November 28, 2016 - By Michael Collier
James Filler, major shareholder of Century Bancorp Inc, in an insider buying trade purchased some 512 shares whose value is estimated to be $26,979 at average stock price of $52.7. James is trying to increase his company’s share, same as he did in the last 30 days. He acquired another 1,445 shares worth $65,520 USD. Published November 28, 2016, you can learn more about the purchase by accessing the following source filing here. The chance of this trade remaining unseen is extremely low because it’s new, with the major shareholder now holding 539,906 shares – that is 10%+ of the company’s total stock market value.
Insitutional Activity: The institutional sentiment decreased to 1.09 in Q2 2016. Its down 0.31, from 1.4 in 2016Q1. The ratio dived, as 4 funds sold all Century Bancorp, Inc. shares owned while 16 reduced positions. 7 funds bought stakes while 21 increased positions. They now own 1.88 million shares or 1.54% less from 1.91 million shares in 2016Q1.
Teachers Advisors holds 5,106 shares or 0% of its portfolio. Wells Fargo & Commerce Mn last reported 3,056 shares in the company. Jacobs Asset Mngmt Ltd Limited Liability Company reported 166,510 shares or 2.11% of all its holdings. Boston owns 66,064 shares or 0% of their US portfolio. Invesco last reported 9,879 shares in the company. Citigroup accumulated 296 shares or 0% of the stock. Strs Ohio has 0% invested in the company for 8,400 shares. Clarivest Asset Mgmt Limited Liability Company has 3,446 shares for 0% of their US portfolio. California State Teachers Retirement System has 6,235 shares for 0% of their US portfolio. Minerva Advisors Ltd Llc has 36,113 shares for 1.01% of their US portfolio. Rbf Cap Limited Liability Com has 5,000 shares for 0.04% of their US portfolio. First Manhattan last reported 9,150 shares in the company. Axa holds 0% or 14,514 shares in its portfolio. Blackrock Institutional Tru Na owns 37,209 shares or 0% of their US portfolio. Bridgeway has 52,822 shares for 0.03% of their US portfolio.
Insider Transactions: Since May 31, 2016, the stock had 91 buys, and 0 insider sales for $720,350 net activity. $2,974 worth of Century Bancorp, Inc. (NASDAQ:CNBKA) shares were bought by Filler James J. Another trade for 4 shares valued at $181 was bought by EVANGELISTA PAUL A. 1 shares were bought by SLOANE BARRY R, worth $76. $3,223 worth of Century Bancorp, Inc. (NASDAQ:CNBKA) was bought by LEMLEY FRASER. WESTLING JON bought $6,553 worth of stock or 149 shares. Shares for $88 were bought by Delinsky Stephen R. Shares for $211 were bought by Feeney Brian J.
About 2,632 shares traded hands. Century Bancorp, Inc. (NASDAQ:CNBKA) has risen 23.26% since April 25, 2016 and is uptrending. It has outperformed by 17.24% the S&P500.
Century Bancorp, Inc. is a state-chartered bank holding company. The company has a market cap of $190.48 million. The Firm has a banking subsidiary: Century Bank and Trust Company . It has a 16.59 P/E ratio. The Firm offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals.
According to Zacks Investment Research, “Century Bancorp, Inc. is a bank holding company. They offer a wide range of services to commercial enterprises, state and local governments and agencies, and individuals. They make commercial loans, real estate and construction loans, consumer loans, and accepts savings, time, and demand deposits. In addition, they offer to their corporate customers automated lock box collection services, cash management services and account reconciliation services, and actively promotes the marketing of these services to the municipal market.”
Analysts await Century Bancorp, Inc. (NASDAQ:CNBKA) to report earnings on January, 17.
Century Bancorp, Inc., incorporated on January 7, 1972, is a state-chartered bank holding company. The Firm has a banking subsidiary: Century Bank and Trust Company (the Bank). The Firm offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. The Firm operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north. The Bank’s clients consist primarily of small and medium-sized businesses and retail clients in these communities and surrounding areas, as well as local governments and institutions throughout Massachusetts, New Hampshire, Rhode Island, Connecticut and New York.
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