SG Americas Securities LLC Has $131,000 Stock Holdings in Century Communities, Inc. (NYSE:CCS)

SG Americas Securities LLC lessened its holdings in Century Communities, Inc. (NYSE:CCS) by 92.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,442 shares of the construction company’s stock after selling 18,350 shares during the quarter. SG Americas Securities LLC’s holdings in Century Communities were worth $131,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of CCS. BlackRock Inc. raised its holdings in shares of Century Communities by 2.4% during the first quarter. BlackRock Inc. now owns 5,029,717 shares of the construction company’s stock worth $321,499,000 after acquiring an additional 118,079 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Century Communities by 1.9% during the first quarter. Vanguard Group Inc. now owns 2,167,858 shares of the construction company’s stock worth $116,132,000 after acquiring an additional 39,505 shares in the last quarter. State Street Corp raised its holdings in shares of Century Communities by 5.9% during the first quarter. State Street Corp now owns 1,313,759 shares of the construction company’s stock worth $70,378,000 after acquiring an additional 72,801 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Century Communities by 17.3% during the third quarter. Jennison Associates LLC now owns 1,114,466 shares of the construction company’s stock worth $74,424,000 after acquiring an additional 164,478 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Century Communities by 3.5% during the second quarter. Geode Capital Management LLC now owns 556,496 shares of the construction company’s stock worth $42,639,000 after acquiring an additional 18,769 shares in the last quarter. Institutional investors and hedge funds own 99.54% of the company’s stock.

Century Communities Price Performance

NYSE CCS opened at $79.30 on Thursday. Century Communities, Inc. has a fifty-two week low of $58.01 and a fifty-two week high of $97.92. The stock’s 50-day moving average is $87.48 and its two-hundred day moving average is $80.32. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $2.52 billion, a P/E ratio of 9.85 and a beta of 1.71.

Century Communities (NYSE:CCS) last posted its earnings results on Wednesday, January 31st. The construction company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.66. Century Communities had a return on equity of 11.57% and a net margin of 7.02%. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $915.91 million. On average, analysts anticipate that Century Communities, Inc. will post 10.06 earnings per share for the current fiscal year.

Century Communities Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Wednesday, February 28th were issued a dividend of $0.26 per share. This is a positive change from Century Communities’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend was Tuesday, February 27th. Century Communities’s dividend payout ratio (DPR) is 12.92%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CCS shares. Wedbush reiterated an “underperform” rating and set a $82.00 price objective (down from $92.00) on shares of Century Communities in a report on Tuesday, April 2nd. B. Riley increased their price objective on Century Communities from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, February 1st.

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.