James J. Filler Buys 200 Shares of Century Bancorp, Inc. (CNBKA) Stock

Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 200 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were purchased at an average cost of $78.75 per share, with a total value of $15,750.00. Following the completion of the acquisition, the insider now directly owns 614,431 shares of the company’s stock, valued at $48,386,441.25. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Century Bancorp, Inc. (NASDAQ CNBKA) opened at $78.20 on Thursday. Century Bancorp, Inc. has a 1-year low of $53.35 and a 1-year high of $89.40. 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 stock has a market cap of $423.93, a PE ratio of 19.55 and a beta of 0.75.

Century Bancorp (NASDAQ:CNBKA) last issued its earnings results on Tuesday, January 16th. The bank reported $1.52 earnings per share (EPS) for the quarter. Century Bancorp had a net margin of 17.16% and a return on equity of 12.08%. The company had revenue of $26.11 million during the quarter.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, January 31st. This represents a $0.48 dividend on an annualized basis and a yield of 0.61%. Century Bancorp’s dividend payout ratio (DPR) is presently 12.00%.

A number of institutional investors have recently modified their holdings of CNBKA. MetLife Investment Advisors LLC purchased a new position in shares of Century Bancorp during the 4th quarter worth approximately $118,000. Deutsche Bank AG increased its stake in shares of Century Bancorp by 24.4% during the 4th quarter. Deutsche Bank AG now owns 23,736 shares of the bank’s stock worth $1,856,000 after purchasing an additional 4,649 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Century Bancorp by 15.6% during the 4th quarter. Renaissance Technologies LLC now owns 111,600 shares of the bank’s stock worth $8,733,000 after purchasing an additional 15,100 shares in the last quarter. AXA increased its stake in shares of Century Bancorp by 26.9% during the 4th quarter. AXA now owns 16,624 shares of the bank’s stock worth $1,301,000 after purchasing an additional 3,524 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Century Bancorp by 4.9% during the 4th quarter. Geode Capital Management LLC now owns 25,418 shares of the bank’s stock worth $1,988,000 after purchasing an additional 1,177 shares in the last quarter. 35.90% of the stock is owned by institutional investors.

Several research firms recently issued reports on CNBKA. ValuEngine cut shares of Century Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub cut shares of Century Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd.

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About Century Bancorp

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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