James J. Filler Purchases 837 Shares of Century Bancorp, Inc. (CNBKA) Stock

Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 837 shares of Century Bancorp stock in a transaction on Friday, January 12th. The shares were purchased at an average price of $79.89 per share, for a total transaction of $66,867.93. Following the acquisition, the insider now directly owns 604,920 shares in the company, valued at approximately $48,327,058.80. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of Century Bancorp, Inc. (CNBKA) opened at $80.70 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.61 and a quick ratio of 0.61. The firm has a market capitalization of $449.26, a P/E ratio of 15.61 and a beta of 0.75. Century Bancorp, Inc. has a 52 week low of $53.35 and a 52 week high of $89.40.

Several institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN boosted its stake in Century Bancorp by 54.2% during the 3rd quarter. Wells Fargo & Company MN now owns 3,540 shares of the bank’s stock valued at $283,000 after purchasing an additional 1,244 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Century Bancorp by 1,300.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,922 shares of the bank’s stock valued at $249,000 after purchasing an additional 3,642 shares during the last quarter. ZPR Investment Management boosted its stake in Century Bancorp by 2.7% during the 2nd quarter. ZPR Investment Management now owns 4,815 shares of the bank’s stock valued at $306,000 after purchasing an additional 125 shares during the last quarter. ClariVest Asset Management LLC boosted its stake in Century Bancorp by 26.1% during the 3rd quarter. ClariVest Asset Management LLC now owns 5,111 shares of the bank’s stock valued at $409,000 after purchasing an additional 1,057 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Century Bancorp during the 3rd quarter valued at $451,000. Institutional investors own 36.50% of the company’s stock.

Several analysts recently weighed in on the company. BidaskClub downgraded Century Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday. ValuEngine downgraded Century Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

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Century Bancorp Company Profile

Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.

Insider Buying and Selling by Quarter for Century Bancorp (NASDAQ:CNBKA)

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