Barclays PLC Has $1.88 Million Holdings in Capital City Bank Group, Inc. (NASDAQ:CCBG)

Barclays PLC raised its stake in Capital City Bank Group, Inc. (NASDAQ:CCBG) by 46.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 53,402 shares of the financial services provider’s stock after buying an additional 17,022 shares during the quarter. Barclays PLC owned 0.32% of Capital City Bank Group worth $1,883,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. lifted its stake in Capital City Bank Group by 1,482.3% in the third quarter. Blue Trust Inc. now owns 4,193 shares of the financial services provider’s stock valued at $148,000 after acquiring an additional 3,928 shares during the last quarter. SG Americas Securities LLC bought a new stake in Capital City Bank Group in the third quarter worth $184,000. FMR LLC raised its stake in shares of Capital City Bank Group by 48.5% in the 3rd quarter. FMR LLC now owns 6,630 shares of the financial services provider’s stock valued at $234,000 after acquiring an additional 2,164 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Capital City Bank Group in the 3rd quarter worth approximately $235,000. Finally, Princeton Capital Management LLC bought a new stake in Capital City Bank Group during the second quarter worth approximately $204,000. Hedge funds and other institutional investors own 44.59% of the company’s stock.

Capital City Bank Group Stock Up 0.5 %

CCBG stock opened at $37.06 on Friday. The business’s 50-day simple moving average is $37.65 and its 200 day simple moving average is $34.03. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.11. The company has a market cap of $627.94 million, a PE ratio of 12.15 and a beta of 0.56. Capital City Bank Group, Inc. has a twelve month low of $25.45 and a twelve month high of $40.86.

Capital City Bank Group (NASDAQ:CCBG) last issued its earnings results on Tuesday, October 22nd. The financial services provider reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.01. The business had revenue of $68.84 million during the quarter, compared to analyst estimates of $54.40 million. Capital City Bank Group had a return on equity of 11.29% and a net margin of 19.42%. On average, research analysts anticipate that Capital City Bank Group, Inc. will post 3.05 earnings per share for the current year.

Capital City Bank Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.92 annualized dividend and a dividend yield of 2.48%. Capital City Bank Group’s dividend payout ratio is currently 30.16%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. StockNews.com lowered shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a research note on Wednesday. Keefe, Bruyette & Woods lifted their price objective on Capital City Bank Group from $39.00 to $43.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $36.80.

Capital City Bank Group Company Profile

Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking- related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.