Barclays PLC Has $845,000 Stake in Colony Bankcorp, Inc. (NASDAQ:CBAN)

Barclays PLC boosted its position in Colony Bankcorp, Inc. (NASDAQ:CBAN) by 49.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,484 shares of the financial services provider’s stock after buying an additional 18,048 shares during the period. Barclays PLC owned approximately 0.31% of Colony Bankcorp worth $845,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. De Lisle Partners LLP increased its position in shares of Colony Bankcorp by 105.8% during the third quarter. De Lisle Partners LLP now owns 68,087 shares of the financial services provider’s stock worth $1,058,000 after acquiring an additional 35,000 shares in the last quarter. Geode Capital Management LLC grew its position in Colony Bankcorp by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 363,547 shares of the financial services provider’s stock worth $5,643,000 after purchasing an additional 7,740 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Colony Bankcorp by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 46,458 shares of the financial services provider’s stock worth $721,000 after purchasing an additional 1,500 shares in the last quarter. State Street Corp grew its position in Colony Bankcorp by 7.6% in the 3rd quarter. State Street Corp now owns 253,507 shares of the financial services provider’s stock worth $3,934,000 after purchasing an additional 17,865 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Colony Bankcorp by 8.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 508,394 shares of the financial services provider’s stock worth $6,228,000 after purchasing an additional 38,457 shares in the last quarter. Institutional investors and hedge funds own 50.37% of the company’s stock.

Colony Bankcorp Trading Up 2.9 %

Shares of CBAN stock opened at $15.62 on Thursday. Colony Bankcorp, Inc. has a 52-week low of $10.33 and a 52-week high of $18.49. The company has a 50-day simple moving average of $16.75 and a two-hundred day simple moving average of $15.29. The company has a market capitalization of $273.77 million, a price-to-earnings ratio of 12.50 and a beta of 0.62. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.80 and a current ratio of 0.81.

Colony Bankcorp (NASDAQ:CBAN) last released its earnings results on Wednesday, October 23rd. The financial services provider reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. Colony Bankcorp had a net margin of 12.75% and a return on equity of 8.86%. The firm had revenue of $44.69 million during the quarter, compared to the consensus estimate of $28.67 million. During the same period in the prior year, the firm earned $0.34 EPS. Research analysts anticipate that Colony Bankcorp, Inc. will post 1.38 EPS for the current fiscal year.

Colony Bankcorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were paid a $0.112 dividend. This represents a $0.45 annualized dividend and a yield of 2.87%. The ex-dividend date was Wednesday, November 6th. Colony Bankcorp’s dividend payout ratio is presently 36.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Colony Bankcorp from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.

Colony Bankcorp Company Profile

Colony Bankcorp, Inc operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans.