Macquarie Group Ltd. Has $31,000 Holdings in Capital City Bank Group, Inc. (CCBG)

Macquarie Group Ltd. lowered its position in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG) by 54.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,327 shares of the financial services provider’s stock after selling 1,614 shares during the period. Macquarie Group Ltd.’s holdings in Capital City Bank Group were worth $31,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC increased its position in shares of Capital City Bank Group by 9.0% during the fourth quarter. Acadian Asset Management LLC now owns 69,136 shares of the financial services provider’s stock worth $1,605,000 after purchasing an additional 5,735 shares in the last quarter. Boston Partners increased its position in shares of Capital City Bank Group by 5.9% during the fourth quarter. Boston Partners now owns 164,500 shares of the financial services provider’s stock worth $3,818,000 after purchasing an additional 9,100 shares in the last quarter. MetLife Investment Advisors LLC increased its position in shares of Capital City Bank Group by 56.4% during the third quarter. MetLife Investment Advisors LLC now owns 9,022 shares of the financial services provider’s stock worth $211,000 after purchasing an additional 3,253 shares in the last quarter. Rhumbline Advisers increased its position in shares of Capital City Bank Group by 40.4% during the fourth quarter. Rhumbline Advisers now owns 17,394 shares of the financial services provider’s stock worth $404,000 after purchasing an additional 5,007 shares in the last quarter. Finally, Teton Advisors Inc. increased its position in shares of Capital City Bank Group by 1.0% during the fourth quarter. Teton Advisors Inc. now owns 96,976 shares of the financial services provider’s stock worth $2,251,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 40.27% of the company’s stock.

A number of research firms have recently commented on CCBG. Zacks Investment Research cut Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. BidaskClub upgraded Capital City Bank Group from a “sell” rating to a “hold” rating in a research report on Friday, April 5th. ValuEngine cut Capital City Bank Group from a “hold” rating to a “sell” rating in a research report on Friday, March 15th. Finally, Stephens reiterated a “hold” rating and set a $25.00 target price on shares of Capital City Bank Group in a research report on Wednesday, January 30th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $26.75.

In related news, Treasurer Thomas A. Barron sold 5,000 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $23.53, for a total value of $117,650.00. Following the transaction, the treasurer now owns 130,237 shares in the company, valued at approximately $3,064,476.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Marshall M. Criser III purchased 2,500 shares of the company’s stock in a transaction that occurred on Thursday, February 7th. The stock was bought at an average price of $24.30 per share, for a total transaction of $60,750.00. Following the transaction, the director now directly owns 3,309 shares in the company, valued at $80,408.70. The disclosure for this purchase can be found here. Insiders purchased a total of 5,832 shares of company stock worth $142,103 in the last 90 days. 20.90% of the stock is currently owned by insiders.

CCBG opened at $23.48 on Friday. The stock has a market cap of $394.65 million, a PE ratio of 17.52 and a beta of 0.76. Capital City Bank Group, Inc. has a one year low of $19.92 and a one year high of $26.95. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 0.80.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings results on Tuesday, January 29th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.04. The firm had revenue of $37.59 million for the quarter, compared to analysts’ expectations of $36.10 million. Capital City Bank Group had a return on equity of 7.71% and a net margin of 17.37%. As a group, equities research analysts anticipate that Capital City Bank Group, Inc. will post 1.62 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Monday, March 11th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Friday, March 8th. This is a boost from Capital City Bank Group’s previous quarterly dividend of $0.09. Capital City Bank Group’s payout ratio is 33.85%.

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Capital City Bank Group Profile

Capital City Bank Group, Inc operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama. It 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.

Read More: Retained Earnings

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Institutional Ownership by Quarter for Capital City Bank Group (NASDAQ:CCBG)

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