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

Capital City Bank Group logo with Finance background

Murphy Middleton Hinkle & Parker Inc. raised its holdings in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG - Free Report) by 38.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,191 shares of the financial services provider's stock after purchasing an additional 44,572 shares during the period. Capital City Bank Group accounts for about 3.2% of Murphy Middleton Hinkle & Parker Inc.'s holdings, making the stock its 5th largest 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 quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in shares of Capital City Bank Group by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 882,343 shares of the financial services provider's stock worth $32,338,000 after acquiring an additional 9,984 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Capital City Bank Group by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 748,187 shares of the financial services provider's stock worth $27,421,000 after acquiring an additional 9,196 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Capital City Bank Group by 43.6% in the 4th quarter. Wellington Management Group LLP now owns 230,744 shares of the financial services provider's stock worth $8,457,000 after acquiring an additional 70,004 shares in the last quarter. American Century Companies Inc. raised its position in shares of Capital City Bank Group by 33.2% in the 4th quarter. American Century Companies Inc. now owns 216,683 shares of the financial services provider's stock worth $7,941,000 after acquiring an additional 54,059 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Capital City Bank Group by 5.6% in the 4th quarter. Northern Trust Corp now owns 135,923 shares of the financial services provider's stock worth $4,982,000 after acquiring an additional 7,209 shares in the last quarter. Institutional investors own 44.59% of the company's stock.

Capital City Bank Group Stock Down 2.4%

Shares of Capital City Bank Group stock traded down $0.92 during midday trading on Friday, hitting $36.75. The company had a trading volume of 28,029 shares, compared to its average volume of 29,927. The company has a 50 day moving average of $36.77 and a 200 day moving average of $36.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.84. Capital City Bank Group, Inc. has a 52-week low of $25.45 and a 52-week high of $40.86. The stock has a market capitalization of $626.77 million, a P/E ratio of 11.78 and a beta of 0.36.

Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last issued its earnings results on Monday, April 21st. The financial services provider reported $0.99 EPS for the quarter, beating the consensus estimate 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 business had revenue of $61.45 million for the quarter, compared to the consensus estimate of $59.75 million. During the same period last year, the business posted $0.74 EPS. On average, equities analysts predict 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 firm also recently announced a quarterly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Monday, June 9th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, June 9th. This represents a $0.96 annualized dividend and a yield of 2.61%. Capital City Bank Group's dividend payout ratio is 28.49%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Capital City Bank Group from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st.

Read Our Latest Research Report on CCBG

Capital City Bank Group Profile

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

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