Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 200 shares of the stock in a transaction dated Tuesday, July 18th. The shares were purchased at an average price of $66.40 per share, for a total transaction of $13,280.00. Following the completion of the transaction, the insider now owns 569,072 shares of the company’s stock, valued at approximately $37,786,380.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Century Bancorp, Inc. (NASDAQ:CNBKA) traded up 0.60% during mid-day trading on Wednesday, hitting $66.75. The stock had a trading volume of 6,214 shares. Century Bancorp, Inc. has a one year low of $43.31 and a one year high of $68.05. The stock’s 50 day moving average price is $64.00 and its 200 day moving average price is $62.30. The firm has a market capitalization of $371.60 million, a price-to-earnings ratio of 13.64 and a beta of 0.69.

Century Bancorp (NASDAQ:CNBKA) last released its quarterly earnings results on Tuesday, July 11th. The bank reported $1.47 earnings per share for the quarter. The business had revenue of $26.40 million during the quarter. Century Bancorp had a return on equity of 11.35% and a net margin of 22.46%. Analysts forecast that Century Bancorp, Inc. will post $2.31 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, July 28th. This represents a $0.48 annualized dividend and a yield of 0.72%. Century Bancorp’s payout ratio is currently 9.82%.

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Separately, ValuEngine upgraded Century Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

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.

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

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