James J. Filler Buys 200 Shares of Century Bancorp, Inc. Class A (CNBKA) Stock
Century Bancorp, Inc. Class A (NASDAQ:CNBKA) major shareholder James J. Filler acquired 200 shares of the stock in a transaction that occurred on Tuesday, September 4th. The shares were bought at an average cost of $71.75 per share, for a total transaction of $14,350.00. Following the completion of the transaction, the insider now directly owns 638,101 shares of the company’s stock, valued at approximately $45,783,746.75. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
CNBKA traded up $0.20 on Monday, reaching $71.30. 4,500 shares of the company traded hands, compared to its average volume of 5,402. Century Bancorp, Inc. Class A has a 52-week low of $67.00 and a 52-week high of $89.40. The company has a market capitalization of $396.65 million, a PE ratio of 11.95 and a beta of 0.61. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.61 and a current ratio of 0.61.
Century Bancorp, Inc. Class A (NASDAQ:CNBKA) last announced its quarterly earnings data on Tuesday, July 10th. The bank reported $1.62 EPS for the quarter. Century Bancorp, Inc. Class A had a net margin of 17.80% and a return on equity of 12.43%. The firm had revenue of $26.92 million for the quarter.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mackay Shields LLC acquired a new stake in Century Bancorp, Inc. Class A in the first quarter valued at approximately $714,000. Schwab Charles Investment Management Inc. lifted its stake in Century Bancorp, Inc. Class A by 40.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 16,565 shares of the bank’s stock valued at $1,316,000 after acquiring an additional 4,729 shares during the last quarter. Matarin Capital Management LLC acquired a new stake in Century Bancorp, Inc. Class A in the first quarter valued at approximately $780,000. Heartland Advisors Inc. lifted its stake in Century Bancorp, Inc. Class A by 39.3% in the first quarter. Heartland Advisors Inc. now owns 70,000 shares of the bank’s stock valued at $5,558,000 after acquiring an additional 19,750 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Century Bancorp, Inc. Class A by 5.8% in the first quarter. Dimensional Fund Advisors LP now owns 150,604 shares of the bank’s stock valued at $11,958,000 after acquiring an additional 8,278 shares during the last quarter. 36.15% of the stock is currently owned by hedge funds and other institutional investors.
Century Bancorp, Inc. Class A Company Profile
Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.
Read More: Hedge Funds
Receive News & Ratings for Century Bancorp Inc. Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Bancorp Inc. Class A and related companies with MarketBeat.com's FREE daily email newsletter.