James J. Filler Purchases 500 Shares of Century Bancorp Inc. (CNBKA) Stock
Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 500 shares of the business’s stock in a transaction on Thursday, October 13th. The shares were acquired at an average cost of $45.18 per share, for a total transaction of $22,590.00. Following the completion of the transaction, the insider now directly owns 532,921 shares in the company, valued at $24,077,370.78. The purchase was disclosed in a filing with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.10 on Tuesday. Century Bancorp Inc. has a one year low of $38.26 and a one year high of $45.95. The company has a market capitalization of $251.07 million, a PE ratio of 10.61 and a beta of 0.62. The stock has a 50 day moving average of $44.95 and a 200-day moving average of $43.02.
Century Bancorp (NASDAQ:CNBKA) last posted its quarterly earnings results on Tuesday, October 11th. The company reported $3.24 EPS 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 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Friday, October 28th. Century Bancorp’s payout ratio is 11.16%.
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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