Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 139 shares of Century Bancorp stock in a transaction dated Thursday, December 21st. The stock was purchased at an average cost of $83.49 per share, with a total value of $11,605.11. Following the completion of the acquisition, the insider now directly owns 597,919 shares in the company, valued at approximately $49,920,257.31. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Century Bancorp, Inc. (CNBKA) traded down $2.05 during trading on Friday, hitting $81.45. The stock had a trading volume of 5,621 shares, compared to its average volume of 6,956. Century Bancorp, Inc. has a fifty-two week low of $53.35 and a fifty-two week high of $89.40. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.61 and a quick ratio of 0.61. The stock has a market cap of $464.84, a P/E ratio of 15.75 and a beta of 0.74.

Century Bancorp (NASDAQ:CNBKA) last posted its earnings results on Tuesday, October 10th. The bank reported $1.44 earnings per share for the quarter. The business had revenue of $25.30 million during the quarter. Century Bancorp had a return on equity of 11.47% and a net margin of 23.11%.

Separately, ValuEngine downgraded Century Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

A number of institutional investors and hedge funds have recently bought and sold shares of CNBKA. Janney Montgomery Scott LLC purchased a new stake in Century Bancorp during the 2nd quarter valued at approximately $209,000. The Manufacturers Life Insurance Company raised its stake in Century Bancorp by 1,300.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,922 shares of the bank’s stock valued at $249,000 after acquiring an additional 3,642 shares during the last quarter. Wells Fargo & Company MN raised its stake in Century Bancorp by 54.2% during the 3rd quarter. Wells Fargo & Company MN now owns 3,540 shares of the bank’s stock valued at $283,000 after acquiring an additional 1,244 shares during the last quarter. ZPR Investment Management raised its stake in Century Bancorp by 2.7% during the 2nd quarter. ZPR Investment Management now owns 4,815 shares of the bank’s stock valued at $306,000 after acquiring an additional 125 shares during the last quarter. Finally, ClariVest Asset Management LLC raised its stake in Century Bancorp by 26.1% during the 3rd quarter. ClariVest Asset Management LLC now owns 5,111 shares of the bank’s stock valued at $409,000 after acquiring an additional 1,057 shares during the last quarter. 36.50% of the stock is owned by hedge funds and other institutional investors.

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Century Bancorp Company Profile

Century Bancorp, Inc is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north.

Insider Buying and Selling by Quarter for Century Bancorp (NASDAQ:CNBKA)

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