Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 900 shares of the business’s stock in a transaction on Friday, September 8th. The shares were purchased at an average cost of $65.94 per share, for a total transaction of $59,346.00. Following the completion of the transaction, the insider now owns 578,631 shares in the company, valued at approximately $38,154,928.14. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of Century Bancorp, Inc. (NASDAQ CNBKA) traded down 0.15% during mid-day trading on Friday, hitting $66.05. The stock had a trading volume of 10,433 shares. Century Bancorp, Inc. has a 52-week low of $44.35 and a 52-week high of $68.69. The company’s 50 day moving average is $66.42 and its 200-day moving average is $63.70. The stock has a market cap of $367.70 million, a P/E ratio of 13.50 and a beta of 0.69.

Century Bancorp (NASDAQ:CNBKA) last issued its quarterly earnings data on Tuesday, July 11th. The bank reported $1.47 earnings per share (EPS) for the quarter. The company had revenue of $26.40 million for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. On average, equities research analysts anticipate that Century Bancorp, Inc. will post $2.31 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.73%. The ex-dividend date was Friday, July 28th. 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 report on Friday, June 2nd.

Hedge funds have recently modified their holdings of the stock. ClariVest Asset Management LLC increased its holdings in Century Bancorp by 31.0% during the second quarter. ClariVest Asset Management LLC now owns 4,054 shares of the bank’s stock valued at $258,000 after buying an additional 960 shares during the period. Boston Partners increased its holdings in Century Bancorp by 4.3% during the second quarter. Boston Partners now owns 65,014 shares of the bank’s stock valued at $4,135,000 after buying an additional 2,700 shares during the period. First Manhattan Co. increased its holdings in Century Bancorp by 96.8% during the second quarter. First Manhattan Co. now owns 12,400 shares of the bank’s stock valued at $788,000 after buying an additional 6,100 shares during the period. Acadian Asset Management LLC increased its holdings in Century Bancorp by 0.8% during 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 during the period. Finally, Heartland Advisors Inc. increased its holdings in Century Bancorp by 77.2% during the second quarter. Heartland Advisors Inc. now owns 50,250 shares of the bank’s stock valued at $3,196,000 after buying an additional 21,886 shares during the period. 36.54% of the stock is currently owned by institutional investors.

About Century Bancorp

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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