Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 156 shares of the company’s stock in a transaction on Monday, July 27th. The stock was bought at an average cost of $73.92 per share, for a total transaction of $11,531.52. Following the completion of the acquisition, the insider now directly owns 829,333 shares of the company’s stock, valued at approximately $61,304,295.36. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Century Bancorp stock opened at $69.64 on Friday. The stock has a market cap of $387.69 million, a PE ratio of 9.55 and a beta of 1.10. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.58 and a current ratio of 0.58. Century Bancorp, Inc. has a one year low of $51.40 and a one year high of $93.49. The stock has a fifty day moving average of $74.00 and a 200 day moving average of $73.59.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Friday, July 31st. This is a boost from Century Bancorp’s previous quarterly dividend of $0.12.

A number of institutional investors have recently bought and sold shares of CNBKA. BNP Paribas Arbitrage SA grew its holdings in Century Bancorp by 36.2% during the first quarter. BNP Paribas Arbitrage SA now owns 876 shares of the bank’s stock valued at $55,000 after purchasing an additional 233 shares during the period. Capital Bank & Trust Co bought a new stake in Century Bancorp during the first quarter valued at about $64,000. Citigroup Inc. grew its holdings in Century Bancorp by 58.2% during the first quarter. Citigroup Inc. now owns 1,413 shares of the bank’s stock valued at $88,000 after purchasing an additional 520 shares during the period. SG Americas Securities LLC bought a new stake in Century Bancorp during the second quarter valued at about $117,000. Finally, Marshall Wace LLP grew its holdings in Century Bancorp by 31.9% during the fourth quarter. Marshall Wace LLP now owns 2,042 shares of the bank’s stock valued at $184,000 after purchasing an additional 494 shares during the period. Institutional investors own 33.12% of the company’s stock.

CNBKA has been the topic of several analyst reports. BidaskClub downgraded Century Bancorp from a “sell” rating to a “strong sell” rating in a report on Saturday. TheStreet upgraded Century Bancorp from a “c+” rating to a “b-” rating in a research report on Tuesday, June 16th.

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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