Jane Street Group LLC Purchases 39,341 Shares of Century Communities, Inc. (NYSE:CCS)

Jane Street Group LLC boosted its position in shares of Century Communities, Inc. (NYSE:CCS) by 95.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,561 shares of the construction company’s stock after purchasing an additional 39,341 shares during the quarter. Jane Street Group LLC’s holdings in Century Communities were worth $8,296,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC grew its holdings in shares of Century Communities by 11.2% in the 2nd quarter. Signaturefd LLC now owns 1,138 shares of the construction company’s stock valued at $93,000 after buying an additional 115 shares during the period. Arizona State Retirement System grew its stake in Century Communities by 1.9% in the second quarter. Arizona State Retirement System now owns 8,006 shares of the construction company’s stock valued at $654,000 after acquiring an additional 147 shares during the period. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Century Communities by 6.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,831 shares of the construction company’s stock worth $231,000 after acquiring an additional 172 shares in the last quarter. SummerHaven Investment Management LLC raised its position in shares of Century Communities by 1.9% during the second quarter. SummerHaven Investment Management LLC now owns 9,752 shares of the construction company’s stock worth $796,000 after purchasing an additional 186 shares during the period. Finally, Louisiana State Employees Retirement System lifted its holdings in shares of Century Communities by 1.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 14,200 shares of the construction company’s stock valued at $1,160,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 99.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wedbush raised their target price on shares of Century Communities from $90.00 to $96.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upgraded shares of Century Communities from an “underweight” rating to a “neutral” rating and dropped their price objective for the stock from $110.00 to $97.00 in a report on Friday. StockNews.com lowered shares of Century Communities from a “hold” rating to a “sell” rating in a research note on Thursday, December 5th. Finally, B. Riley restated a “buy” rating and issued a $119.00 price target (up from $113.00) on shares of Century Communities in a report on Thursday, October 24th.

Century Communities Stock Performance

Shares of CCS stock opened at $82.61 on Friday. Century Communities, Inc. has a 12 month low of $74.76 and a 12 month high of $108.42. The company’s fifty day simple moving average is $91.39 and its 200-day simple moving average is $91.83. The firm has a market cap of $2.59 billion, a PE ratio of 8.24 and a beta of 1.87. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.44.

Century Communities (NYSE:CCS) last issued its quarterly earnings results on Wednesday, October 23rd. The construction company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.16. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Century Communities had a net margin of 7.44% and a return on equity of 13.79%. The company’s revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.58 EPS. Equities research analysts expect that Century Communities, Inc. will post 10.95 EPS for the current fiscal year.

Century Communities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Investors of record on Wednesday, November 27th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.04 annualized dividend and a yield of 1.26%. Century Communities’s dividend payout ratio (DPR) is presently 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.