Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 793 shares of Century Bancorp stock in a transaction dated Friday, September 29th. The shares were bought at an average cost of $77.42 per share, for a total transaction of $61,394.06. Following the completion of the transaction, the insider now owns 579,978 shares of the company’s stock, valued at approximately $44,901,896.76. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Century Bancorp, Inc. (CNBKA) traded up 0.44% during trading on Friday, hitting $80.10. 11,389 shares of the stock were exchanged. The stock’s 50 day moving average price is $66.59 and its 200-day moving average price is $63.93. Century Bancorp, Inc. has a one year low of $44.55 and a one year high of $80.45. The company has a market cap of $445.92 million, a price-to-earnings ratio of 16.37 and a beta of 0.69.

Century Bancorp (NASDAQ:CNBKA) last released its quarterly earnings results on Tuesday, July 11th. The bank reported $1.47 earnings per share (EPS) for the quarter. The business had revenue of $26.40 million for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. On average, analysts predict that Century Bancorp, Inc. will post $2.31 EPS for the current year.

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Separately, ValuEngine raised shares of Century Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

Several institutional investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. raised its stake in shares of Century Bancorp by 1.4% in the 2nd quarter. Prudential Financial Inc. now owns 7,420 shares of the bank’s stock valued at $472,000 after acquiring an additional 100 shares during the period. Acadian Asset Management LLC raised its stake in shares of Century Bancorp by 0.8% in the 2nd quarter. Acadian Asset Management LLC now owns 15,136 shares of the bank’s stock valued at $961,000 after acquiring an additional 115 shares during the period. ZPR Investment Management raised 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 acquiring an additional 125 shares during the period. Strs Ohio raised its stake in shares of Century Bancorp by 2.5% in the 2nd quarter. Strs Ohio now owns 8,100 shares of the bank’s stock valued at $515,000 after acquiring an additional 200 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Century Bancorp by 4.2% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 9,850 shares of the bank’s stock valued at $626,000 after acquiring an additional 400 shares during the period. 36.54% of the stock is currently 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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