Hantz Financial Services Inc. Cuts Stake in Century Communities, Inc. (NYSE:CCS)

Hantz Financial Services Inc. cut its holdings in shares of Century Communities, Inc. (NYSE:CCS) by 3.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,080 shares of the construction company’s stock after selling 161 shares during the quarter. Hantz Financial Services Inc.’s holdings in Century Communities were worth $523,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CCS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Century Communities by 1.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 75,683 shares of the construction company’s stock valued at $7,794,000 after purchasing an additional 960 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Century Communities during the third quarter valued at about $1,771,000. BNP Paribas Financial Markets grew its stake in shares of Century Communities by 74.5% during the third quarter. BNP Paribas Financial Markets now owns 41,864 shares of the construction company’s stock valued at $4,311,000 after buying an additional 17,876 shares during the last quarter. FMR LLC increased its holdings in shares of Century Communities by 162.5% in the third quarter. FMR LLC now owns 4,886 shares of the construction company’s stock worth $503,000 after buying an additional 3,025 shares during the period. Finally, Bank of Montreal Can lifted its stake in shares of Century Communities by 1,477.5% in the 3rd quarter. Bank of Montreal Can now owns 51,442 shares of the construction company’s stock valued at $5,307,000 after acquiring an additional 48,181 shares during the last quarter. 99.54% of the stock is currently owned by institutional investors.

Century Communities Stock Down 0.5 %

NYSE CCS opened at $90.36 on Monday. Century Communities, Inc. has a 1 year low of $71.46 and a 1 year high of $108.42. The stock has a market capitalization of $2.83 billion, a PE ratio of 9.01 and a beta of 1.87. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.63 and a quick ratio of 0.63. The business’s 50-day moving average is $94.00 and its 200 day moving average is $91.83.

Century Communities (NYSE:CCS) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.16. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. Century Communities had a return on equity of 13.79% and a net margin of 7.44%. The business’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period last year, the company earned $2.58 EPS. Sell-side analysts forecast that Century Communities, Inc. will post 10.95 earnings per share for the current year.

Century Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Wednesday, November 27th. Century Communities’s payout ratio is currently 10.37%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CCS shares. B. Riley restated a “buy” rating and set a $119.00 price target (up from $113.00) on shares of Century Communities in a research report on Thursday, October 24th. StockNews.com upgraded shares of Century Communities from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, Wedbush upped their price target on shares of Century Communities from $90.00 to $96.00 and gave the company a “neutral” rating in a report on Thursday, October 24th.

About Century Communities

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.