Century Bancorp Inc. (NASDAQ:CNBKA) major shareholder James J. Filler purchased 300 shares of Century Bancorp stock in a transaction dated Friday, October 14th. The stock was bought at an average price of $45.25 per share, with a total value of $13,575.00. Following the completion of the purchase, the insider now directly owns 533,221 shares of the company’s stock, valued at $24,128,250.25. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Century Bancorp Inc. (NASDAQ:CNBKA) opened at 45.10 on Tuesday. The stock has a 50 day moving average of $44.95 and a 200-day moving average of $43.02. Century Bancorp Inc. has a 52 week low of $38.26 and a 52 week high of $45.95. The company has a market capitalization of $251.07 million, a price-to-earnings ratio of 10.61 and a beta of 0.62.
Century Bancorp (NASDAQ:CNBKA) last released its quarterly earnings data on Tuesday, October 11th. The company reported $3.24 earnings per share for the quarter. Century Bancorp had a net margin of 21.53% and a return on equity of 10.87%. On average, analysts anticipate that Century Bancorp Inc. will post $2.31 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Investors of record on Tuesday, November 1st will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Friday, October 28th. Century Bancorp’s dividend payout ratio (DPR) is presently 11.16%.
About Century Bancorp