Renaissance Technologies LLC Sells 16,700 Shares of Capital City Bank Group, Inc. (NASDAQ:CCBG)

Renaissance Technologies LLC trimmed its position in Capital City Bank Group, Inc. (NASDAQ:CCBG – Get Rating) by 9.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 167,371 shares of the financial services provider’s stock after selling 16,700 shares during the period. Renaissance Technologies LLC owned about 0.99% of Capital City Bank Group worth $5,207,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CCBG. Independent Advisor Alliance purchased a new stake in shares of Capital City Bank Group during the 3rd quarter valued at approximately $236,000. Bailard Inc. increased its holdings in Capital City Bank Group by 6.7% during the 3rd quarter. Bailard Inc. now owns 11,095 shares of the financial services provider’s stock worth $345,000 after acquiring an additional 700 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Capital City Bank Group by 1.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 852,261 shares of the financial services provider’s stock worth $26,515,000 after buying an additional 12,372 shares during the last quarter. Capital City Trust Co. FL increased its holdings in shares of Capital City Bank Group by 0.5% in the 3rd quarter. Capital City Trust Co. FL now owns 148,427 shares of the financial services provider’s stock worth $4,618,000 after buying an additional 745 shares during the last quarter. Finally, ExodusPoint Capital Management LP bought a new position in shares of Capital City Bank Group in the 3rd quarter worth $239,000. 44.90% of the stock is currently owned by hedge funds and other institutional investors.

Capital City Bank Group Price Performance

CCBG stock opened at $33.10 on Friday. The firm has a market cap of $563.26 million, a P/E ratio of 14.03 and a beta of 0.62. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.78 and a current ratio of 0.79. The firm’s fifty day moving average is $33.24 and its 200 day moving average is $33.41. 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 business also recently announced a quarterly dividend, which will be paid on Monday, March 20th. Stockholders of record on Monday, March 6th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.18%. This is a boost from Capital City Bank Group’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, March 3rd. Capital City Bank Group’s dividend payout ratio (DPR) is currently 30.51%.

Capital City Bank Group Company Profile

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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.