James J. Filler Buys 300 Shares of Century Bancorp, Inc. (CNBKA) Stock
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%.
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.
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