Capital City Bank Group (NASDAQ:CCBG) Sees Strong Trading Volume - What's Next?

Shares of Capital City Bank Group, Inc. (NASDAQ:CCBG - Get Free Report) saw strong trading volume on Monday . 18,291 shares traded hands during trading, a decline of 27% from the previous session's volume of 25,153 shares.The stock last traded at $37.80 and had previously closed at $38.15.

Analyst Ratings Changes

Several equities research analysts have weighed in on CCBG shares. Keefe, Bruyette & Woods increased their target price on Capital City Bank Group from $43.00 to $44.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. StockNews.com upgraded Capital City Bank Group from a "hold" rating to a "buy" rating in a report on Saturday, February 1st.

Capital City Bank Group Stock Up 1.1 %

The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.83. The firm has a market cap of $630.00 million, a price-to-earnings ratio of 11.92 and a beta of 0.56. The firm has a 50 day moving average price of $36.92 and a 200-day moving average price of $35.79.

Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.07. Capital City Bank Group had a net margin of 19.55% and a return on equity of 11.45%. As a group, equities analysts predict that Capital City Bank Group, Inc. will post 3.06 EPS for the current fiscal year.

Capital City Bank Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were paid a $0.23 dividend. The ex-dividend date was Monday, December 9th. This represents a $0.92 dividend on an annualized basis and a yield of 2.47%. Capital City Bank Group's dividend payout ratio (DPR) is 29.49%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in CCBG. Wellington Management Group LLP bought a new position in Capital City Bank Group in the third quarter valued at about $5,673,000. American Century Companies Inc. raised its position in Capital City Bank Group by 33.2% during the 4th quarter. American Century Companies Inc. now owns 216,683 shares of the financial services provider's stock worth $7,941,000 after purchasing an additional 54,059 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Capital City Bank Group by 80.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 87,396 shares of the financial services provider's stock worth $3,084,000 after buying an additional 38,876 shares during the period. Bank of New York Mellon Corp lifted its holdings in Capital City Bank Group by 42.7% during the 4th quarter. Bank of New York Mellon Corp now owns 77,207 shares of the financial services provider's stock worth $2,830,000 after buying an additional 23,113 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Capital City Bank Group in the fourth quarter valued at about $647,000. Institutional investors own 44.59% of the company's stock.

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.