Universal Beteiligungs und Servicegesellschaft mbH Has $931,000 Stock Holdings in Century Communities, Inc. $CCS

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Century Communities, Inc. (NYSE:CCS) by 210.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,689 shares of the construction company’s stock after purchasing an additional 9,963 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Century Communities were worth $931,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. NorthCrest Asset Manangement LLC bought a new stake in shares of Century Communities during the 3rd quarter worth about $216,000. Nisa Investment Advisors LLC raised its holdings in Century Communities by 8.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,502 shares of the construction company’s stock valued at $159,000 after acquiring an additional 185 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Century Communities by 179.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 134,441 shares of the construction company’s stock worth $8,619,000 after acquiring an additional 86,341 shares during the last quarter. Deprince Race & Zollo Inc. bought a new stake in shares of Century Communities during the third quarter worth approximately $1,749,000. Finally, CWM LLC boosted its holdings in shares of Century Communities by 9.3% during the third quarter. CWM LLC now owns 17,453 shares of the construction company’s stock worth $1,106,000 after acquiring an additional 1,478 shares during the period. 99.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CCS. Citizens Jmp started coverage on Century Communities in a research note on Wednesday, January 21st. They set a “market outperform” rating and a $92.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Century Communities in a report on Wednesday, January 21st. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $56.00 price objective on shares of Century Communities in a research report on Thursday, December 4th. B. Riley reissued a “buy” rating on shares of Century Communities in a report on Thursday. Finally, Citigroup initiated coverage on shares of Century Communities in a research note on Wednesday, January 21st. They issued an “outperform” rating on the stock. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $76.50.

Century Communities Price Performance

Shares of NYSE CCS opened at $63.07 on Friday. The business has a fifty day moving average price of $63.10 and a two-hundred day moving average price of $62.54. The stock has a market capitalization of $1.85 billion, a PE ratio of 12.98 and a beta of 1.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.08 and a quick ratio of 0.54. Century Communities, Inc. has a fifty-two week low of $50.42 and a fifty-two week high of $78.05.

Century Communities (NYSE:CCS) last issued its quarterly earnings results on Wednesday, January 28th. The construction company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.20. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Century Communities had a return on equity of 6.87% and a net margin of 3.58%.Century Communities’s revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $3.54 earnings per share. As a group, equities analysts predict that Century Communities, Inc. will post 11.07 earnings per share for the current fiscal year.

Century Communities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 26th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, November 26th. Century Communities’s dividend payout ratio is 23.87%.

About Century Communities

Century Communities, Inc is a national homebuilder and land developer headquartered in Greenwood Village, Colorado. The company is engaged in the acquisition, development, construction and sale of single- and multi-family residential homes, offering a range of floor plans and design options to homebuyers. In addition to its core homebuilding activities, Century Communities provides ancillary services such as mortgage financing, title and closing services, and insurance products through its wholly owned subsidiaries, aiming to deliver a comprehensive homebuying experience.

Founded in 2009, Century Communities rapidly expanded through both organic growth and strategic land acquisitions, positioning itself in high-growth markets across the United States.