American Century Companies Inc. Has $3.61 Million Holdings in Colony Bankcorp, Inc. $CBAN

American Century Companies Inc. raised its position in shares of Colony Bankcorp, Inc. (NASDAQ:CBAN) by 39.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 218,878 shares of the financial services provider’s stock after purchasing an additional 62,322 shares during the period. American Century Companies Inc.’s holdings in Colony Bankcorp were worth $3,605,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in shares of Colony Bankcorp by 211.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the financial services provider’s stock valued at $110,000 after purchasing an additional 4,534 shares during the last quarter. Jump Financial LLC bought a new position in Colony Bankcorp during the first quarter valued at about $169,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Colony Bankcorp in the first quarter worth about $237,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of Colony Bankcorp during the 2nd quarter worth about $373,000. Finally, Hsbc Holdings PLC increased its holdings in shares of Colony Bankcorp by 16.8% during the 1st quarter. Hsbc Holdings PLC now owns 28,000 shares of the financial services provider’s stock valued at $452,000 after acquiring an additional 4,029 shares during the last quarter. Institutional investors own 50.37% of the company’s stock.

Colony Bankcorp Stock Down 0.4%

Shares of Colony Bankcorp stock opened at $17.40 on Tuesday. Colony Bankcorp, Inc. has a 12-month low of $13.99 and a 12-month high of $18.41. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.90. The stock has a 50 day moving average price of $16.57 and a two-hundred day moving average price of $16.60. The stock has a market capitalization of $303.37 million, a P/E ratio of 12.89 and a beta of 0.66.

Colony Bankcorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, November 5th were paid a $0.115 dividend. The ex-dividend date was Wednesday, November 5th. This represents a $0.46 dividend on an annualized basis and a yield of 2.6%. Colony Bankcorp’s dividend payout ratio (DPR) is presently 28.93%.

About Colony Bankcorp

Colony Bankcorp, Inc operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans.