Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 201 shares of the firm’s stock in a transaction dated Tuesday, July 25th. The stock was bought at an average cost of $66.60 per share, for a total transaction of $13,386.60. Following the acquisition, the insider now directly owns 570,052 shares in the company, valued at $37,965,463.20. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Century Bancorp, Inc. (NASDAQ CNBKA) traded up 0.15% during trading on Wednesday, hitting $67.00. 2,748 shares of the stock were exchanged. Century Bancorp, Inc. has a 52-week low of $43.31 and a 52-week high of $68.05. The stock has a market cap of $372.99 million, a PE ratio of 13.70 and a beta of 0.69. The firm has a 50 day moving average of $64.53 and a 200-day moving average of $62.43.

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

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

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A number of large investors have recently made changes to their positions in the company. Acadian Asset Management LLC boosted its stake in shares of Century Bancorp by 0.8% in the second quarter. Acadian Asset Management LLC now owns 15,136 shares of the bank’s stock valued at $961,000 after buying an additional 115 shares in the last quarter. Strs Ohio boosted its stake in shares of Century Bancorp by 2.5% in the second quarter. Strs Ohio now owns 8,100 shares of the bank’s stock valued at $515,000 after buying an additional 200 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of Century Bancorp by 21.3% in the second quarter. Russell Investments Group Ltd. now owns 15,951 shares of the bank’s stock valued at $1,014,000 after buying an additional 2,800 shares in the last quarter. Institutional investors own 36.66% of the company’s stock.

Separately, ValuEngine raised shares of Century Bancorp from a “hold” rating to a “buy” rating in a 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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