Shares of Capital City Bank Group (NASDAQ:CCBG) have earned an average recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $23.00.

Several research analysts have weighed in on CCBG shares. BidaskClub lowered Capital City Bank Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $23.00 price target on shares of Capital City Bank Group in a report on Tuesday. Finally, Hovde Group increased their price target on 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.

Capital City Bank Group (NASDAQ:CCBG) traded up 0.75% on Tuesday, hitting $24.18. 14,661 shares of the stock traded hands. Capital City Bank Group has a 12-month low of $14.29 and a 12-month high of $24.58. The company’s 50 day moving average price is $21.39 and its 200-day moving average price is $20.64. The stock has a market capitalization of $410.19 million, a P/E ratio of 32.72 and a beta of 0.67.

Capital City Bank Group (NASDAQ:CCBG) last announced its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $0.21 earnings per share for the quarter, hitting 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 for the quarter, compared to analysts’ expectations of $33.60 million. Analysts predict that Capital City Bank Group will post $0.82 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Shareholders of record on Tuesday, September 5th were paid a $0.07 dividend. This is an increase from Capital City Bank Group’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, August 31st. This represents a $0.28 annualized dividend and a dividend yield of 1.16%. Capital City Bank Group’s dividend payout ratio (DPR) is currently 37.84%.

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Several hedge funds have recently bought and sold shares of CCBG. State Street Corp grew its holdings in shares of Capital City Bank Group by 8.9% during the second quarter. State Street Corp now owns 227,241 shares of the financial services provider’s stock worth $4,639,000 after buying an additional 18,499 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Capital City Bank Group by 2.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 742,254 shares of the financial services provider’s stock valued at $15,157,000 after buying an additional 14,280 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Capital City Bank Group in the 2nd quarter valued at approximately $266,000. Vanguard Group Inc. raised its position in Capital City Bank Group by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 463,652 shares of the financial services provider’s stock valued at $9,467,000 after buying an additional 6,408 shares during the last quarter. Finally, Northern Trust Corp raised its position in Capital City Bank Group by 7.8% in the 2nd quarter. Northern Trust Corp now owns 136,180 shares of the financial services provider’s stock valued at $2,781,000 after buying an additional 9,905 shares during the last quarter. 31.39% of the stock is owned by institutional investors.

About Capital City Bank Group

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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