Wellington Management Group LLP Grows Stock Holdings in Capital City Bank Group, Inc. (NASDAQ:CCBG)

Wellington Management Group LLP grew its holdings in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG - Free Report) by 43.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 230,744 shares of the financial services provider's stock after acquiring an additional 70,004 shares during the period. Wellington Management Group LLP owned 1.35% of Capital City Bank Group worth $8,457,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Barclays PLC grew its stake in shares of Capital City Bank Group by 46.8% in the 3rd quarter. Barclays PLC now owns 53,402 shares of the financial services provider's stock valued at $1,883,000 after buying an additional 17,022 shares during the period. SG Americas Securities LLC grew its stake in shares of Capital City Bank Group by 72.2% in the 4th quarter. SG Americas Securities LLC now owns 8,997 shares of the financial services provider's stock valued at $330,000 after buying an additional 3,772 shares during the period. Blue Trust Inc. grew its stake in shares of Capital City Bank Group by 15.4% in the 4th quarter. Blue Trust Inc. now owns 4,838 shares of the financial services provider's stock valued at $171,000 after buying an additional 645 shares during the period. Empowered Funds LLC grew its stake in shares of Capital City Bank Group by 4.7% in the 4th quarter. Empowered Funds LLC now owns 25,964 shares of the financial services provider's stock valued at $952,000 after buying an additional 1,155 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Capital City Bank Group by 42.7% in the 4th 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 buying an additional 23,113 shares during the period. 44.59% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Capital City Bank Group Stock Performance

Shares of Capital City Bank Group stock traded up $0.69 during mid-day trading on Friday, hitting $37.62. 23,499 shares of the stock were exchanged, compared to its average volume of 29,629. Capital City Bank Group, Inc. has a 12 month low of $25.45 and a 12 month high of $40.86. The company has a 50-day simple moving average of $36.44 and a 200 day simple moving average of $36.75. 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 company has a market capitalization of $641.61 million, a P/E ratio of 12.06 and a beta of 0.36.

Capital City Bank Group (NASDAQ:CCBG - Get Free Report) last posted its earnings results on Monday, April 21st. The financial services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.75 by $0.24. Capital City Bank Group had a net margin of 19.55% and a return on equity of 11.45%. The firm had revenue of $61.45 million for the quarter, compared to analysts' expectations of $59.75 million. During the same quarter last year, the firm earned $0.74 EPS. Sell-side 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 business also recently declared a quarterly dividend, which will be paid on Monday, June 23rd. Investors of record on Monday, June 9th will be issued a $0.24 dividend. The ex-dividend date is Monday, June 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.55%. Capital City Bank Group's dividend payout ratio (DPR) is presently 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.