Shares of Century Communities Inc (NYSE:CCS) reached a new 52-week low during trading on Thursday . The company traded as low as $19.23 and last traded at $19.48, with a volume of 12626 shares trading hands. The stock had previously closed at $20.40.

A number of equities analysts have issued reports on CCS shares. Zacks Investment Research cut Century Communities from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. ValuEngine cut Century Communities from a “hold” rating to a “sell” rating in a report on Wednesday, August 8th. JPMorgan Chase & Co. cut Century Communities from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $38.50 to $31.50 in a report on Friday, September 21st. Finally, B. Riley lowered their target price on Century Communities from $45.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, November 7th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Century Communities currently has a consensus rating of “Hold” and a consensus price target of $34.50.

The firm has a market capitalization of $620.41 million, a PE ratio of 6.90 and a beta of 1.19. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.94.

Century Communities (NYSE:CCS) last released its earnings results on Tuesday, November 6th. The construction company reported $0.86 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.03). The firm had revenue of $552.90 million for the quarter, compared to the consensus estimate of $553.88 million. Century Communities had a return on equity of 14.49% and a net margin of 4.34%. Century Communities’s revenue for the quarter was up 47.5% on a year-over-year basis. During the same quarter last year, the company posted $0.73 EPS. As a group, equities analysts expect that Century Communities Inc will post 4.2 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Century Communities in the 2nd quarter valued at about $151,000. Bank of Montreal Can grew its holdings in shares of Century Communities by 8,812.7% in the 2nd quarter. Bank of Montreal Can now owns 5,615 shares of the construction company’s stock valued at $177,000 after acquiring an additional 5,552 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of Century Communities by 571.5% in the 3rd quarter. Quantbot Technologies LP now owns 7,568 shares of the construction company’s stock valued at $198,000 after acquiring an additional 6,441 shares in the last quarter. United Services Automobile Association bought a new position in shares of Century Communities in the 2nd quarter valued at about $270,000. Finally, Metropolitan Life Insurance Co. NY grew its holdings in shares of Century Communities by 36.3% in the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 8,551 shares of the construction company’s stock valued at $270,000 after acquiring an additional 2,279 shares in the last quarter. Institutional investors own 81.30% of the company’s stock.

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About Century Communities (NYSE:CCS)

Century Communities, Inc engages in the development, design, construction, marketing, and sale of single-family attached and detached homes in metropolitan areas in California, Colorado, Georgia, Nevada, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. It is also involved in the entitlement and development of the underlying land; and the provision of mortgage services and title services to its home buyers.

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