Heartland Value Plus Fund highlighted Century Communities as a non-AI holding trading at a historically low valuation of 0.81 times book value, arguing that even small improvements in housing demand could provide meaningful upside. The fund noted that patient capital has driven multiple takeovers in the homebuilding space, including Berkshire Hathaway's acquisition of Taylor Morrison at 1.1 times book value and Sumitomo's purchase of Tri Pointe Homes at 1.2 times book value. Century Communities, a Denver-based builder of single-family homes, continues to buy back stock and grow its dividend, meeting two of the fund's three capital allocation signals. Shares of Century Communities closed at $65.28 on July 14, 2026, with a market capitalization of $1.88 billion.
Century Communities IncFund highlights that even small improvements in housing demand could provide meaningful upside for Century Communities.
Taylor Morn Home
Sumitomo Corporation
Berkshire Hathaway Inc