17,665 Shares in Capital City Bank Group, Inc. (NASDAQ:CCBG) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in Capital City Bank Group, Inc. (NASDAQ:CCBG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,665 shares of the financial services provider’s stock, valued at approximately $647,000. Proficio Capital Partners LLC owned about 0.10% of Capital City Bank Group at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in shares of Capital City Bank Group by 42.7% in the 4th quarter. Bank of New York Mellon Corp now owns 77,207 shares of the financial services provider’s stock worth $2,830,000 after purchasing an additional 23,113 shares during the period. Empowered Funds LLC lifted its holdings in Capital City Bank Group by 4.7% in the fourth quarter. Empowered Funds LLC now owns 25,964 shares of the financial services provider’s stock valued at $952,000 after buying an additional 1,155 shares during the period. Blue Trust Inc. boosted its position in Capital City Bank Group by 15.4% during the fourth quarter. Blue Trust Inc. now owns 4,838 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 645 shares during the last quarter. SG Americas Securities LLC grew its holdings in Capital City Bank Group by 72.2% during the 4th quarter. SG Americas Securities LLC now owns 8,997 shares of the financial services provider’s stock worth $330,000 after acquiring an additional 3,772 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Capital City Bank Group by 80.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 87,396 shares of the financial services provider’s stock worth $3,084,000 after acquiring an additional 38,876 shares during the period. Institutional investors and hedge funds own 44.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CCBG. StockNews.com lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Friday. Keefe, Bruyette & Woods increased their price target on Capital City Bank Group from $43.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday, January 31st.

Capital City Bank Group Trading Up 0.6 %

CCBG opened at $36.29 on Monday. The company has a market cap of $614.90 million, a P/E ratio of 11.63 and a beta of 0.54. The company has a fifty day moving average price of $36.39 and a two-hundred day moving average price of $36.26. 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 1-year low of $25.45 and a 1-year high of $40.86.

Capital City Bank Group (NASDAQ:CCBG) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. Capital City Bank Group had a return on equity of 11.45% and a net margin of 19.55%. Analysts predict that Capital City Bank Group, Inc. will post 3.06 EPS for the current fiscal year.

Capital City Bank Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 10th will be issued a $0.24 dividend. This is a boost from Capital City Bank Group’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Monday, March 10th. Capital City Bank Group’s dividend payout ratio (DPR) is currently 30.77%.

Capital City Bank Group 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.