Century Communities (CCS) Shares Sold by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC decreased its stake in shares of Century Communities (NYSE:CCS) by 1.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 355,066 shares of the construction company’s stock after selling 5,000 shares during the period. Alpine Woods Capital Investors LLC owned 1.20% of Century Communities worth $10,634,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in CCS. Wells Fargo & Company MN boosted its holdings in shares of Century Communities by 16.6% during the 3rd quarter. Wells Fargo & Company MN now owns 54,482 shares of the construction company’s stock worth $1,346,000 after buying an additional 7,742 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Century Communities by 159.9% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 70,567 shares of the construction company’s stock worth $1,744,000 after buying an additional 43,415 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Century Communities by 32.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,178,696 shares of the construction company’s stock worth $29,114,000 after buying an additional 285,856 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Century Communities during the 4th quarter worth about $202,000. Finally, Campbell Newman Asset Management Inc. bought a new stake in shares of Century Communities during the 4th quarter worth about $222,000. 77.98% of the stock is owned by institutional investors and hedge funds.

Century Communities opened at $30.30 on Friday, according to MarketBeat Ratings. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $874.31 million, a price-to-earnings ratio of 10.56 and a beta of 1.09. Century Communities has a 12-month low of $29.25 and a 12-month high of $29.85.

Century Communities (NYSE:CCS) last posted its quarterly earnings data on Tuesday, May 8th. The construction company reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.23. The firm had revenue of $401.85 million during the quarter, compared to the consensus estimate of $377.72 million. Century Communities had a net margin of 3.87% and a return on equity of 12.68%. The business’s revenue for the quarter was up 76.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 EPS. research analysts forecast that Century Communities will post 4.22 EPS for the current fiscal year.

Several analysts recently commented on the stock. ValuEngine raised shares of Century Communities from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 17th. Wedbush reaffirmed an “outperform” rating and set a $42.00 target price on shares of Century Communities in a report on Wednesday, May 9th. B. Riley lifted their target price on shares of Century Communities from $41.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, May 9th. JPMorgan Chase boosted their price objective on shares of Century Communities from $34.00 to $37.50 and gave the company an “overweight” rating in a report on Thursday, February 15th. Finally, Deutsche Bank boosted their price objective on shares of Century Communities from $33.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, February 15th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $36.36.

Century Communities Profile

Century Communities, Inc engages in the development, design, construction, marketing, and sale of single-family attached and detached homes in metropolitan areas in California, Colorado, Georgia, Nevada, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. It is also involved in the entitlement and development of the underlying land; and the provision of mortgage services and title services to its home buyers.

Institutional Ownership by Quarter for Century Communities (NYSE:CCS)

Receive News & Ratings for Century Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Communities and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply