Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 300 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were purchased at an average price of $84.46 per share, for a total transaction of $25,338.00. Following the completion of the purchase, the insider now directly owns 596,619 shares of the company’s stock, valued at approximately $50,390,440.74. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Century Bancorp, Inc. (NASDAQ:CNBKA) traded down $0.20 during mid-day trading on Friday, hitting $84.00. 27,729 shares of the company were exchanged, compared to its average volume of 5,808. The stock has a market capitalization of $467.63, a price-to-earnings ratio of 16.25 and a beta of 0.74. Century Bancorp, Inc. has a 12-month low of $53.35 and a 12-month high of $89.40. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.61 and a quick ratio of 0.61.

Century Bancorp (NASDAQ:CNBKA) last announced its quarterly earnings results on Tuesday, October 10th. The bank reported $1.44 EPS for the quarter. The company had revenue of $25.30 million for the quarter. Century Bancorp had a net margin of 23.11% and a return on equity of 11.47%.

Separately, ValuEngine lowered shares of Century Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

A number of institutional investors have recently made changes to their positions in CNBKA. Russell Investments Group Ltd. increased its stake in Century Bancorp by 21.3% in the second quarter. Russell Investments Group Ltd. now owns 15,951 shares of the bank’s stock valued at $1,014,000 after purchasing an additional 2,800 shares during the last quarter. Strs Ohio increased its stake in Century Bancorp by 2.5% in the second quarter. Strs Ohio now owns 8,100 shares of the bank’s stock valued at $515,000 after purchasing an additional 200 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in Century Bancorp in the second quarter valued at approximately $209,000. Boston Partners increased its stake in Century Bancorp by 4.3% in the second quarter. Boston Partners now owns 65,014 shares of the bank’s stock valued at $4,135,000 after purchasing an additional 2,700 shares during the last quarter. Finally, ClariVest Asset Management LLC increased its stake in Century Bancorp by 31.0% in the second quarter. ClariVest Asset Management LLC now owns 4,054 shares of the bank’s stock valued at $258,000 after purchasing an additional 960 shares during the last quarter. Institutional investors own 36.50% of the company’s stock.

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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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