California State Teachers Retirement System boosted its stake in shares of Century Communities, Inc. (NYSE:CCS) by 2.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,670 shares of the construction company’s stock after purchasing an additional 700 shares during the quarter. California State Teachers Retirement System owned 0.14% of Century Communities worth $761,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in CCS. Legal & General Group Plc raised its stake in Century Communities by 6.9% during the 1st quarter. Legal & General Group Plc now owns 4,323 shares of the construction company’s stock valued at $110,000 after purchasing an additional 278 shares during the last quarter. Alliancebernstein L.P. acquired a new position in shares of Century Communities in the 2nd quarter valued at $216,000. Nordea Investment Management AB raised its stake in shares of Century Communities by 31.4% in the 2nd quarter. Nordea Investment Management AB now owns 9,200 shares of the construction company’s stock valued at $228,000 after buying an additional 2,200 shares in the last quarter. Virtu KCG Holdings LLC acquired a new position in shares of Century Communities in the 2nd quarter valued at $235,000. Finally, Voya Investment Management LLC raised its stake in shares of Century Communities by 12.2% in the 2nd quarter. Voya Investment Management LLC now owns 11,407 shares of the construction company’s stock valued at $283,000 after buying an additional 1,236 shares in the last quarter. Hedge funds and other institutional investors own 66.49% of the company’s stock.

Century Communities, Inc. (CCS) traded up $0.10 on Friday, hitting $31.35. 339,000 shares of the stock traded hands, compared to its average volume of 189,854. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.19. Century Communities, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $31.90. The company has a market cap of $845.12, a price-to-earnings ratio of 12.26 and a beta of 1.13.

Century Communities (NYSE:CCS) last posted its earnings results on Thursday, November 2nd. The construction company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.30. Century Communities had a net margin of 4.03% and a return on equity of 10.70%. The business had revenue of $374.90 million for the quarter, compared to analyst estimates of $409.42 million. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm’s quarterly revenue was up 51.1% compared to the same quarter last year. sell-side analysts predict that Century Communities, Inc. will post 2.12 EPS for the current fiscal year.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Century Communities from a “sell” rating to a “hold” rating in a research note on Tuesday, November 21st. B. Riley restated a “buy” rating on shares of Century Communities in a research note on Friday, November 3rd. FBR & Co restated a “buy” rating and issued a $30.00 price objective on shares of Century Communities in a research note on Tuesday, October 3rd. BidaskClub cut shares of Century Communities from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Finally, Citigroup restated a “buy” rating and issued a $30.00 price objective on shares of Century Communities in a research note on Tuesday, August 8th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Century Communities has an average rating of “Buy” and a consensus price target of $30.50.

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Century Communities 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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