Jane Street Group LLC Has $252,000 Position in Capital City Bank Group, Inc. (NASDAQ:CCBG)

Jane Street Group LLC lowered its holdings in Capital City Bank Group, Inc. (NASDAQ:CCBG) by 55.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,131 shares of the financial services provider’s stock after selling 9,008 shares during the quarter. Jane Street Group LLC’s holdings in Capital City Bank Group were worth $252,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. boosted 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 worth $148,000 after purchasing an additional 3,928 shares in the last quarter. SG Americas Securities LLC acquired a new position in Capital City Bank Group in the third quarter worth $184,000. FMR LLC boosted its stake in Capital City Bank Group by 48.5% in the third quarter. FMR LLC now owns 6,630 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 2,164 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in Capital City Bank Group in the third quarter worth $235,000. Finally, Princeton Capital Management LLC lifted its stake in shares of Capital City Bank Group by 7.0% during the third quarter. Princeton Capital Management LLC now owns 7,683 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 44.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. StockNews.com raised Capital City Bank Group from a “hold” rating to a “buy” rating in a research note on Monday, January 6th. Keefe, Bruyette & Woods upped their price target on Capital City Bank Group from $39.00 to $43.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.88.

Capital City Bank Group Trading Down 3.2 %

NASDAQ CCBG opened at $33.74 on Friday. The stock has a 50-day simple moving average of $37.78 and a 200 day simple moving average of $34.74. The company has a market capitalization of $571.69 million, a PE ratio of 11.06 and a beta of 0.56. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. Capital City Bank Group, Inc. has a 12 month low of $25.45 and a 12 month high of $40.86.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings data 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 the consensus estimate of $54.40 million. Capital City Bank Group had a return on equity of 11.29% and a net margin of 19.42%. Research analysts forecast that Capital City Bank Group, Inc. will post 3.05 EPS 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. Investors of record on Monday, December 9th were issued a $0.23 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.92 dividend on an annualized basis and a yield of 2.73%. Capital City Bank Group’s dividend payout ratio is presently 30.16%.

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.