IFP Advisors Inc boosted its position in shares of Capital City Bank Group (NASDAQ:CCBG) by 0.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,882 shares of the financial services provider’s stock after buying an additional 4 shares during the period. IFP Advisors Inc owned 0.07% of Capital City Bank Group worth $243,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. First Quadrant L P CA bought a new stake in shares of Capital City Bank Group during the second quarter valued at approximately $102,000. American International Group Inc. increased its stake in shares of Capital City Bank Group by 7.2% in the first quarter. American International Group Inc. now owns 6,779 shares of the financial services provider’s stock valued at $145,000 after buying an additional 453 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Capital City Bank Group during the fourth quarter valued at approximately $154,000. Acadian Asset Management LLC increased its stake in shares of Capital City Bank Group by 453.0% in the first quarter. Acadian Asset Management LLC now owns 7,554 shares of the financial services provider’s stock valued at $162,000 after buying an additional 6,188 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY bought a new stake in shares of Capital City Bank Group during the fourth quarter valued at approximately $172,000. 30.68% of the stock is owned by institutional investors.
Shares of Capital City Bank Group (NASDAQ CCBG) opened at 20.31 on Friday. Capital City Bank Group has a one year low of $13.73 and a one year high of $23.15. The company has a market cap of $344.54 million, a P/E ratio of 27.48 and a beta of 0.74. The company’s 50 day moving average is $20.93 and its 200 day moving average is $20.46.
Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Capital City Bank Group had a net margin of 9.27% and a return on equity of 4.49%. The company had revenue of $33.63 million during the quarter, compared to analyst estimates of $33.60 million. On average, equities analysts predict that Capital City Bank Group will post $0.82 earnings per share for the current year.
Several brokerages recently commented on CCBG. BidaskClub downgraded shares of Capital City Bank Group from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Hovde Group lifted their target price on shares of Capital City Bank Group from $22.50 to $23.00 and gave the stock a “market perform” rating in a report on Thursday, July 27th. Zacks Investment Research raised shares of Capital City Bank Group from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. Finally, Stephens reaffirmed a “hold” rating on shares of Capital City Bank Group in a report on Tuesday, April 25th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $23.00.
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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