Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 500 shares of the company’s stock in a transaction on Friday, May 31st. The stock was purchased at an average cost of $89.59 per share, for a total transaction of $44,795.00. Following the completion of the transaction, the insider now directly owns 691,161 shares of the company’s stock, valued at approximately $61,921,113.99. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of NASDAQ CNBKA traded down $1.04 during trading on Monday, hitting $88.57. The company had a trading volume of 9,900 shares, compared to its average volume of 7,643. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.95. Century Bancorp, Inc. has a 12 month low of $65.15 and a 12 month high of $95.70. The company has a market capitalization of $498.86 million, a P/E ratio of 13.16 and a beta of 0.93.

Century Bancorp (NASDAQ:CNBKA) last posted its quarterly earnings data on Tuesday, April 9th. The bank reported $1.69 EPS for the quarter. Century Bancorp had a return on equity of 12.92% and a net margin of 23.53%. The firm had revenue of $27.87 million for the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.54%. The ex-dividend date was Tuesday, April 30th.

Separately, BidaskClub raised Century Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th.

Several hedge funds and other institutional investors have recently bought and sold shares of CNBKA. Oppenheimer & Co. Inc. raised its stake in shares of Century Bancorp by 9.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 15,525 shares of the bank’s stock worth $1,052,000 after buying an additional 1,300 shares during the period. Rhumbline Advisers raised its stake in Century Bancorp by 43.5% during the 4th quarter. Rhumbline Advisers now owns 4,051 shares of the bank’s stock valued at $274,000 after purchasing an additional 1,228 shares during the period. BlackRock Inc. raised its stake in Century Bancorp by 2.3% during the 4th quarter. BlackRock Inc. now owns 153,524 shares of the bank’s stock valued at $10,397,000 after purchasing an additional 3,489 shares during the period. Dimensional Fund Advisors LP raised its stake in Century Bancorp by 2.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 171,330 shares of the bank’s stock valued at $11,604,000 after purchasing an additional 4,364 shares during the period. Finally, SlateStone Wealth LLC bought a new stake in Century Bancorp during the 4th quarter valued at approximately $764,000. 33.94% of the stock is currently owned by hedge funds and other institutional investors.

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Century Bancorp Company Profile

Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.

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Insider Buying and Selling by Quarter for Century Bancorp (NASDAQ:CNBKA)

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