Royce & Associates LP held its position in shares of Capital City Bank Group (NASDAQ:CCBG) during the second quarter, Holdings Channel reports. The fund owned 29,822 shares of the financial services provider’s stock at the end of the second quarter. Royce & Associates LP owned 0.18% of Capital City Bank Group worth $415,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Chartwell Investment Partners LLC acquired a new stake in Capital City Bank Group during the second quarter worth about $1,208,000. Emerald Acquisition Ltd. acquired a new stake in Capital City Bank Group during the second quarter worth about $104,000. Bank of New York Mellon Corp increased its stake in Capital City Bank Group by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 53,196 shares of the financial services provider’s stock worth $740,000 after buying an additional 375 shares during the last quarter. Foundry Partners LLC increased its stake in Capital City Bank Group by 0.3% in the second quarter. Foundry Partners LLC now owns 208,925 shares of the financial services provider’s stock worth $2,908,000 after buying an additional 625 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Capital City Bank Group by 0.4% in the first quarter. Geode Capital Management LLC now owns 66,700 shares of the financial services provider’s stock worth $973,000 after buying an additional 233 shares during the last quarter. Hedge funds and other institutional investors own 29.00% of the company’s stock.
Capital City Bank Group (NASDAQ:CCBG) traded up 0.66% during midday trading on Thursday, reaching $15.23. 8,406 shares of the company were exchanged. The stock has a market capitalization of $255.91 million, a P/E ratio of 26.72 and a beta of 0.47. Capital City Bank Group has a 52 week low of $12.83 and a 52 week high of $16.05. The firm’s 50 day moving average price is $14.28 and its 200-day moving average price is $14.57.
Capital City Bank Group (NASDAQ:CCBG) last posted its earnings results on Tuesday, July 26th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.05. Capital City Bank Group had a net margin of 7.30% and a return on equity of 3.59%. Equities analysts forecast that Capital City Bank Group will post $0.63 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 20th. Stockholders of record on Tuesday, September 6th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Thursday, September 1st. Capital City Bank Group’s dividend payout ratio (DPR) is 28.07%.
Separately, Zacks Investment Research downgraded shares of Capital City Bank Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 28th.
In other news, Director Allan G. Bense bought 10,000 shares of the business’s stock in a transaction dated Wednesday, August 3rd. The stock was purchased at an average cost of $13.76 per share, with a total value of $137,600.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 25.23% of the company’s stock.
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 (the Bank), with banking offices located in Florida, Georgia and Alabama. The Company operates through commercial banking segment with over four principal services, including Banking Services, Data Processing Services, Trust and Asset Management Services, and Brokerage Services.
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