James J. Filler Purchases 300 Shares of Century Bancorp Inc. (CNBKA) Stock
Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler bought 300 shares of the business’s stock in a transaction that occurred on Friday, October 14th. The stock was bought at an average price of $45.25 per share, with a total value of $13,575.00. Following the completion of the transaction, the insider now directly owns 533,221 shares of the company’s stock, valued at approximately $24,128,250.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Century Bancorp Inc. (NASDAQ:CNBKA) traded up 0.44% during mid-day trading on Friday, reaching $45.31. 1,482 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $44.88 and its 200 day moving average price is $42.87. Century Bancorp Inc. has a one year low of $38.26 and a one year high of $45.72. The firm has a market cap of $252.24 million, a price-to-earnings ratio of 10.66 and a beta of 0.62.
Century Bancorp (NASDAQ:CNBKA) last issued its quarterly earnings results on Tuesday, October 11th. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a net margin of 21.53% and a return on equity of 10.87%. On average, equities analysts forecast that Century Bancorp Inc. will post $2.31 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 1st will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Friday, October 28th. Century Bancorp’s dividend payout ratio is presently 11.16%.
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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