November 30, 2016 - By Clifton Ray
James Filler, the well informed person, who acts as a major shareholder of Century Bancorp Inc invested in almost 64 shares of the corporation that are worth around $3,444 U.S Dollars which is based on a stock price of 53.8 U.S Dollars per each share. In the last 30 days, he also purchased 1,957 shares worth about $92,499 USD. The dated November 30, 2016 transaction’s document submitted with the Security Exchange Commission is freely available for public review here. James Filler today has ownership of 539,970 shares which are around 10%+ of the Massachusetts-based company’s market cap (total dollar market value of all company’s outstanding shares).
Insitutional Activity: The institutional sentiment decreased to 1.09 in Q2 2016. Its down 0.31, from 1.4 in 2016Q1. The ratio turned negative, 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.
Bnp Paribas Arbitrage Sa accumulated 116 shares or 0% of the stock. Pnc Financial Group Inc has 0% invested in the company for 37 shares. Manufacturers Life Insurance Company The last reported 466 shares in the company. Tiaa Cref Invest Mngmt Lc has invested 0% of its portfolio in Century Bancorp, Inc. (NASDAQ:CNBKA). Banc Funds Limited Liability Corp owns 83,688 shares or 0.21% of their US portfolio. The New York-based Cornerstone Limited Com has invested 0% in Century Bancorp, Inc. (NASDAQ:CNBKA). Daniel Devine Communication holds 15,323 shares or 0.44% of its portfolio. Denali Limited Liability Co has invested 0% of its portfolio in Century Bancorp, Inc. (NASDAQ:CNBKA). The New York-based Interest Group Inc has invested 0% in Century Bancorp, Inc. (NASDAQ:CNBKA). Teachers Advisors last reported 0% of its portfolio in the stock. California State Teachers Retirement Systems holds 6,235 shares or 0% of its portfolio. Jacobs Asset Ltd Liability Co owns 166,510 shares or 2.11% of their US portfolio. Axa holds 0% or 14,514 shares in its portfolio. Moreover, Morgan Stanley has 0% invested in Century Bancorp, Inc. (NASDAQ:CNBKA) for 14,127 shares. Northern Tru Corporation has 0% invested in the company for 43,754 shares.
Insider Transactions: Since May 31, 2016, the stock had 92 buys, and 0 insider sales for $747,329 net activity. Shares for $9,200 were bought by Filler James J on Wednesday, November 9. $90 worth of Century Bancorp, Inc. (NASDAQ:CNBKA) was bought by SLOANE BARRY R. $181 worth of Century Bancorp, Inc. (NASDAQ:CNBKA) was bought by EVANGELISTA PAUL A. The insider WESTLING JON bought 149 shares worth $6,553. $1,268 worth of shares were bought by Kay Linda Sloane on Friday, November 18. The insider LEMLEY FRASER bought 61 shares worth $3,223. 2 shares were bought by Delinsky Stephen R, worth $106 on Friday, November 18.
About 22,406 shares traded hands or 450.38% up from the average. Century Bancorp, Inc. (NASDAQ:CNBKA) has risen 23.90% since April 27, 2016 and is uptrending. It has outperformed by 18.67% the S&P500.
Century Bancorp, Inc. is a state-chartered bank holding company. The company has a market cap of $198.29 million. The Firm has a banking subsidiary: Century Bank and Trust Company . It has a 17.07 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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By Clifton Ray