Highbridge Capital Management LLC acquired a new stake in Century Communities, Inc (NYSE:CCS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,716 shares of the construction company’s stock, valued at approximately $413,000. Highbridge Capital Management LLC owned approximately 0.06% of Century Communities as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Boston Partners increased its holdings in Century Communities by 107.5% during the 3rd 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 in the last quarter. Dimensional Fund Advisors LP increased its holdings in Century Communities by 32.0% during the 3rd 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 in the last quarter. Alpine Woods Capital Investors LLC bought a new position in Century Communities during the 3rd quarter worth about $3,705,000. Peregrine Capital Management LLC increased its holdings in Century Communities by 26.9% during the 3rd quarter. Peregrine Capital Management LLC now owns 484,695 shares of the construction company’s stock worth $11,972,000 after purchasing an additional 102,878 shares in the last quarter. Finally, Lyon Street Capital LLC increased its holdings in Century Communities by 110.9% during the 3rd quarter. Lyon Street Capital LLC now owns 149,670 shares of the construction company’s stock worth $3,697,000 after purchasing an additional 78,711 shares in the last quarter. Institutional investors and hedge funds own 66.49% of the company’s stock.

Century Communities, Inc (NYSE:CCS) opened at $29.55 on Monday. Century Communities, Inc has a one year low of $20.30 and a one year high of $31.90. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $812.02, a PE ratio of 11.78 and a beta of 1.18.

Century Communities (NYSE:CCS) last posted its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.73 EPS for the quarter, topping the Zacks’ 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 company had revenue of $374.90 million during the quarter, compared to the consensus estimate of $409.42 million. During the same period in the prior year, the business posted $0.63 EPS. The company’s quarterly revenue was up 51.1% on a year-over-year basis. research analysts anticipate that Century Communities, Inc will post 2.12 earnings per share for the current year.

CCS has been the subject of a number of research reports. B. Riley reiterated a “buy” rating on shares of Century Communities in a report on Friday, November 3rd. FBR & Co reiterated a “buy” rating and set a $30.00 target price on shares of Century Communities in a report on Tuesday, October 3rd. Zacks Investment Research upgraded Century Communities from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st. Wedbush restated an “outperform” rating on shares of Century Communities in a research note on Saturday, September 16th. Finally, J P Morgan Chase & Co upgraded shares of Century Communities from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $28.00 to $32.00 in a research note on Thursday, September 14th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $30.50.

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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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Institutional Ownership by Quarter for Century Communities (NYSE:CCS)

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