Capital City Bank Group, Inc. (NASDAQ:CCBG) Shares Bought by Murphy Middleton Hinkle & Parker Inc.

Murphy Middleton Hinkle & Parker Inc. lifted its stake in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG - Free Report) by 38.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 160,191 shares of the financial services provider's stock after acquiring an additional 44,572 shares during the quarter. Capital City Bank Group makes up approximately 3.2% of Murphy Middleton Hinkle & Parker Inc.'s holdings, making the stock its 5th biggest holding. Murphy Middleton Hinkle & Parker Inc. owned about 0.94% of Capital City Bank Group worth $5,760,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Barclays PLC increased its holdings in Capital City Bank Group by 46.8% during the 3rd quarter. Barclays PLC now owns 53,402 shares of the financial services provider's stock worth $1,883,000 after purchasing an additional 17,022 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Capital City Bank Group during the 4th quarter worth $647,000. Mariner LLC grew its position in shares of Capital City Bank Group by 4.7% during the 4th quarter. Mariner LLC now owns 9,849 shares of the financial services provider's stock worth $361,000 after buying an additional 443 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of Capital City Bank Group by 30.9% during the fourth quarter. Lazard Asset Management LLC now owns 1,873 shares of the financial services provider's stock valued at $68,000 after buying an additional 442 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of Capital City Bank Group by 42.7% in the fourth quarter. Bank of New York Mellon Corp now owns 77,207 shares of the financial services provider's stock valued at $2,830,000 after acquiring an additional 23,113 shares in the last quarter. Institutional investors own 44.59% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of Capital City Bank Group from a "buy" rating to a "hold" rating in a report on Wednesday, May 21st.

Capital City Bank Group Stock Down 0.8%

Capital City Bank Group stock traded down $0.30 during mid-day trading on Thursday, reaching $37.67. 21,184 shares of the company were exchanged, compared to its average volume of 29,840. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.84. The firm has a market cap of $642.46 million, a P/E ratio of 12.07 and a beta of 0.36. The business has a fifty day moving average of $36.71 and a 200 day moving average of $36.72. Capital City Bank Group, Inc. has a 12-month low of $25.45 and a 12-month high of $40.86.

Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The financial services provider reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.24. Capital City Bank Group had a return on equity of 11.45% and a net margin of 19.55%. The firm had revenue of $61.45 million during the quarter, compared to analysts' expectations of $59.75 million. During the same period in the prior year, the business posted $0.74 EPS. Research analysts anticipate that Capital City Bank Group, Inc. will post 3.06 earnings per share for the current fiscal year.

Capital City Bank Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Monday, June 9th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Monday, June 9th. Capital City Bank Group's payout ratio is 28.49%.

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.