Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 500 shares of the stock in a transaction that occurred on Wednesday, September 22nd. The shares were bought at an average price of $114.24 per share, for a total transaction of $57,120.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
NASDAQ CNBKA traded down $0.10 on Wednesday, hitting $114.23. 16,694 shares of the company traded hands, compared to its average volume of 14,294. The company has a market capitalization of $636.03 million, a price-to-earnings ratio of 14.44 and a beta of 1.02. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.40. The business’s 50 day moving average price is $114.43 and its 200-day moving average price is $111.31. Century Bancorp, Inc. has a 52-week low of $63.28 and a 52-week high of $121.32.
Century Bancorp (NASDAQ:CNBKA) last posted its quarterly earnings results on Tuesday, July 13th. The bank reported $1.94 EPS for the quarter. The business had revenue of $34.10 million for the quarter. Century Bancorp had a return on equity of 11.69% and a net margin of 26.98%.
Large investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. bought a new stake in Century Bancorp during the second quarter valued at about $34,000. BNP Paribas Arbitrage SA increased its holdings in shares of Century Bancorp by 53.4% in the first quarter. BNP Paribas Arbitrage SA now owns 1,172 shares of the bank’s stock worth $109,000 after purchasing an additional 408 shares during the last quarter. Ancora Advisors LLC bought a new stake in shares of Century Bancorp in the second quarter worth about $114,000. Trexquant Investment LP bought a new stake in shares of Century Bancorp in the first quarter worth about $202,000. Finally, Barclays PLC increased its holdings in shares of Century Bancorp by 159.9% in the first quarter. Barclays PLC now owns 2,339 shares of the bank’s stock worth $219,000 after purchasing an additional 1,439 shares during the last quarter. 33.43% of the stock is currently owned by institutional investors and hedge funds.
About Century Bancorp
Century Bancorp, Inc is a bank holding company, which engages in the provision of banking services to commercial enterprises, state and local governments and agencies, non-profit organizations, and individuals through its subsidiary Century Bank & Trust Co. It offers commercial loans, real estate and construction loans, and consumer loans; and accepts savings, time, and demand deposits.
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