Thomson Horstmann & Bryant Inc. Has $9.38 Million Position in Century Communities, Inc (CCS)

Thomson Horstmann & Bryant Inc. boosted its stake in shares of Century Communities, Inc (NYSE:CCS) by 17.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 301,453 shares of the construction company’s stock after purchasing an additional 45,341 shares during the period. Century Communities comprises about 1.2% of Thomson Horstmann & Bryant Inc.’s investment portfolio, making the stock its 26th biggest position. Thomson Horstmann & Bryant Inc.’s holdings in Century Communities were worth $9,375,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its position in Century Communities by 32.0% during the third quarter. Dimensional Fund Advisors LP now owns 1,178,696 shares of the construction company’s stock valued at $29,114,000 after purchasing an additional 285,856 shares in the last quarter. Boston Partners lifted its position in Century Communities by 107.5% during the third quarter. Boston Partners now owns 705,530 shares of the construction company’s stock valued at $17,427,000 after purchasing an additional 365,540 shares in the last quarter. Vanguard Group Inc. lifted its position in Century Communities by 10.0% during the second quarter. Vanguard Group Inc. now owns 701,673 shares of the construction company’s stock valued at $17,401,000 after purchasing an additional 63,732 shares in the last quarter. Peregrine Capital Management LLC lifted its position in Century Communities by 26.9% during the third quarter. Peregrine Capital Management LLC now owns 484,695 shares of the construction company’s stock valued at $11,972,000 after purchasing an additional 102,878 shares in the last quarter. Finally, Elk Creek Partners LLC lifted its position in shares of Century Communities by 24.5% in the third quarter. Elk Creek Partners LLC now owns 391,838 shares of the construction company’s stock valued at $9,678,000 after acquiring an additional 77,035 shares in the last quarter. Institutional investors own 66.30% of the company’s stock.

Several brokerages have recently commented on CCS. B. Riley restated a “buy” rating and issued a $41.00 price objective on shares of Century Communities in a research report on Wednesday, January 3rd. Zacks Investment Research upgraded Century Communities from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Wednesday, January 3rd. ValuEngine upgraded Century Communities from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Wedbush boosted their price objective on Century Communities from $34.00 to $42.00 and gave the company an “outperform” rating in a research report on Friday, December 29th. Finally, FBR & Co restated a “buy” rating and issued a $30.00 price objective on shares of Century Communities in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $35.17.

Shares of Century Communities, Inc (NYSE CCS) traded down $0.40 during trading on Wednesday, hitting $35.10. The stock had a trading volume of 422,300 shares, compared to its average volume of 436,200. Century Communities, Inc has a fifty-two week low of $20.30 and a fifty-two week high of $36.00. The stock has a market capitalization of $978.85, a P/E ratio of 16.56 and a beta of 1.17. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.19.

Century Communities (NYSE:CCS) last announced its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.30. Century Communities had a return on equity of 10.70% and a net margin of 4.03%. The business had revenue of $374.90 million for the quarter, compared to the consensus estimate of $409.42 million. During the same period in the previous year, the business earned $0.63 earnings per share. The business’s revenue was up 51.1% on a year-over-year basis. analysts forecast that Century Communities, Inc will post 2.12 earnings per share for the current year.

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Century Communities Company Profile

Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.

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Institutional Ownership by Quarter for Century Communities (NYSE:CCS)

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