Somewhat Positive News Coverage Somewhat Unlikely to Affect Century Bancorp (CNBKA) Stock Price
Press coverage about Century Bancorp (NASDAQ:CNBKA) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Century Bancorp earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 46.1535340812599 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Century Bancorp, Inc. (CNBKA) Major Shareholder James J. Filler Purchases 147 Shares (americanbankingnews.com)
- Century Bancorp, Inc. (CNBKA) Major Shareholder James J. Filler Purchases 211 Shares (americanbankingnews.com)
- Century Bancorp, Inc. (CNBKA) Major Shareholder James J. Filler Purchases 400 Shares (americanbankingnews.com)
- Insider Buying: Century Bancorp, Inc. (CNBKA) Major Shareholder Purchases 793 Shares of Stock (americanbankingnews.com)
- Peeling Back the Layers on Shares of Century Bancorp Inc (CNBKA) – AppsforPCdaily (appsforpcdaily.com)
Century Bancorp (NASDAQ CNBKA) traded up 0.44% on Friday, hitting $80.10. 11,389 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $66.59 and a 200-day moving average price of $63.93. Century Bancorp has a 52-week low of $44.55 and a 52-week high of $80.45. The stock has a market cap of $445.92 million, a P/E ratio of 16.37 and a beta of 0.69.
Century Bancorp (NASDAQ:CNBKA) last released its earnings results on Tuesday, July 11th. The bank reported $1.47 earnings per share for the quarter. The firm had revenue of $26.40 million for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. Analysts predict that Century Bancorp will post $2.31 earnings per share for the current fiscal year.
Separately, ValuEngine raised shares of Century Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
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In related news, major shareholder James J. Filler bought 3,719 shares of the stock in a transaction on Friday, August 11th. The shares were acquired at an average price of $65.22 per share, for a total transaction of $242,553.18. Following the purchase, the insider now owns 572,544 shares of the company’s stock, valued at $37,341,319.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder James J. Filler bought 400 shares of the stock in a transaction on Thursday, September 28th. The shares were bought at an average price of $78.73 per share, for a total transaction of $31,492.00. Following the purchase, the insider now directly owns 579,978 shares in the company, valued at approximately $45,661,667.94. The disclosure for this purchase can be found here. Insiders bought a total of 16,705 shares of company stock worth $1,114,419 over the last ninety days. Insiders own 36.91% of the company’s stock.
Century Bancorp Company Profile
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.
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