Century Communities, Inc. (NYSE:CCS) Shares Sold by Fox Run Management L.L.C.

Fox Run Management L.L.C. cut its holdings in shares of Century Communities, Inc. (NYSE:CCS) by 45.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,974 shares of the construction company’s stock after selling 3,345 shares during the period. Fox Run Management L.L.C.’s holdings in Century Communities were worth $292,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CCS. Point72 Hong Kong Ltd acquired a new stake in shares of Century Communities during the 3rd quarter valued at $51,000. Smartleaf Asset Management LLC raised its position in shares of Century Communities by 336.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 738 shares of the construction company’s stock worth $54,000 after purchasing an additional 569 shares during the period. KBC Group NV lifted its holdings in shares of Century Communities by 44.3% during the fourth quarter. KBC Group NV now owns 1,313 shares of the construction company’s stock valued at $96,000 after purchasing an additional 403 shares during the last quarter. R Squared Ltd acquired a new position in shares of Century Communities in the 4th quarter valued at $142,000. Finally, Daiwa Securities Group Inc. acquired a new position in shares of Century Communities in the 3rd quarter valued at $144,000. 99.54% of the stock is currently owned by institutional investors.

Century Communities Stock Down 0.5 %

Shares of CCS stock opened at $69.18 on Friday. Century Communities, Inc. has a 12 month low of $66.07 and a 12 month high of $108.42. 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 has a market cap of $2.14 billion, a PE ratio of 6.65 and a beta of 2.10. The stock has a 50 day moving average of $72.64 and a 200-day moving average of $83.30.

Century Communities (NYSE:CCS) last released its earnings results on Wednesday, January 29th. The construction company reported $3.49 earnings per share 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%. On average, equities 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. Stockholders of record on Wednesday, February 26th were given a dividend of $0.29 per share. The ex-dividend date was Wednesday, February 26th. This is a boost from Century Communities’s previous quarterly dividend of $0.26. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.68%. Century Communities’s payout ratio is currently 11.15%.

Analysts Set New Price Targets

A number of research firms have commented on CCS. Wedbush reaffirmed a “neutral” rating and set a $93.00 price objective (down from $96.00) on shares of Century Communities in a research note on Thursday, January 30th. Zelman & Associates upgraded shares of Century Communities to a “hold” rating in a research report on Friday, January 31st. JPMorgan Chase & Co. upgraded shares of Century Communities from an “underweight” rating to a “neutral” rating and lowered their price objective for the stock from $110.00 to $97.00 in a research report on Friday, December 13th. Finally, StockNews.com lowered Century Communities from a “hold” rating to a “sell” rating in a research report on Thursday, December 5th. 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $103.00.

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.