Capital City Bank Group, Inc. (CCBG) Treasurer Thomas A. Barron Sells 4,000 Shares

Capital City Bank Group, Inc. (NASDAQ:CCBG) Treasurer Thomas A. Barron sold 4,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $25.17, for a total value of $100,680.00. Following the completion of the sale, the treasurer now directly owns 127,717 shares of the company’s stock, valued at approximately $3,214,636.89. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Capital City Bank Group, Inc. (CCBG) opened at $25.11 on Tuesday. Capital City Bank Group, Inc. has a 52 week low of $17.68 and a 52 week high of $26.01. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $422.79, a PE ratio of 29.67 and a beta of 0.66.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Friday, December 1st. Capital City Bank Group’s payout ratio is 33.33%.

CCBG has been the subject of a number of recent research reports. Zacks Investment Research lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $23.00 target price on shares of Capital City Bank Group in a research note on Tuesday, October 3rd. BidaskClub lowered Capital City Bank Group from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 22nd. Finally, ValuEngine lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. Capital City Bank Group presently has an average rating of “Hold” and an average target price of $24.33.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Capital City Bank Group by 26.9% during the 1st quarter. Vanguard Group Inc. now owns 457,244 shares of the financial services provider’s stock valued at $9,781,000 after purchasing an additional 96,943 shares during the last quarter. Hillsdale Investment Management Inc. raised its position in Capital City Bank Group by 51.1% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 38,450 shares of the financial services provider’s stock valued at $923,000 after purchasing an additional 13,000 shares during the last quarter. Chicago Equity Partners LLC bought a new position in Capital City Bank Group during the 3rd quarter valued at approximately $293,000. Boston Partners raised its position in Capital City Bank Group by 74.4% during the 3rd quarter. Boston Partners now owns 129,200 shares of the financial services provider’s stock valued at $3,102,000 after purchasing an additional 55,100 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Capital City Bank Group by 2.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 293,518 shares of the financial services provider’s stock valued at $5,993,000 after purchasing an additional 7,400 shares during the last quarter. 32.24% of the stock is owned by institutional investors and hedge funds.

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Capital City Bank Group Company 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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