Russell Investments Group Ltd. Has $6.51 Million Stock Position in Century Communities, Inc. (NYSE:CCS)

Russell Investments Group Ltd. increased its holdings in Century Communities, Inc. (NYSE:CCS) by 6.8% during the fourth quarter, HoldingsChannel reports. The fund owned 71,436 shares of the construction company’s stock after acquiring an additional 4,565 shares during the quarter. Russell Investments Group Ltd.’s holdings in Century Communities were worth $6,511,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CCS. NBC Securities Inc. purchased a new stake in shares of Century Communities in the third quarter worth approximately $33,000. Daiwa Securities Group Inc. purchased a new stake in Century Communities in the 4th quarter valued at $36,000. GAMMA Investing LLC purchased a new stake in Century Communities in the 4th quarter valued at $55,000. Quantbot Technologies LP bought a new position in Century Communities during the 3rd quarter valued at $59,000. Finally, DekaBank Deutsche Girozentrale purchased a new position in Century Communities during the 4th quarter worth $107,000. Institutional investors and hedge funds own 99.54% of the company’s stock.

Century Communities Trading Down 1.8 %

Shares of Century Communities stock opened at $82.84 on Thursday. The firm has a market cap of $2.63 billion, a PE ratio of 9.19 and a beta of 1.76. Century Communities, Inc. has a 1 year low of $58.01 and a 1 year high of $97.92. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.20 and a quick ratio of 1.20. The stock has a fifty day moving average price of $85.80 and a 200-day moving average price of $82.30.

Century Communities (NYSE:CCS) last posted its quarterly earnings data on Wednesday, April 24th. The construction company reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.67. The business had revenue of $948.54 million during the quarter, compared to the consensus estimate of $791.67 million. Century Communities had a net margin of 7.47% and a return on equity of 12.90%. Equities research analysts anticipate that Century Communities, Inc. will post 10.36 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CCS shares. Wedbush reiterated an “underperform” rating and issued a $82.00 target price on shares of Century Communities in a report on Thursday, April 25th. B. Riley lifted their target price on shares of Century Communities from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st.

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.