Century Bancorp, Inc. (CNBKA) Major Shareholder James J. Filler Purchases 200 Shares
Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 200 shares of the business’s stock in a transaction on Wednesday, September 13th. The stock was bought at an average price of $66.70 per share, with a total value of $13,340.00. Following the transaction, the insider now owns 579,631 shares in the company, valued at $38,661,387.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Century Bancorp, Inc. (NASDAQ:CNBKA) traded up 0.22% on Friday, hitting $67.15. 13,122 shares of the stock were exchanged. The company has a 50 day moving average of $66.41 and a 200 day moving average of $63.83. Century Bancorp, Inc. has a one year low of $44.55 and a one year high of $68.69. The stock has a market capitalization of $373.82 million, a P/E ratio of 13.73 and a beta of 0.69.
Century Bancorp (NASDAQ:CNBKA) last announced 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 11.18%. The business had revenue of $26.40 million during the quarter. On average, equities research analysts forecast that Century Bancorp, Inc. will post $2.31 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of CNBKA. Russell Investments Group Ltd. raised its position in Century Bancorp by 21.3% during the second quarter. Russell Investments Group Ltd. now owns 15,951 shares of the bank’s stock worth $1,014,000 after acquiring an additional 2,800 shares in the last quarter. Acadian Asset Management LLC raised its position in Century Bancorp by 0.8% during the second quarter. Acadian Asset Management LLC now owns 15,136 shares of the bank’s stock worth $961,000 after acquiring an additional 115 shares in the last quarter. Strs Ohio raised its position in Century Bancorp by 2.5% during the second quarter. Strs Ohio now owns 8,100 shares of the bank’s stock worth $515,000 after acquiring an additional 200 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in Century Bancorp during the second quarter worth $209,000. Finally, First Manhattan Co. raised its position in Century Bancorp by 96.8% during the second quarter. First Manhattan Co. now owns 12,400 shares of the bank’s stock worth $788,000 after acquiring an additional 6,100 shares in the last quarter. 36.54% of the stock is currently owned by hedge funds and other institutional investors.
Separately, ValuEngine upgraded 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.
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