnings per share (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%. Analysts anticipate that Century Communities, Inc. will post 11.72 EPS for the current fiscal year.

Century Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Wednesday, February 26th. This is a boost from Century Communities's previous quarterly dividend of $0.26. Century Communities's dividend payout ratio is 10.00%.

Analysts Set New Price Targets

Several analysts recently issued reports on CCS shares. StockNews.com cut Century Communities from a "hold" rating to a "sell" rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. upgraded Century Communities from an "underweight" rating to a "neutral" rating and cut their price objective for the stock from $110.00 to $97.00 in a research report on Friday, December 13th. Zelman & Associates upgraded Century Communities to a "hold" rating in a report on Friday, January 31st. B. Riley reiterated a "buy" rating and issued a $119.00 price target (up previously from $113.00) on shares of Century Communities in a report on Thursday, October 24th. Finally, Wedbush reissued a "neutral" rating and set a $93.00 price objective (down from $96.00) on shares of Century Communities in a research report on Thursday, January 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $103.00.

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.