Capital City Bank Group, Inc. (NASDAQ:CCBG) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its position in Capital City Bank Group, Inc. (NASDAQ:CCBG – Get Rating) by 7.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 22,477 shares of the financial services provider’s stock after selling 1,854 shares during the period. Hsbc Holdings PLC owned about 0.13% of Capital City Bank Group worth $710,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CCBG. JPMorgan Chase & Co. raised its holdings in shares of Capital City Bank Group by 416.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 109,027 shares of the financial services provider’s stock worth $3,041,000 after purchasing an additional 87,929 shares during the period. rhino investment partners Inc raised its holdings in shares of Capital City Bank Group by 64.8% in the 2nd quarter. rhino investment partners Inc now owns 118,938 shares of the financial services provider’s stock worth $3,317,000 after purchasing an additional 46,788 shares during the period. Kennedy Capital Management Inc. purchased a new position in shares of Capital City Bank Group in the 2nd quarter worth about $936,000. Vanguard Group Inc. grew its stake in shares of Capital City Bank Group by 2.8% in the first quarter. Vanguard Group Inc. now owns 615,094 shares of the financial services provider’s stock valued at $16,215,000 after buying an additional 16,715 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Capital City Bank Group by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 852,261 shares of the financial services provider’s stock valued at $26,515,000 after buying an additional 12,372 shares in the last quarter. 44.90% of the stock is currently owned by hedge funds and other institutional investors.

Capital City Bank Group Price Performance

Shares of CCBG opened at $36.38 on Friday. The firm has a market cap of $617.00 million, a price-to-earnings ratio of 15.42 and a beta of 0.62. The stock has a 50 day moving average of $33.10 and a 200-day moving average of $33.38. The company has a current ratio of 0.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14. Capital City Bank Group, Inc. has a 52 week low of $24.43 and a 52 week high of $36.86.

Capital City Bank Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 20th. Shareholders of record on Monday, March 6th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, March 3rd. This represents a $0.72 annualized dividend and a yield of 1.98%. This is an increase from Capital City Bank Group’s previous quarterly dividend of $0.17. Capital City Bank Group’s payout ratio is presently 28.81%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a research note on Thursday, November 10th.

Capital City Bank Group Company Profile

(Get Rating)

Capital City Bank Group, Inc operates as a bank holding company. Its principal services are Banking Services, Trust and Asset Management Services, and Brokerage Services. The firm provides traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bank cards, data processing and securities brokerage services.