Capital City Bank Group, Inc. (CCBG) Shares Bought by State Street Corp

State Street Corp raised its stake in Capital City Bank Group, Inc. (NASDAQ:CCBG) by 8.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 227,241 shares of the financial services provider’s stock after purchasing an additional 18,499 shares during the quarter. State Street Corp owned about 1.34% of Capital City Bank Group worth $4,639,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Acadian Asset Management LLC lifted its holdings in shares of Capital City Bank Group by 19.0% during the 2nd quarter. Acadian Asset Management LLC now owns 8,992 shares of the financial services provider’s stock valued at $183,000 after acquiring an additional 1,438 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Capital City Bank Group during the 2nd quarter valued at $266,000. New York State Common Retirement Fund lifted its holdings in shares of Capital City Bank Group by 33.7% during the 2nd quarter. New York State Common Retirement Fund now owns 13,100 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 3,299 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Capital City Bank Group by 1.1% during the 2nd quarter. Rhumbline Advisers now owns 14,792 shares of the financial services provider’s stock valued at $302,000 after acquiring an additional 155 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Capital City Bank Group by 1.9% during the 1st quarter. Alliancebernstein L.P. now owns 15,900 shares of the financial services provider’s stock valued at $340,000 after acquiring an additional 300 shares in the last quarter. Institutional investors and hedge funds own 32.24% of the company’s stock.

Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Keefe, Bruyette & Woods restated a “hold” rating and set a $23.00 target price on shares of Capital City Bank Group in a report on Tuesday, October 3rd. ValuEngine lowered shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, BidaskClub lowered shares of Capital City Bank Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $24.33.

In other Capital City Bank Group news, Treasurer Thomas A. Barron sold 4,000 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $25.17, for a total value of $100,680.00. Following the transaction, the treasurer now owns 127,717 shares in the company, valued at approximately $3,214,636.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 26.17% of the company’s stock.

Capital City Bank Group, Inc. (NASDAQ CCBG) opened at $24.28 on Thursday. Capital City Bank Group, Inc. has a 1-year low of $17.68 and a 1-year high of $26.01. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $426.02, a price-to-earnings ratio of 29.89 and a beta of 0.66.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Capital City Bank Group had a net margin of 10.35% and a return on equity of 5.06%. The firm had revenue of $34.26 million for the quarter. equities analysts expect that Capital City Bank Group, Inc. will post 0.86 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.28 dividend on an annualized basis and a yield of 1.15%. Capital City Bank Group’s dividend payout ratio is currently 33.33%.

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Capital City Bank Group Profile

Capital City Bank Group, Inc is a financial holding company. The Company provides a range of banking and banking-related services to individual and corporate clients through its subsidiary, Capital City Bank (CCB or the Bank), with banking offices located in Florida, Georgia and Alabama. It operates through commercial banking segment with over four principal services, including Banking Services (CCB), Data Processing Services (Capital City Services Company), Trust and Asset Management Services (Capital City Trust Company) and Brokerage Services (Capital City Banc Investments, Inc).

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Institutional Ownership by Quarter for Capital City Bank Group (NASDAQ:CCBG)

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