33,900 Shares in Century Communities, Inc. (NYSE:CCS) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in Century Communities, Inc. (NYSE:CCS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 33,900 shares of the construction company’s stock, valued at approximately $2,487,000. Jefferies Financial Group Inc. owned 0.11% of Century Communities as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CCS. Barclays PLC increased its position in Century Communities by 8.5% in the third quarter. Barclays PLC now owns 76,114 shares of the construction company’s stock worth $7,837,000 after purchasing an additional 5,981 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of Century Communities by 24.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 11,548 shares of the construction company’s stock worth $847,000 after buying an additional 2,269 shares during the period. Park Avenue Securities LLC grew its position in shares of Century Communities by 26.3% during the 4th quarter. Park Avenue Securities LLC now owns 4,400 shares of the construction company’s stock worth $323,000 after buying an additional 916 shares during the period. KBC Group NV grew its position in shares of Century Communities by 44.3% during the 4th quarter. KBC Group NV now owns 1,313 shares of the construction company’s stock worth $96,000 after buying an additional 403 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Century Communities during the 4th quarter worth about $142,000. 99.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wedbush decreased their target price on Century Communities from $93.00 to $88.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Zelman & Associates upgraded Century Communities to a “hold” rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $101.33.

Century Communities Trading Up 1.1%

NYSE:CCS opened at $56.76 on Wednesday. Century Communities, Inc. has a fifty-two week low of $52.41 and a fifty-two week high of $108.42. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $1.73 billion, a PE ratio of 5.46 and a beta of 1.57. The business’s 50-day simple moving average is $62.06 and its 200-day simple moving average is $73.41.

Century Communities (NYSE:CCS) last released its quarterly earnings data on Wednesday, April 23rd. The construction company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.38). Century Communities had a net margin of 7.59% and a return on equity of 14.17%. The business had revenue of $903.23 million for the quarter, compared to the consensus estimate of $914.20 million. During the same quarter last year, the firm earned $2.22 EPS. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. Sell-side analysts expect that Century Communities, Inc. will post 11.07 earnings per share for the current fiscal year.

Century Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Wednesday, May 28th. Century Communities’s dividend payout ratio (DPR) is presently 12.01%.

Insider Activity

In other Century Communities news, Director Elisa Z. Ramirez acquired 500 shares of the business’s stock in a transaction dated Friday, May 9th. The shares were acquired at an average price of $54.68 per share, for a total transaction of $27,340.00. Following the acquisition, the director now directly owns 8,981 shares of the company’s stock, valued at approximately $491,081.08. This trade represents a 5.90% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have acquired 2,400 shares of company stock worth $130,426 in the last 90 days. Corporate insiders own 11.90% of the company’s stock.

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.