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.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.56%. The ex-dividend date was Tuesday, October 31st. Century Bancorp’s payout ratio is 12.57%.

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.

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

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