14,124 Shares in Century Communities, Inc. (NYSE:CCS) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC purchased a new stake in Century Communities, Inc. (NYSE:CCS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,124 shares of the construction company’s stock, valued at approximately $1,287,000. Century Communities makes up approximately 0.5% of Jackson Creek Investment Advisors LLC’s investment portfolio, making the stock its 28th largest holding.

Several other hedge funds have also added to or reduced their stakes in the business. SummerHaven Investment Management LLC boosted its holdings in shares of Century Communities by 1.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 9,457 shares of the construction company’s stock worth $862,000 after buying an additional 128 shares during the last quarter. Exchange Traded Concepts LLC grew its position in Century Communities by 1.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 10,142 shares of the construction company’s stock valued at $924,000 after acquiring an additional 170 shares during the last quarter. Keybank National Association OH lifted its stake in Century Communities by 3.6% in the third quarter. Keybank National Association OH now owns 7,650 shares of the construction company’s stock worth $511,000 after acquiring an additional 264 shares during the period. Daiwa Securities Group Inc. bought a new position in Century Communities in the fourth quarter worth $36,000. Finally, NBC Securities Inc. bought a new position in Century Communities in the third quarter worth $33,000. 99.54% of the stock is currently owned by institutional investors and hedge funds.

Century Communities Price Performance

Shares of Century Communities stock traded down $1.22 on Tuesday, reaching $79.32. The company’s stock had a trading volume of 492,822 shares, compared to its average volume of 321,007. The company has a market capitalization of $2.52 billion, a P/E ratio of 8.95 and a beta of 1.71. Century Communities, Inc. has a 52-week low of $58.01 and a 52-week high of $97.92. The stock has a 50-day moving average price of $86.29 and a 200-day moving average price of $81.39. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.44.

Century Communities (NYSE:CCS) last announced its quarterly earnings results on Wednesday, April 24th. The construction company reported $2.22 EPS for the quarter, beating the consensus estimate of $1.55 by $0.67. Century Communities had a return on equity of 12.90% and a net margin of 7.47%. The business had revenue of $948.54 million for the quarter, compared to analyst estimates of $791.67 million. Analysts expect that Century Communities, Inc. will post 10.36 EPS for the current year.

Century Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Wednesday, February 28th were issued a $0.26 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.31%. This is an increase from Century Communities’s previous quarterly dividend of $0.23. Century Communities’s dividend payout ratio is presently 11.54%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on CCS shares. B. Riley upped their target price on shares of Century Communities from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Wedbush restated an “underperform” rating and issued a $82.00 price target on shares of Century Communities in a research report on Thursday, April 25th.

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.