Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 1,714 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were bought at an average cost of $85.42 per share, with a total value of $146,409.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Century Bancorp, Inc. (CNBKA) traded down $0.80 during mid-day trading on Friday, hitting $85.00. The stock had a trading volume of 5,298 shares, compared to its average volume of 7,498. Century Bancorp, Inc. has a 1 year low of $53.35 and a 1 year high of $89.40. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.61 and a current ratio of 0.61. The company has a market cap of $480.99, a price-to-earnings ratio of 16.71 and a beta of 0.76.
Century Bancorp (NASDAQ:CNBKA) last posted its quarterly earnings data on Tuesday, October 10th. The bank reported $1.44 earnings per share for the quarter. Century Bancorp had a return on equity of 11.47% and a net margin of 23.11%. The firm had revenue of $25.30 million during the quarter.
Several institutional investors and hedge funds have recently modified their holdings of CNBKA. Heartland Advisors Inc. grew its stake in shares of Century Bancorp by 77.2% in the 2nd 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. Dimensional Fund Advisors LP boosted its stake in Century Bancorp by 10.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 133,337 shares of the bank’s stock valued at $10,680,000 after purchasing an additional 12,596 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Century Bancorp by 68.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 26,897 shares of the bank’s stock valued at $2,154,000 after purchasing an additional 10,946 shares during the last quarter. Boston Partners boosted its stake in Century Bancorp by 16.5% during the 3rd quarter. Boston Partners now owns 75,714 shares of the bank’s stock valued at $6,065,000 after purchasing an additional 10,700 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. acquired a new position in Century Bancorp during the 3rd quarter valued at about $649,000. Institutional investors own 36.50% of the company’s stock.
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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.
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