Nomura Holdings Inc. Has $813,000 Holdings in Century Communities, Inc. (NYSE:CCS)

Nomura Holdings Inc. increased its stake in shares of Century Communities, Inc. (NYSE:CCS) by 197.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,919 shares of the construction company’s stock after acquiring an additional 5,920 shares during the period. Nomura Holdings Inc.’s holdings in Century Communities were worth $813,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Daiwa Securities Group Inc. bought a new position in Century Communities during the 4th quarter worth about $36,000. GAMMA Investing LLC acquired a new stake in Century Communities in the 4th quarter valued at approximately $55,000. DekaBank Deutsche Girozentrale bought a new stake in Century Communities in the 4th quarter valued at approximately $107,000. Everence Capital Management Inc. acquired a new position in Century Communities during the 4th quarter worth approximately $210,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Century Communities during the 4th quarter worth approximately $215,000. 99.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wedbush upgraded shares of Century Communities from an “underperform” rating to a “neutral” rating and set a $82.00 price objective on the stock in a report on Friday, May 31st.

Century Communities Price Performance

NYSE:CCS opened at $80.24 on Friday. Century Communities, Inc. has a 52-week low of $58.01 and a 52-week high of $97.92. The company has a market cap of $2.55 billion, a P/E ratio of 8.91 and a beta of 1.82. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.20 and a current ratio of 1.20. The stock’s 50-day simple moving average is $82.78 and its 200 day simple moving average is $85.55.

Century Communities (NYSE:CCS) last posted its quarterly earnings results on Wednesday, April 24th. The construction company reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.67. The firm had revenue of $948.54 million during the quarter, compared to the consensus estimate of $791.67 million. Century Communities had a return on equity of 12.90% and a net margin of 7.47%. As a group, sell-side analysts forecast that Century Communities, Inc. will post 10.36 EPS for the current fiscal year.

Century Communities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 12th. Shareholders of record on Wednesday, May 29th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.30%. The ex-dividend date was Wednesday, May 29th. Century Communities’s dividend payout ratio (DPR) is currently 11.54%.

Century Communities Profile

Century Communities, Inc, together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and development of the underlying land; and provision of mortgage, title, and insurance services to its homebuyers.