Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 793 shares of Century Bancorp stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average cost of $77.42 per share, for a total transaction of $61,394.06. Following the transaction, the insider now directly owns 579,978 shares of the company’s stock, valued at $44,901,896.76. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Century Bancorp, Inc. (NASDAQ CNBKA) opened at 80.10 on Monday. Century Bancorp, Inc. has a one year low of $44.55 and a one year high of $81.10. The firm has a market capitalization of $445.92 million, a PE ratio of 16.37 and a beta of 0.73. The firm has a 50-day moving average price of $66.59 and a 200 day moving average price of $63.93.

Century Bancorp (NASDAQ:CNBKA) last posted its earnings results on Tuesday, July 11th. The bank reported $1.47 earnings per share for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. The firm had revenue of $26.40 million during the quarter. Analysts anticipate that Century Bancorp, Inc. will post $2.31 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC purchased a new position in Century Bancorp in the 2nd quarter valued at approximately $209,000. The Manufacturers Life Insurance Company raised its holdings in Century Bancorp by 1,300.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,922 shares of the bank’s stock valued at $249,000 after acquiring an additional 3,642 shares during the period. ClariVest Asset Management LLC raised its holdings in Century Bancorp by 31.0% during the 2nd quarter. ClariVest Asset Management LLC now owns 4,054 shares of the bank’s stock valued at $258,000 after acquiring an additional 960 shares during the period. ZPR Investment Management raised its holdings in Century Bancorp by 2.7% during the 2nd quarter. ZPR Investment Management now owns 4,815 shares of the bank’s stock valued at $306,000 after acquiring an additional 125 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. raised its holdings in Century Bancorp by 27.0% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 6,593 shares of the bank’s stock valued at $419,000 after acquiring an additional 1,400 shares during the period. 36.54% of the stock is owned by institutional investors.

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.

Insider Buying and Selling by Quarter for Century Bancorp (NASDAQ:CNBKA)

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