Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 200 shares of Century Bancorp stock in a transaction that occurred on Wednesday, January 10th. The stock was bought at an average price of $78.15 per share, for a total transaction of $15,630.00. Following the completion of the acquisition, the insider now owns 604,920 shares in the company, valued at approximately $47,274,498. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Century Bancorp, Inc. (NASDAQ CNBKA) traded up $0.30 during trading hours on Friday, reaching $80.70. 4,617 shares of the company’s stock were exchanged, compared to its average volume of 5,648. 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 capitalization of $449.26, a price-to-earnings ratio of 15.61 and a beta of 0.75. Century Bancorp, Inc. has a one year low of $53.35 and a one year high of $89.40.

Several brokerages recently issued reports on CNBKA. ValuEngine lowered shares of Century Bancorp from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub lowered shares of Century Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday.

A number of large investors have recently modified their holdings of the business. Cornerstone Capital Management Holdings LLC. increased its stake in Century Bancorp by 60.7% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 10,593 shares of the bank’s stock worth $848,000 after purchasing an additional 4,000 shares during the period. Dimensional Fund Advisors LP increased its stake in Century Bancorp by 10.4% during the third quarter. Dimensional Fund Advisors LP now owns 133,337 shares of the bank’s stock worth $10,680,000 after purchasing an additional 12,596 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Century Bancorp by 107.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 11,413 shares of the bank’s stock worth $915,000 after purchasing an additional 5,913 shares during the period. Wells Fargo & Company MN increased its stake in Century Bancorp by 54.2% during the third quarter. Wells Fargo & Company MN now owns 3,540 shares of the bank’s stock worth $283,000 after purchasing an additional 1,244 shares during the period. Finally, ClariVest Asset Management LLC increased its stake in Century Bancorp by 26.1% during the third quarter. ClariVest Asset Management LLC now owns 5,111 shares of the bank’s stock worth $409,000 after purchasing an additional 1,057 shares during the period. Institutional investors own 36.50% of the company’s stock.

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About Century Bancorp

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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