Gratia Capital LLC Lifted Holding in Century Cmntys INC (CCS) by $3.77 Million

May 17, 2018 - By Melody Miller

Century Communities, Inc. (NYSE:CCS) Logo

Steve Pei increased its stake in Century Cmntys Inc (CCS) by 16.24% based on its latest 2017Q4 regulatory filing with the SEC. Gratia Capital Llc bought 121,628 shares as the company’s stock declined 0.83% with the market. The hedge fund run by Steve Pei held 870,554 shares of the capital goods company at the end of 2017Q4, valued at $27.07 million, up from 748,926 at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Century Cmntys Inc for a number of months, seems to be bullish on the $899.48M market cap company. The stock increased 0.67% or $0.2 during the last trading session, reaching $30.2. About 104,855 shares traded. Century Communities, Inc. (NYSE:CCS) has risen 20.81% since May 17, 2017 and is uptrending. It has outperformed by 9.26% the S&P500.

Gratia Capital Llc, which manages about $521.00M and $399.23 million US Long portfolio, decreased its stake in Altisource Residential Corp (NYSE:RESI) by 361,849 shares to 114,127 shares, valued at $1.35M in 2017Q4, according to the filing. It also reduced its holding in Foundation Bldg Matls Inc by 645,815 shares in the quarter, leaving it with 482,893 shares, and cut its stake in Century Cmntys Inc (Call) (NYSE:CCS).

Another recent and important Century Communities, Inc. (NYSE:CCS) news was published by which published an article titled: “Century Communities’ (CCS) CEO Dale Francescon on Q1 2018 Results – Earnings Call Transcript” on May 09, 2018.

Century Communities, Inc. (NYSE:CCS) Ratings Coverage

Among 4 analysts covering Century Communities Inc (NYSE:CCS), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Century Communities Inc had 5 analyst reports since December 29, 2017 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Thursday, February 15 report. FBR Capital maintained the stock with “Buy” rating in Wednesday, May 9 report. Wedbush maintained the shares of CCS in report on Friday, December 29 with “Outperform” rating.

Century Communities, Inc. (NYSE:CCS) Ratings Chart

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