JPMorgan Chase & Co. Has $3.80 Million Position in Capital City Bank Group, Inc. (NASDAQ:CCBG)

JPMorgan Chase & Co. lifted its position in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG - Free Report) by 18.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,554 shares of the financial services provider's stock after purchasing an additional 16,158 shares during the period. JPMorgan Chase & Co. owned about 0.61% of Capital City Bank Group worth $3,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in Capital City Bank Group in the 3rd quarter valued at approximately $35,000. Blue Trust Inc. lifted its holdings in Capital City Bank Group by 15.4% during the 4th quarter. Blue Trust Inc. now owns 4,838 shares of the financial services provider's stock worth $171,000 after buying an additional 645 shares during the period. FMR LLC grew its position in shares of Capital City Bank Group by 48.5% in the 3rd quarter. FMR LLC now owns 6,630 shares of the financial services provider's stock valued at $234,000 after buying an additional 2,164 shares during the last quarter. Intech Investment Management LLC acquired a new stake in shares of Capital City Bank Group in the fourth quarter valued at about $235,000. Finally, SG Americas Securities LLC raised its position in shares of Capital City Bank Group by 72.2% during the fourth quarter. SG Americas Securities LLC now owns 8,997 shares of the financial services provider's stock worth $330,000 after acquiring an additional 3,772 shares during the last quarter. Institutional investors and hedge funds own 44.59% of the company's stock.

Capital City Bank Group Trading Down 2.1 %

CCBG stock traded down $0.78 during mid-day trading on Friday, reaching $36.10. The company's stock had a trading volume of 2,974 shares, compared to its average volume of 29,784. Capital City Bank Group, Inc. has a 12 month low of $25.45 and a 12 month high of $40.86. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. The business's 50 day moving average price is $35.51 and its 200 day moving average price is $36.43. The company has a market cap of $615.56 million, a price-to-earnings ratio of 11.57 and a beta of 0.37.

Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last released its earnings results on Monday, April 21st. The financial services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.24. The company had revenue of $61.45 million for the quarter, compared to the consensus estimate of $59.75 million. Capital City Bank Group had a net margin of 19.55% and a return on equity of 11.45%. During the same quarter in the previous year, the company earned $0.74 EPS. On average, equities research analysts predict that Capital City Bank Group, Inc. will post 3.06 EPS for the current year.

Capital City Bank Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were paid a $0.24 dividend. The ex-dividend date was Monday, March 10th. This is an increase from Capital City Bank Group's previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 2.66%. Capital City Bank Group's dividend payout ratio (DPR) is currently 30.77%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CCBG. StockNews.com cut Capital City Bank Group from a "buy" rating to a "hold" rating in a report on Friday, March 7th. Keefe, Bruyette & Woods upped their price objective on shares of Capital City Bank Group from $43.00 to $44.00 and gave the company an "outperform" rating in a research note on Friday, January 31st.

Capital City Bank Group 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.