Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 900 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The shares were purchased at an average cost of $85.27 per share, with a total value of $76,743.00. Following the completion of the purchase, the insider now owns 585,467 shares of the company’s stock, valued at approximately $49,922,771.09. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large 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. (CNBKA) traded up $1.05 during trading on Friday, reaching $85.10. The company had a trading volume of 6,140 shares, compared to its average volume of 10,645. The company has a market capitalization of $477.37 million, a P/E ratio of 16.59 and a beta of 0.76. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 1.93.

Century Bancorp (NASDAQ:CNBKA) last posted its quarterly earnings data on Tuesday, October 10th. The bank reported $1.44 earnings per share (EPS) for the quarter. The business had revenue of $25.30 million during the quarter. Century Bancorp had a return on equity of 11.65% and a net margin of 23.11%.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Tuesday, October 31st. Century Bancorp’s payout ratio is 9.28%.

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Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC bought a new stake in shares of Century Bancorp in the 2nd quarter valued at approximately $209,000. The Manufacturers Life Insurance Company lifted its stake in shares of Century Bancorp by 1,300.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,922 shares of the bank’s stock valued at $249,000 after purchasing an additional 3,642 shares during the last quarter. ClariVest Asset Management LLC lifted its stake in shares of Century Bancorp by 31.0% in the 2nd quarter. ClariVest Asset Management LLC now owns 4,054 shares of the bank’s stock valued at $258,000 after purchasing an additional 960 shares during the last quarter. ZPR Investment Management lifted its stake in shares of Century Bancorp by 2.7% in the 2nd quarter. ZPR Investment Management now owns 4,815 shares of the bank’s stock valued at $306,000 after purchasing an additional 125 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. lifted its stake in shares of Century Bancorp by 27.0% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 6,593 shares of the bank’s stock valued at $419,000 after purchasing an additional 1,400 shares during the last quarter. 36.58% of the stock is owned by institutional investors and hedge funds.

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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