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 company’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 completion of the sale, the treasurer now owns 127,717 shares of the company’s stock, valued at $3,214,636.89. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Capital City Bank Group, Inc. (NASDAQ CCBG) traded down $0.36 during midday trading on Monday, hitting $24.92. The stock had a trading volume of 16,800 shares, compared to its average volume of 24,225. The stock has a market cap of $422.79, a PE ratio of 29.67 and a beta of 0.66. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24. Capital City Bank Group, Inc. has a fifty-two week low of $17.68 and a fifty-two week high of $26.01.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.27 earnings per share for the quarter, topping 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 EPS for the current fiscal year.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in shares of Capital City Bank Group by 0.5% during the 2nd quarter. Wells Fargo & Company MN now owns 22,156 shares of the financial services provider’s stock worth $453,000 after purchasing an additional 101 shares during the period. Rhumbline Advisers lifted its stake in 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 worth $302,000 after acquiring an additional 155 shares in the last quarter. Alliancebernstein L.P. lifted its stake in 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 worth $340,000 after acquiring an additional 300 shares in the last quarter. American International Group Inc. lifted its stake in Capital City Bank Group by 7.2% during the 1st quarter. American International Group Inc. now owns 6,779 shares of the financial services provider’s stock worth $145,000 after acquiring an additional 453 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its stake in Capital City Bank Group by 1.3% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 42,487 shares of the financial services provider’s stock worth $868,000 after acquiring an additional 553 shares in the last quarter. Institutional investors and hedge funds own 32.24% of the company’s stock.

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

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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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