Century Communities, Inc. (NYSE:CCS) Stock Holdings Increased by Caxton Associates LP

Caxton Associates LP boosted its position in Century Communities, Inc. (NYSE:CCS) by 111.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,837 shares of the construction company’s stock after buying an additional 7,824 shares during the quarter. Caxton Associates LP’s holdings in Century Communities were worth $1,432,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CCS. Covestor Ltd increased its holdings in Century Communities by 95.0% in the first quarter. Covestor Ltd now owns 273 shares of the construction company’s stock valued at $26,000 after buying an additional 133 shares during the last quarter. Daiwa Securities Group Inc. bought a new position in shares of Century Communities during the fourth quarter valued at approximately $36,000. GAMMA Investing LLC bought a new position in shares of Century Communities during the fourth quarter valued at approximately $55,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Century Communities during the first quarter valued at approximately $57,000. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Century Communities during the fourth quarter valued at approximately $107,000. 99.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CCS. B. Riley upped their target price on Century Communities from $110.00 to $113.00 and gave the company a “buy” rating in a report on Thursday, July 25th. Wedbush upped their target price on Century Communities from $82.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, July 25th.

Century Communities Stock Performance

Shares of NYSE CCS traded down $0.05 during midday trading on Tuesday, hitting $102.83. 101,346 shares of the company’s stock were exchanged, compared to its average volume of 312,158. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.90. The stock’s 50 day moving average price is $85.35 and its 200-day moving average price is $86.06. The firm has a market cap of $3.22 billion, a P/E ratio of 11.47 and a beta of 1.86. Century Communities, Inc. has a twelve month low of $58.01 and a twelve month high of $105.17.

Century Communities (NYSE:CCS) last released its earnings results on Wednesday, July 24th. The construction company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.19. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.03 billion. Century Communities had a return on equity of 14.00% and a net margin of 7.90%. The firm’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.60 earnings per share. Equities research analysts anticipate that Century Communities, Inc. will post 10.68 EPS for the current year.

Century Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 12th. Stockholders of record on Wednesday, May 29th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, May 29th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.01%. Century Communities’s dividend payout ratio (DPR) is presently 11.54%.

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.