Media headlines about Century Bancorp (NASDAQ:CNBKA) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Century Bancorp earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.723576687351 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Century Bancorp, Inc. (CNBKA) Major Shareholder Acquires $26,316.00 in Stock (americanbankingnews.com)
- Century Bancorp, Inc. (CNBKA) Major Shareholder James J. Filler Purchases 900 Shares (americanbankingnews.com)
- Insider Buying: Century Bancorp, Inc. (CNBKA) Major Shareholder Purchases 443 Shares of Stock (americanbankingnews.com)
- Century Bancorp, Inc. (NASDAQ:CNBKA) Trading Up – Short interest grew by 11.02% (highlightpress.com)
Separately, ValuEngine raised Century Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
Shares of Century Bancorp (CNBKA) traded up 0.07% during trading on Tuesday, hitting $66.75. The company had a trading volume of 8,007 shares. The firm has a market capitalization of $371.60 million, a P/E ratio of 13.64 and a beta of 0.69. Century Bancorp has a 52-week low of $44.55 and a 52-week high of $68.69. The stock’s 50-day moving average is $66.41 and its 200 day moving average is $63.74.
Century Bancorp (NASDAQ:CNBKA) last announced its quarterly earnings data on Tuesday, July 11th. The bank reported $1.47 EPS for the quarter. The firm had revenue of $26.40 million during the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. Equities research analysts predict that Century Bancorp will post $2.31 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were given a $0.12 dividend. The ex-dividend date was Friday, July 28th. This represents a $0.48 dividend on an annualized basis and a yield of 0.72%. Century Bancorp’s payout ratio is currently 9.82%.
In other news, major shareholder James J. Filler acquired 389 shares of Century Bancorp stock in a transaction that occurred on Tuesday, August 8th. The stock was purchased at an average price of $66.71 per share, for a total transaction of $25,950.19. Following the completion of the transaction, the insider now directly owns 571,548 shares in the company, valued at $38,127,967.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder James J. Filler acquired 443 shares of Century Bancorp stock in a transaction that occurred on Tuesday, September 5th. The stock was purchased at an average price of $66.67 per share, with a total value of $29,534.81. Following the transaction, the insider now owns 578,117 shares of the company’s stock, valued at $38,543,060.39. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 18,684 shares of company stock valued at $1,218,577. 36.91% of the stock is owned by insiders.
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.
Receive News & Ratings for Century Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.