James J. Filler Purchases 500 Shares of Century Bancorp Inc. (CNBKA) Stock
Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 500 shares of the firm’s stock in a transaction that occurred on Thursday, October 13th. The shares were purchased at an average cost of $45.18 per share, for a total transaction of $22,590.00. Following the completion of the transaction, the insider now owns 532,921 shares of the company’s stock, valued at $24,077,370.78. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.10 on Tuesday. The company’s 50-day moving average price is $44.95 and its 200-day moving average price is $43.02. The firm has a market capitalization of $251.07 million, a P/E ratio of 10.61 and a beta of 0.62. Century Bancorp Inc. has a 52-week low of $38.26 and a 52-week high of $45.95.
Century Bancorp (NASDAQ:CNBKA) last announced its earnings results on Tuesday, October 11th. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a net margin of 21.53% and a return on equity of 10.87%. On average, equities research analysts expect that Century Bancorp Inc. will post $2.31 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend 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%.
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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