Schneider Capital Management Corp maintained its position in shares of Colony Bankcorp, Inc. (NASDAQ:CBAN) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,272 shares of the financial services provider’s stock at the end of the second quarter. Schneider Capital Management Corp owned 0.12% of Colony Bankcorp worth $141,000 as of its most recent SEC filing.
Separately, Dimensional Fund Advisors LP boosted its position in shares of Colony Bankcorp by 0.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 113,253 shares of the financial services provider’s stock worth $1,552,000 after purchasing an additional 714 shares during the last quarter. Hedge funds and other institutional investors own 14.99% of the company’s stock.
Colony Bankcorp, Inc. (NASDAQ CBAN) traded up 2.67% on Friday, hitting $13.45. The stock had a trading volume of 471 shares. The company has a 50 day moving average of $13.41 and a 200 day moving average of $13.58. Colony Bankcorp, Inc. has a 12-month low of $9.45 and a 12-month high of $14.55. The company has a market capitalization of $113.50 million, a PE ratio of 14.31 and a beta of 1.05.
Colony Bankcorp (NASDAQ:CBAN) last issued its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.28 EPS for the quarter. The business had revenue of $12.21 million for the quarter. Colony Bankcorp had a net margin of 16.40% and a return on equity of 10.42%.
The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 1st were given a dividend of $0.025 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.10 dividend on an annualized basis and a yield of 0.76%. Colony Bankcorp’s dividend payout ratio (DPR) is currently 10.64%.
In other news, insider Terry L. Hester sold 2,500 shares of the stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $13.90, for a total transaction of $34,750.00. Following the transaction, the insider now owns 112,373 shares of the company’s stock, valued at approximately $1,561,984.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 13.07% of the company’s stock.
Separately, ValuEngine lowered Colony Bankcorp from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th.
Colony Bankcorp Company Profile
Colony Bankcorp, Inc (Colony) is a bank holding company. The Company operates through its subsidiary, Colony Bank (the Bank). The Bank offers traditional banking products and services to commercial and consumer customers in its markets. The Bank’s product line includes 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, consumer loans and a range of demand, savings and time deposit products, among others.
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