Century Bancorp, Inc. (CNBKA) Major Shareholder James J. Filler Purchases 1,714 Shares
Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 1,714 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were acquired at an average price of $85.42 per share, with a total value of $146,409.88. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Century Bancorp, Inc. (NASDAQ:CNBKA) traded down $0.80 during midday trading on Friday, reaching $85.00. 5,298 shares of the company’s stock traded hands, compared to its average volume of 7,258. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.61 and a current ratio of 0.61. Century Bancorp, Inc. has a twelve month low of $53.35 and a twelve month high of $89.40. The firm has a market cap of $383.90, a PE ratio of 16.60 and a beta of 0.76.
Century Bancorp (NASDAQ:CNBKA) last announced its quarterly earnings data on Tuesday, October 10th. The bank reported $1.44 EPS for the quarter. Century Bancorp had a net margin of 23.11% and a return on equity of 11.47%. The business had revenue of $25.30 million during the quarter.
Separately, ValuEngine cut shares of Century Bancorp from a “buy” rating to a “hold” rating in a research note on Friday.
Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in shares of Century Bancorp by 10.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 133,337 shares of the bank’s stock valued at $10,680,000 after purchasing an additional 12,596 shares in the last quarter. Boston Partners increased its holdings in shares of Century Bancorp by 16.5% during the 3rd quarter. Boston Partners now owns 75,714 shares of the bank’s stock valued at $6,065,000 after purchasing an additional 10,700 shares in the last quarter. State Street Corp increased its holdings in shares of Century Bancorp by 3.7% during the 2nd quarter. State Street Corp now owns 57,755 shares of the bank’s stock valued at $3,667,000 after purchasing an additional 2,038 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Century Bancorp by 6.9% during the 2nd quarter. Northern Trust Corp now owns 50,905 shares of the bank’s stock valued at $3,237,000 after purchasing an additional 3,269 shares in the last quarter. Finally, Heartland Advisors Inc. increased its holdings in shares of Century Bancorp by 77.2% during the 2nd quarter. Heartland Advisors Inc. now owns 50,250 shares of the bank’s stock valued at $3,196,000 after purchasing an additional 21,886 shares in the last quarter. 36.50% of the stock is owned by hedge funds and other institutional investors.
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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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