James J. Filler Purchases 300 Shares of Century Bancorp Inc. (CNBKA) Stock
Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 300 shares of the stock in a transaction dated Friday, October 14th. The stock was acquired at an average cost of $45.25 per share, with a total value of $13,575.00. Following the completion of the transaction, the insider now owns 533,221 shares in the company, valued at approximately $24,128,250.25. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Century Bancorp Inc. (NASDAQ:CNBKA) traded up 0.44% on Friday, hitting $45.31. The stock had a trading volume of 1,482 shares. The stock’s 50-day moving average is $44.88 and its 200-day moving average is $42.87. Century Bancorp Inc. has a 52-week low of $38.26 and a 52-week high of $45.72. The company has a market cap of $252.24 million, a P/E ratio of 10.66 and a beta of 0.62.
Century Bancorp (NASDAQ:CNBKA) last announced its earnings results on Tuesday, October 11th. The company reported $3.24 earnings per share (EPS) for the quarter. Century Bancorp had a net margin of 21.53% and a return on equity of 10.87%. Analysts expect that Century Bancorp Inc. will post $2.31 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 15th. Investors of record on Tuesday, November 1st will be given a $0.12 dividend. The ex-dividend date is Friday, October 28th. This represents a $0.48 annualized dividend and a yield of 1.06%. Century Bancorp’s dividend payout ratio (DPR) is presently 11.16%.
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.
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