BNP Paribas Financial Markets Has $373,000 Stock Holdings in Capital City Bank Group, Inc. (NASDAQ:CCBG)

BNP Paribas Financial Markets decreased its holdings in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG) by 39.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,578 shares of the financial services provider’s stock after selling 6,857 shares during the period. BNP Paribas Financial Markets owned approximately 0.06% of Capital City Bank Group worth $373,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Princeton Capital Management LLC raised its holdings in Capital City Bank Group by 7.0% during the third quarter. Princeton Capital Management LLC now owns 7,683 shares of the financial services provider’s stock worth $271,000 after buying an additional 500 shares during the last quarter. Empowered Funds LLC raised its holdings in Capital City Bank Group by 5.1% during the third quarter. Empowered Funds LLC now owns 24,809 shares of the financial services provider’s stock worth $876,000 after buying an additional 1,206 shares during the last quarter. Rhumbline Advisers raised its holdings in Capital City Bank Group by 6.5% during the second quarter. Rhumbline Advisers now owns 21,602 shares of the financial services provider’s stock worth $614,000 after buying an additional 1,316 shares during the last quarter. Isthmus Partners LLC raised its holdings in Capital City Bank Group by 1.3% during the second quarter. Isthmus Partners LLC now owns 108,929 shares of the financial services provider’s stock worth $31,000 after buying an additional 1,346 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in Capital City Bank Group by 2.8% during the second quarter. Panagora Asset Management Inc. now owns 78,097 shares of the financial services provider’s stock worth $2,221,000 after buying an additional 2,093 shares during the last quarter. Institutional investors and hedge funds own 44.59% of the company’s stock.

Capital City Bank Group Stock Performance

Shares of CCBG stock opened at $38.86 on Friday. Capital City Bank Group, Inc. has a 52 week low of $25.45 and a 52 week high of $40.86. 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’s 50-day simple moving average is $37.17 and its two-hundred day simple moving average is $33.43. The firm has a market cap of $658.44 million, a price-to-earnings ratio of 12.74 and a beta of 0.56.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.01. Capital City Bank Group had a return on equity of 11.29% and a net margin of 19.42%. The business had revenue of $68.84 million during the quarter, compared to analysts’ expectations of $54.40 million. As a group, equities analysts forecast that Capital City Bank Group, Inc. will post 3.05 earnings per share for the current year.

Capital City Bank Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Monday, December 9th. Capital City Bank Group’s dividend payout ratio (DPR) is currently 30.16%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CCBG shares. Keefe, Bruyette & Woods increased their target price on shares of Capital City Bank Group from $39.00 to $43.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. StockNews.com downgraded shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a report on Monday, December 2nd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Capital City Bank Group currently has an average rating of “Hold” and a consensus target price of $36.80.

About Capital City Bank Group

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.