Century Communities, Inc. (CCS) Holdings Raised by Lyon Street Capital LLC

Lyon Street Capital LLC raised its stake in shares of Century Communities, Inc. (NYSE:CCS) by 110.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,670 shares of the construction company’s stock after buying an additional 78,711 shares during the quarter. Lyon Street Capital LLC owned about 0.54% of Century Communities worth $3,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allianz Asset Management GmbH grew its holdings in Century Communities by 6.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 85,324 shares of the construction company’s stock valued at $2,108,000 after buying an additional 5,179 shares in the last quarter. Signia Capital Management LLC grew its holdings in Century Communities by 1.9% during the 3rd quarter. Signia Capital Management LLC now owns 101,462 shares of the construction company’s stock valued at $2,506,000 after buying an additional 1,886 shares in the last quarter. Elk Creek Partners LLC grew its holdings in Century Communities by 24.5% during the 3rd quarter. Elk Creek Partners LLC now owns 391,838 shares of the construction company’s stock valued at $9,678,000 after buying an additional 77,035 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Century Communities by 32.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,178,696 shares of the construction company’s stock valued at $29,114,000 after buying an additional 285,856 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in Century Communities by 159.9% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 70,567 shares of the construction company’s stock valued at $1,744,000 after buying an additional 43,415 shares in the last quarter. 66.49% of the stock is owned by institutional investors and hedge funds.

Century Communities, Inc. (CCS) traded down $0.25 during mid-day trading on Wednesday, hitting $30.25. 223,400 shares of the company were exchanged, compared to its average volume of 190,842. Century Communities, Inc. has a 1 year low of $20.15 and a 1 year high of $31.90. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.87 and a current ratio of 0.87. The stock has a market capitalization of $840.98, a price-to-earnings ratio of 12.20 and a beta of 1.18.

Century Communities (NYSE:CCS) last posted its earnings results on Thursday, November 2nd. The construction company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.30. Century Communities had a net margin of 4.03% and a return on equity of 10.70%. The firm had revenue of $374.90 million during the quarter, compared to analyst estimates of $409.42 million. During the same period last year, the firm posted $0.63 earnings per share. Century Communities’s revenue for the quarter was up 51.1% compared to the same quarter last year. research analysts anticipate that Century Communities, Inc. will post 2.12 EPS for the current fiscal year.

A number of research firms recently weighed in on CCS. Citigroup reissued a “buy” rating and issued a $30.00 target price on shares of Century Communities in a report on Tuesday, August 8th. BidaskClub lowered shares of Century Communities from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. J P Morgan Chase & Co raised shares of Century Communities from a “neutral” rating to an “overweight” rating and raised their target price for the company from $28.00 to $32.00 in a report on Thursday, September 14th. Wedbush reissued an “outperform” rating on shares of Century Communities in a report on Saturday, September 16th. Finally, FBR & Co reissued a “buy” rating and issued a $30.00 target price on shares of Century Communities in a report on Tuesday, October 3rd. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Century Communities currently has an average rating of “Buy” and a consensus price target of $30.50.

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Century Communities Company Profile

Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.

Institutional Ownership by Quarter for Century Communities (NYSE:CCS)

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