James J. Filler Buys 1,200 Shares of Century Bancorp, Inc. (CNBKA) Stock
Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 1,200 shares of the business’s stock in a transaction on Friday, December 15th. The shares were purchased at an average price of $84.17 per share, with a total value of $101,004.00. Following the completion of the purchase, the insider now owns 596,619 shares in the company, valued at $50,217,421.23. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Century Bancorp, Inc. (NASDAQ:CNBKA) traded down $0.20 during trading on Friday, hitting $84.00. The company’s stock had a trading volume of 27,729 shares, compared to its average volume of 5,808. The company has a market cap of $467.63, a P/E ratio of 16.25 and a beta of 0.74. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.50. Century Bancorp, Inc. has a 1-year low of $53.35 and a 1-year high of $89.40.
Century Bancorp (NASDAQ:CNBKA) last announced its quarterly earnings data on Tuesday, October 10th. The bank reported $1.44 earnings per share (EPS) for the quarter. The company had revenue of $25.30 million during the quarter. Century Bancorp had a return on equity of 11.47% and a net margin of 23.11%.
Separately, ValuEngine downgraded Century Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
Several large investors have recently made changes to their positions in CNBKA. Heartland Advisors Inc. grew its stake in shares of Century Bancorp by 77.2% during the 2nd quarter. Heartland Advisors Inc. now owns 50,250 shares of the bank’s stock valued at $3,196,000 after acquiring an additional 21,886 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Century Bancorp by 10.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 133,337 shares of the bank’s stock valued at $10,680,000 after acquiring an additional 12,596 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Century Bancorp by 68.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 26,897 shares of the bank’s stock valued at $2,154,000 after acquiring an additional 10,946 shares during the period. Boston Partners grew its stake in shares of Century Bancorp by 16.5% during the 3rd quarter. Boston Partners now owns 75,714 shares of the bank’s stock valued at $6,065,000 after acquiring an additional 10,700 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. bought a new position in shares of Century Bancorp during the 3rd quarter valued at approximately $649,000. Institutional investors own 36.50% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “James J. Filler Buys 1,200 Shares of Century Bancorp, Inc. (CNBKA) Stock” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another website, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.watchlistnews.com/james-j-filler-buys-1200-shares-of-century-bancorp-inc-cnbka-stock/1769871.html.
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.
Receive News & Ratings for Century Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.