SG Americas Securities LLC Has $330,000 Position in Capital City Bank Group, Inc. (NASDAQ:CCBG)

SG Americas Securities LLC raised its holdings in Capital City Bank Group, Inc. (NASDAQ:CCBG) by 72.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,997 shares of the financial services provider’s stock after purchasing an additional 3,772 shares during the period. SG Americas Securities LLC’s holdings in Capital City Bank Group were worth $330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. State Street Corp boosted its position in shares of Capital City Bank Group by 1.8% during the 3rd quarter. State Street Corp now owns 341,426 shares of the financial services provider’s stock valued at $12,049,000 after acquiring an additional 5,980 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Capital City Bank Group by 2.5% during the third quarter. Geode Capital Management LLC now owns 320,479 shares of the financial services provider’s stock valued at $11,312,000 after purchasing an additional 7,773 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of Capital City Bank Group in the 3rd quarter valued at approximately $5,673,000. Capital City Trust Co. FL raised its holdings in shares of Capital City Bank Group by 6.5% in the 3rd quarter. Capital City Trust Co. FL now owns 150,680 shares of the financial services provider’s stock worth $5,318,000 after buying an additional 9,148 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of 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. Institutional investors and hedge funds own 44.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. StockNews.com raised Capital City Bank Group from a “hold” rating to a “buy” rating in a report on Saturday. Keefe, Bruyette & Woods boosted their price target on shares of Capital City Bank Group from $43.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, January 31st.

Capital City Bank Group Stock Up 1.9 %

Shares of NASDAQ CCBG opened at $37.72 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.11. The company has a market cap of $638.98 million, a price-to-earnings ratio of 12.09 and a beta of 0.56. Capital City Bank Group, Inc. has a 12-month low of $25.45 and a 12-month high of $40.86. The firm’s 50-day simple moving average is $37.16 and its 200 day simple moving average is $35.62.

Capital City Bank Group (NASDAQ:CCBG) last released its earnings results on Tuesday, January 28th. The financial services provider reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.07. Capital City Bank Group had a return on equity of 11.45% and a net margin of 19.55%. On average, research analysts expect that Capital City Bank Group, Inc. will post 3.06 earnings per share for the current fiscal year.

Capital City Bank Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 9th were paid a dividend of $0.23 per share. The ex-dividend date was Monday, December 9th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.44%. Capital City Bank Group’s dividend payout ratio (DPR) is presently 29.49%.

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.