Capital City Bank Group (NASDAQ:CCBG - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $36.63 and traded as high as $36.91. Capital City Bank Group shares last traded at $36.66, with a volume of 28,987 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered Capital City Bank Group from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st.
Read Our Latest Research Report on Capital City Bank Group
Capital City Bank Group Stock Performance
The company has a debt-to-equity ratio of 0.10, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market capitalization of $648.45 million, a price-to-earnings ratio of 11.28 and a beta of 0.36. The stock has a 50 day simple moving average of $37.03 and a two-hundred day simple moving average of $36.57.
Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The financial services provider reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.24. Capital City Bank Group had a return on equity of 11.76% and a net margin of 20.77%. The company had revenue of $61.45 million for the quarter, compared to analysts' expectations of $59.75 million. During the same period last year, the firm earned $0.74 earnings per share. As a group, analysts anticipate that Capital City Bank Group will post 3.06 earnings per share for the current year.
Capital City Bank Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 9th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Monday, June 9th. Capital City Bank Group's dividend payout ratio (DPR) is currently 28.49%.
Institutional Trading of Capital City Bank Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Inspire Investing LLC increased its position in shares of Capital City Bank Group by 181.4% during the first quarter. Inspire Investing LLC now owns 30,724 shares of the financial services provider's stock worth $1,105,000 after purchasing an additional 19,805 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Capital City Bank Group during the first quarter worth about $555,000. Empowered Funds LLC increased its position in shares of Capital City Bank Group by 8.1% during the first quarter. Empowered Funds LLC now owns 28,079 shares of the financial services provider's stock worth $1,010,000 after purchasing an additional 2,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Capital City Bank Group by 4.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,175 shares of the financial services provider's stock worth $294,000 after buying an additional 327 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Capital City Bank Group by 24.1% during the first quarter. AQR Capital Management LLC now owns 12,177 shares of the financial services provider's stock worth $438,000 after buying an additional 2,362 shares during the last quarter. Institutional investors and hedge funds own 44.59% of the company's stock.
Capital City Bank Group Company Profile
(
Get Free Report)
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.
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