Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler acquired 300 shares of the firm’s stock in a transaction dated Friday, October 14th. The shares were purchased 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 owns 533,221 shares of the company’s stock, valued at $24,128,250.25. The acquisition was disclosed in a filing with the SEC, which is available 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.
Shares of Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.00 on Wednesday. The firm has a market capitalization of $250.52 million, a PE ratio of 10.59 and a beta of 0.62. Century Bancorp Inc. has a 52-week low of $38.26 and a 52-week high of $45.95. The stock’s 50 day moving average is $44.98 and its 200 day moving average is $43.06.
Century Bancorp (NASDAQ:CNBKA) last released 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 research analysts forecast that Century Bancorp Inc. will post $2.31 EPS for the current 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 paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, October 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.07%. Century Bancorp’s dividend payout ratio is presently 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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