Media headlines about Century Bancorp (NASDAQ:CNBKA) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Century Bancorp earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.1194568618901 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Century Bancorp (NASDAQ:CNBKA) traded down 0.76% during trading on Friday, hitting $65.00. 25,094 shares of the stock were exchanged. The stock’s 50 day moving average price is $65.78 and its 200-day moving average price is $63.19. Century Bancorp has a one year low of $43.65 and a one year high of $68.69. The company has a market cap of $361.86 million, a price-to-earnings ratio of 13.29 and a beta of 0.70.
Century Bancorp (NASDAQ:CNBKA) last announced its earnings results on Tuesday, July 11th. The bank reported $1.47 earnings per share for the quarter. Century Bancorp had a net margin of 22.46% and a return on equity of 11.18%. The firm had revenue of $26.40 million for the quarter. On average, analysts predict that Century Bancorp will post $2.31 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.74%. The ex-dividend date was Friday, July 28th. Century Bancorp’s payout ratio is currently 9.82%.
Separately, ValuEngine raised shares of Century Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
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In other news, major shareholder James J. Filler acquired 601 shares of the company’s stock in a transaction on Friday, June 2nd. The shares were bought at an average cost of $60.08 per share, with a total value of $36,108.08. Following the transaction, the insider now owns 562,556 shares in the company, valued at approximately $33,798,364.48. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder James J. Filler acquired 612 shares of the company’s stock in a transaction on Tuesday, May 23rd. The stock was purchased at an average cost of $59.07 per share, for a total transaction of $36,150.84. Following the completion of the transaction, the insider now owns 560,792 shares in the company, valued at approximately $33,125,983.44. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 18,220 shares of company stock worth $1,168,920. 36.91% of the stock is owned by insiders.
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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