TD Asset Management Inc Has $645,000 Stock Position in Century Communities, Inc. (NYSE:CCS)

TD Asset Management Inc raised its holdings in Century Communities, Inc. (NYSE:CCS – Get Rating) by 53.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 12,900 shares of the construction company’s stock after acquiring an additional 4,500 shares during the quarter. TD Asset Management Inc’s holdings in Century Communities were worth $645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Paragon Wealth Strategies LLC acquired a new stake in shares of Century Communities during the third quarter worth $25,000. Exchange Traded Concepts LLC increased its position in shares of Century Communities by 381.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 978 shares of the construction company’s stock worth $49,000 after buying an additional 775 shares during the period. Wipfli Financial Advisors LLC acquired a new stake in shares of Century Communities during the third quarter worth $50,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Century Communities during the third quarter worth $90,000. Finally, Alpha Paradigm Partners LLC acquired a new stake in shares of Century Communities during the third quarter worth $120,000. 88.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CCS shares. StockNews.com started coverage on shares of Century Communities in a report on Thursday, March 16th. They issued a “hold” rating for the company. B. Riley raised their price target on shares of Century Communities from $49.00 to $56.00 and gave the stock a “neutral” rating in a report on Thursday, February 2nd. Finally, Wedbush restated an “outperform” rating and issued a $70.00 price target on shares of Century Communities in a report on Wednesday, April 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $56.50.

Insider Buying and Selling at Century Communities

In other Century Communities news, CFO John Scott Dixon sold 3,173 shares of the business’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $66.72, for a total value of $211,702.56. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CEO Robert J. Francescon sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $64.05, for a total transaction of $1,601,250.00. Following the sale, the chief executive officer now directly owns 549,561 shares in the company, valued at approximately $35,199,382.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John Scott Dixon sold 3,173 shares of the company’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $66.72, for a total transaction of $211,702.56. The disclosure for this sale can be found here. Corporate insiders own 11.90% of the company’s stock.

Century Communities Trading Up 0.6 %

NYSE:CCS opened at $67.36 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a 50-day moving average of $62.40 and a 200-day moving average of $56.54. The company has a market cap of $2.16 billion, a PE ratio of 5.29 and a beta of 1.74. Century Communities, Inc. has a one year low of $39.00 and a one year high of $67.80.

Century Communities (NYSE:CCS – Get Rating) last issued its quarterly earnings data on Wednesday, April 26th. The construction company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.29. Century Communities had a net margin of 9.80% and a return on equity of 20.31%. The business had revenue of $735.60 million during the quarter, compared to the consensus estimate of $595.35 million. During the same period in the prior year, the firm posted $4.20 EPS. The firm’s quarterly revenue was down 25.6% compared to the same quarter last year. As a group, equities research analysts expect that Century Communities, Inc. will post 4.83 EPS for the current fiscal year.

About Century Communities

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Century Communities, Inc engages in the development, design, construction, marketing and sale of single-family attached and detached homes. It operates through the following segments: West, Mountain, Texas, Southeast, Century Complete, and Financial Services. The West segment refers to projects in California and Washington.