Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 226 shares of the firm’s stock in a transaction dated Thursday, July 20th. The stock was bought at an average cost of $66.33 per share, for a total transaction of $14,990.58. Following the purchase, the insider now directly owns 569,350 shares of the company’s stock, valued at $37,764,985.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Century Bancorp, Inc. (NASDAQ CNBKA) traded down 0.45% on Friday, hitting $66.30. The stock had a trading volume of 5,241 shares. The company has a 50 day moving average price of $64.19 and a 200-day moving average price of $62.33. The company has a market cap of $369.09 million, a price-to-earnings ratio of 13.55 and a beta of 0.69. Century Bancorp, Inc. has a 52-week low of $43.31 and a 52-week high of $68.05.

Century Bancorp (NASDAQ:CNBKA) last issued its earnings results on Tuesday, July 11th. The bank reported $1.47 EPS for the quarter. Century Bancorp had a return on equity of 13.06% and a net margin of 30.90%. The firm had revenue of $26.40 million for the quarter. On average, equities research analysts predict that Century Bancorp, Inc. will post $2.31 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, July 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.72%. Century Bancorp’s payout ratio is 9.82%.

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Separately, ValuEngine raised Century Bancorp from a “hold” rating to a “buy” rating in a research note 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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