Barclays PLC Acquires 17,022 Shares of Capital City Bank Group, Inc. (NASDAQ:CCBG)

Barclays PLC increased its holdings in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG - Free Report) by 46.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,402 shares of the financial services provider's stock after purchasing an additional 17,022 shares during the period. Barclays PLC owned approximately 0.32% of Capital City Bank Group worth $1,883,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Isthmus Partners LLC increased its holdings in Capital City Bank Group by 1.3% during the 2nd quarter. Isthmus Partners LLC now owns 108,929 shares of the financial services provider's stock worth $31,000 after purchasing an additional 1,346 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Capital City Bank Group by 1,482.3% during the third quarter. Blue Trust Inc. now owns 4,193 shares of the financial services provider's stock worth $148,000 after buying an additional 3,928 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Capital City Bank Group in the 3rd quarter valued at approximately $184,000. Princeton Capital Management LLC bought a new stake in Capital City Bank Group in the 2nd quarter valued at approximately $204,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in Capital City Bank Group in the 2nd quarter valued at approximately $211,000. 44.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods raised their price target on shares of Capital City Bank Group from $39.00 to $43.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. StockNews.com downgraded shares of Capital City Bank Group from a "buy" rating to a "hold" rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $36.80.

Capital City Bank Group Stock Performance

CCBG traded down $0.44 during trading hours on Friday, reaching $36.62. The company's stock had a trading volume of 32,902 shares, compared to its average volume of 31,460. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.84. The company's 50-day moving average is $37.67 and its 200-day moving average is $34.10. Capital City Bank Group, Inc. has a 52 week low of $25.45 and a 52 week high of $40.86. The firm has a market cap of $620.49 million, a PE ratio of 12.01 and a beta of 0.56.

Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last posted its earnings results on Tuesday, October 22nd. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.01. Capital City Bank Group had a net margin of 19.42% and a return on equity of 11.29%. The company had revenue of $68.84 million during the quarter, compared to analysts' expectations of $54.40 million. On average, equities analysts forecast that Capital City Bank Group, Inc. will post 3.05 EPS for the current year.

Capital City Bank Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Monday, December 9th. Capital City Bank Group's payout ratio is 30.16%.

Capital City Bank Group Company Profile

Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking- related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.