Century Bancorp, Inc. Class A (NASDAQ:CNBKA) major shareholder James J. Filler acquired 300 shares of the stock in a transaction that occurred on Tuesday, September 11th. The shares were bought at an average price of $71.35 per share, with a total value of $21,405.00. Following the completion of the purchase, the insider now owns 638,101 shares in the company, valued at $45,528,506.35. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of CNBKA stock opened at $71.30 on Tuesday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.96. Century Bancorp, Inc. Class A has a 1 year low of $67.00 and a 1 year high of $89.40. The firm has a market cap of $396.93 million, a price-to-earnings ratio of 11.96 and a beta of 0.62.

Century Bancorp, Inc. Class A (NASDAQ:CNBKA) last announced its quarterly earnings results on Tuesday, July 10th. The bank reported $1.62 earnings per share (EPS) for the quarter. Century Bancorp, Inc. Class A had a return on equity of 12.43% and a net margin of 17.80%. The company had revenue of $26.92 million during the quarter.

Separately, BidaskClub upgraded Century Bancorp, Inc. Class A from a “sell” rating to a “hold” rating in a research report on Tuesday, May 22nd.

A number of hedge funds have recently made changes to their positions in the business. Delphi Management Inc. MA boosted its position in Century Bancorp, Inc. Class A by 240.3% during the 2nd quarter. Delphi Management Inc. MA now owns 9,568 shares of the bank’s stock worth $740,000 after acquiring an additional 6,756 shares during the period. California Public Employees Retirement System boosted its position in Century Bancorp, Inc. Class A by 3.1% during the 2nd quarter. California Public Employees Retirement System now owns 24,599 shares of the bank’s stock worth $1,879,000 after acquiring an additional 747 shares during the period. Millennium Management LLC acquired a new position in Century Bancorp, Inc. Class A during the 2nd quarter worth $627,000. Renaissance Technologies LLC boosted its position in Century Bancorp, Inc. Class A by 6.2% during the 2nd quarter. Renaissance Technologies LLC now owns 128,400 shares of the bank’s stock worth $9,810,000 after acquiring an additional 7,500 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Century Bancorp, Inc. Class A by 4.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 157,930 shares of the bank’s stock worth $12,066,000 after acquiring an additional 7,326 shares during the period. Institutional investors own 36.15% of the company’s stock.

About Century Bancorp, Inc. Class A

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.

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