Maryland State Retirement & Pension System Sells 219 Shares of Century Communities, Inc. (NYSE:CCS)

Maryland State Retirement & Pension System lowered its position in Century Communities, Inc. (NYSE:CCS) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,278 shares of the construction company’s stock after selling 219 shares during the period. Maryland State Retirement & Pension System’s holdings in Century Communities were worth $937,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CCS. Daiwa Securities Group Inc. purchased a new position in Century Communities in the fourth quarter worth $36,000. NBC Securities Inc. purchased a new position in Century Communities during the 3rd quarter worth $33,000. GAMMA Investing LLC acquired a new position in Century Communities during the 4th quarter valued at about $55,000. Quantbot Technologies LP purchased a new stake in Century Communities in the third quarter valued at about $59,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Century Communities in the fourth quarter valued at about $107,000. Institutional investors own 99.54% of the company’s stock.

Analyst Upgrades and Downgrades

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

Century Communities Trading Up 2.4 %

Century Communities stock opened at $84.83 on Friday. 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 $85.77 and a 200 day moving average price of $82.32. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 9.42 and a beta of 1.76.

Century Communities (NYSE:CCS) last released its quarterly earnings data 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 net margin of 7.47% and a return on equity of 12.90%. The business had revenue of $948.54 million for the quarter, compared to the consensus estimate of $791.67 million. Sell-side analysts anticipate that Century Communities, Inc. will post 10.36 EPS for the current year.

Century Communities Company 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.