HAP Trading LLC Takes Position in Century Communities, Inc (CCS)
HAP Trading LLC purchased a new stake in Century Communities, Inc (NYSE:CCS) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 26,745 shares of the construction company’s stock, valued at approximately $832,000.
Several other large investors have also modified their holdings of CCS. Hodges Capital Management Inc. acquired a new stake in shares of Century Communities during the fourth quarter worth $32,024,000. UBS Asset Management Americas Inc. acquired a new stake in shares of Century Communities during the fourth quarter worth $12,918,000. Boston Partners raised its holdings in shares of Century Communities by 107.5% during the third quarter. Boston Partners now owns 705,530 shares of the construction company’s stock worth $17,427,000 after purchasing an additional 365,540 shares during the period. BlackRock Inc. raised its holdings in shares of Century Communities by 14.6% during the fourth quarter. BlackRock Inc. now owns 2,276,323 shares of the construction company’s stock worth $70,794,000 after purchasing an additional 290,340 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of 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 worth $29,114,000 after purchasing an additional 285,856 shares during the period. 75.98% of the stock is currently owned by institutional investors.
Shares of Century Communities, Inc (NYSE:CCS) opened at $32.50 on Tuesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.87 and a quick ratio of 0.87. Century Communities, Inc has a twelve month low of $21.90 and a twelve month high of $36.00. The firm has a market cap of $958.84, a PE ratio of 11.61 and a beta of 1.11.
A number of analysts have weighed in on CCS shares. B. Riley reissued a “buy” rating on shares of Century Communities in a report on Friday, November 3rd. Zacks Investment Research raised shares of Century Communities from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st. Wedbush increased their target price on shares of Century Communities from $34.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, December 29th. ValuEngine raised shares of Century Communities from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, Deutsche Bank increased their price objective on shares of Century Communities from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $36.64.
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About Century Communities
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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