Shares of Century Communities Inc (NYSE:CCS) have been given a consensus rating of “Hold” by the six ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $30.67.

Several research firms have recently commented on CCS. B. Riley lifted their price objective on shares of Century Communities from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Zacks Investment Research downgraded shares of Century Communities from a “buy” rating to a “hold” rating in a research note on Wednesday, June 17th. ValuEngine downgraded shares of Century Communities from a “sell” rating to a “strong sell” rating in a research note on Saturday, March 14th. JPMorgan Chase & Co. boosted their target price on shares of Century Communities from $15.50 to $24.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, TheStreet downgraded shares of Century Communities from a “b-” rating to a “c+” rating in a research report on Monday, March 23rd.

In related news, CEO Robert J. Francescon sold 100,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $27.65, for a total transaction of $2,765,000.00. Following the completion of the sale, the chief executive officer now owns 291,370 shares of the company’s stock, valued at approximately $8,056,380.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO David L. Messenger sold 35,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $31.97, for a total transaction of $1,118,950.00. Following the sale, the chief financial officer now directly owns 132,688 shares of the company’s stock, valued at approximately $4,242,035.36. The disclosure for this sale can be found here. 13.10% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the company. Nuveen Asset Management LLC grew its stake in shares of Century Communities by 74.9% in the 1st quarter. Nuveen Asset Management LLC now owns 518,149 shares of the construction company’s stock valued at $7,518,000 after buying an additional 221,825 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Century Communities by 151.2% in the 1st quarter. Russell Investments Group Ltd. now owns 74,792 shares of the construction company’s stock worth $1,085,000 after acquiring an additional 45,018 shares during the last quarter. State Street Corp lifted its holdings in shares of Century Communities by 8.6% in the 1st quarter. State Street Corp now owns 1,084,335 shares of the construction company’s stock worth $15,734,000 after acquiring an additional 85,796 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Century Communities in the 1st quarter worth approximately $457,000. Finally, Public Sector Pension Investment Board lifted its holdings in shares of Century Communities by 190.2% in the 4th quarter. Public Sector Pension Investment Board now owns 192,860 shares of the construction company’s stock worth $5,275,000 after acquiring an additional 126,392 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

NYSE CCS traded up $1.54 on Tuesday, hitting $30.28. The stock had a trading volume of 467,200 shares, compared to its average volume of 489,967. The business’s fifty day moving average price is $28.77 and its 200 day moving average price is $26.47. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.81 and a quick ratio of 0.81. Century Communities has a 52-week low of $9.04 and a 52-week high of $39.31. The stock has a market cap of $957.98 million, a price-to-earnings ratio of 7.99 and a beta of 1.93.

Century Communities (NYSE:CCS) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.16. Century Communities had a net margin of 4.68% and a return on equity of 12.68%. The business had revenue of $602.61 million during the quarter, compared to the consensus estimate of $536.90 million. As a group, sell-side analysts anticipate that Century Communities will post 3.55 EPS for the current year.

Century Communities Company Profile

Century Communities, Inc engages in the design, development, construction, marketing, and sale of single-family attached and detached homes in metropolitan areas in Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, and Washington.

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