James J. Filler Acquires 3,800 Shares of Century Bancorp Inc. (CNBKA) Stock
Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 3,800 shares of the business’s stock in a transaction dated Monday, October 17th. The stock was purchased at an average price of $45.09 per share, with a total value of $171,342.00. Following the completion of the acquisition, the insider now directly owns 537,021 shares in the company, valued at approximately $24,214,276.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.00 on Wednesday. The stock has a market capitalization of $250.52 million, a PE ratio of 10.59 and a beta of 0.62. The stock has a 50 day moving average price of $44.98 and a 200-day moving average price of $43.06. Century Bancorp Inc. has a 12-month low of $38.26 and a 12-month high of $45.95.
Century Bancorp (NASDAQ:CNBKA) last released its earnings results on Tuesday, October 11th. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a return on equity of 10.87% and a net margin of 21.53%. On average, equities analysts anticipate that Century Bancorp Inc. will post $2.31 earnings per share for the current fiscal 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 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 1.07%. 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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