Century Bancorp, Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 367 shares of Century Bancorp stock in a transaction that occurred on Monday, November 20th. The stock was acquired at an average cost of $84.34 per share, with a total value of $30,952.78. Following the acquisition, the insider now directly owns 592,001 shares in the company, valued at approximately $49,929,364.34. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Century Bancorp, Inc. (NASDAQ:CNBKA) traded up $0.60 during midday trading on Thursday, reaching $87.00. The company had a trading volume of 11,000 shares, compared to its average volume of 7,493. The firm has a market cap of $480.99, a PE ratio of 16.71 and a beta of 0.76. Century Bancorp, Inc. has a 12 month low of $53.20 and a 12 month high of $89.40. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.50.

Century Bancorp (NASDAQ:CNBKA) last released its quarterly earnings results on Tuesday, October 10th. The bank reported $1.44 earnings per share for the quarter. The company had revenue of $25.30 million during the quarter. Century Bancorp had a return on equity of 11.47% and a net margin of 23.11%.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. Century Bancorp’s payout ratio is currently 9.28%.

Several institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its holdings in shares of Century Bancorp by 10.4% during the third quarter. Dimensional Fund Advisors LP now owns 133,337 shares of the bank’s stock valued at $10,680,000 after acquiring an additional 12,596 shares during the last quarter. Boston Partners raised its holdings in shares of Century Bancorp by 16.5% during the third quarter. Boston Partners now owns 75,714 shares of the bank’s stock valued at $6,065,000 after acquiring an additional 10,700 shares during the last quarter. State Street Corp raised its holdings in shares of Century Bancorp by 3.7% during the second quarter. State Street Corp now owns 57,755 shares of the bank’s stock valued at $3,667,000 after acquiring an additional 2,038 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Century Bancorp by 6.9% during the second quarter. Northern Trust Corp now owns 50,905 shares of the bank’s stock valued at $3,237,000 after acquiring an additional 3,269 shares during the last quarter. Finally, Heartland Advisors Inc. raised its holdings in shares of Century Bancorp by 77.2% during the second quarter. Heartland Advisors Inc. now owns 50,250 shares of the bank’s stock valued at $3,196,000 after acquiring an additional 21,886 shares during the last quarter. 36.50% of the stock is owned by institutional investors and hedge funds.

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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.

Insider Buying and Selling by Quarter for Century Bancorp (NASDAQ:CNBKA)

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