Century Communities, Inc (NYSE:CCS) was the target of unusually large options trading on Tuesday. Stock investors purchased 1,104 call options on the company. This is an increase of approximately 1,652% compared to the average daily volume of 63 call options.

A number of equities analysts have issued reports on the company. Zacks Investment Research raised Century Communities from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st. B. Riley reaffirmed a “buy” rating on shares of Century Communities in a report on Friday, November 3rd. FBR & Co reaffirmed a “buy” rating and issued a $30.00 target price on shares of Century Communities in a report on Tuesday, October 3rd. Wedbush reissued an “outperform” rating on shares of Century Communities in a research note on Saturday, September 16th. Finally, J P Morgan Chase & Co raised Century Communities from a “neutral” rating to an “overweight” rating and increased their price target for the company from $28.00 to $32.00 in a research note on Thursday, September 14th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $30.50.

Shares of Century Communities (NYSE:CCS) opened at $29.55 on Friday. The firm has a market capitalization of $812.02, a PE ratio of 11.78 and a beta of 1.18. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.87 and a quick ratio of 0.87. Century Communities has a one year low of $20.30 and a one year high of $31.90.

Century Communities (NYSE:CCS) last announced its earnings results on Thursday, November 2nd. The construction company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.43 by $0.30. Century Communities had a return on equity of 10.70% and a net margin of 4.03%. The company had revenue of $374.90 million for the quarter, compared to analyst estimates of $409.42 million. During the same quarter in the prior year, the company earned $0.63 EPS. The firm’s revenue for the quarter was up 51.1% compared to the same quarter last year. sell-side analysts expect that Century Communities will post 2.12 EPS for the current year.

Institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc boosted its position in shares of Century Communities by 6.9% during the 1st quarter. Legal & General Group Plc now owns 4,323 shares of the construction company’s stock valued at $110,000 after purchasing an additional 278 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Century Communities during the 3rd quarter valued at about $120,000. Alliancebernstein L.P. bought a new stake in shares of Century Communities during the 2nd quarter valued at about $216,000. Cubist Systematic Strategies LLC bought a new stake in shares of Century Communities during the 3rd quarter valued at about $224,000. Finally, Nordea Investment Management AB boosted its position in shares of Century Communities by 31.4% during the 2nd quarter. Nordea Investment Management AB now owns 9,200 shares of the construction company’s stock valued at $228,000 after purchasing an additional 2,200 shares in the last quarter. Institutional investors own 66.49% of the company’s stock.

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Century Communities Company Profile

Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.

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