Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 500 shares of the stock in a transaction on Monday, January 13th. The shares were acquired at an average cost of $90.27 per share, with a total value of $45,135.00. Following the transaction, the insider now directly owns 735,632 shares in the company, valued at $66,405,500.64. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

NASDAQ:CNBKA traded down $0.32 during trading hours on Thursday, hitting $90.38. The company had a trading volume of 590 shares, compared to its average volume of 8,627. The company has a market capitalization of $501.03 million, a PE ratio of 12.89 and a beta of 0.82. The stock has a 50-day moving average price of $88.97 and a 200 day moving average price of $86.40. Century Bancorp, Inc. has a 52 week low of $70.20 and a 52 week high of $95.70. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.58 and a quick ratio of 0.58.

A number of equities research analysts have recently weighed in on CNBKA shares. ValuEngine lowered Century Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. BidaskClub downgraded Century Bancorp from a “hold” rating to a “sell” rating in a report on Thursday.

A number of hedge funds and other institutional investors have recently modified their holdings of CNBKA. New England Research & Management Inc. raised its holdings in Century Bancorp by 8.2% in the fourth quarter. New England Research & Management Inc. now owns 5,249 shares of the bank’s stock worth $472,000 after purchasing an additional 400 shares in the last quarter. Metropolitan Life Insurance Co NY purchased a new stake in shares of Century Bancorp in the 3rd quarter worth approximately $91,000. State Street Corp grew its stake in shares of Century Bancorp by 4.3% in the 3rd quarter. State Street Corp now owns 55,385 shares of the bank’s stock worth $4,852,000 after buying an additional 2,283 shares during the last quarter. New World Advisors LLC purchased a new stake in shares of Century Bancorp in the 3rd quarter worth approximately $443,000. Finally, California Public Employees Retirement System grew its stake in shares of Century Bancorp by 4.7% in the 3rd quarter. California Public Employees Retirement System now owns 23,870 shares of the bank’s stock worth $2,091,000 after buying an additional 1,071 shares during the last quarter. Institutional investors and hedge funds own 33.90% of the company’s stock.

Century Bancorp Company Profile

Century Bancorp, Inc operates as a bank holding company for Century Bank and Trust Company that provides banking products and services. The company accepts savings accounts, NOW accounts, demand deposits, time deposits, and money market accounts, as well as cash management accounts. It offers single-family and multi-family residential loans, municipal loans, commercial and residential real estate loans, and various consumer loans, as well as provides loans for the construction of residential homes, multi-family properties, commercial real estate properties, and land development.

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

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