Capital City Bank Group, Inc. (NASDAQ:CCBG) Shares Bought by Mariner LLC

Mariner LLC lifted its position in shares of Capital City Bank Group, Inc. (NASDAQ:CCBG) by 4.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,849 shares of the financial services provider’s stock after buying an additional 443 shares during the quarter. Mariner LLC owned approximately 0.06% of Capital City Bank Group worth $361,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC increased its holdings in Capital City Bank Group by 1.6% during the 4th quarter. Barclays PLC now owns 54,249 shares of the financial services provider’s stock valued at $1,988,000 after acquiring an additional 847 shares in the last quarter. Sterling Capital Management LLC increased its stake in shares of Capital City Bank Group by 4.5% during the 4th quarter. Sterling Capital Management LLC now owns 9,082 shares of the financial services provider’s stock worth $333,000 after purchasing an additional 394 shares in the last quarter. Martingale Asset Management L P lifted its stake in Capital City Bank Group by 2.2% in the 4th quarter. Martingale Asset Management L P now owns 44,224 shares of the financial services provider’s stock valued at $1,621,000 after buying an additional 970 shares in the last quarter. Invesco Ltd. lifted its stake in Capital City Bank Group by 9.9% in the 4th quarter. Invesco Ltd. now owns 27,249 shares of the financial services provider’s stock valued at $999,000 after buying an additional 2,461 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Capital City Bank Group by 11.3% during the 4th quarter. Wells Fargo & Company MN now owns 17,321 shares of the financial services provider’s stock valued at $635,000 after buying an additional 1,761 shares during the last quarter. 44.59% of the stock is currently owned by hedge funds and other institutional investors.

Capital City Bank Group Price Performance

CCBG opened at $37.35 on Friday. Capital City Bank Group, Inc. has a 1 year low of $25.45 and a 1 year high of $40.86. The company’s 50 day simple moving average is $35.54 and its 200 day simple moving average is $36.53. The stock has a market capitalization of $636.97 million, a PE ratio of 11.97 and a beta of 0.37. 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 (NASDAQ:CCBG) last released its quarterly earnings data on Monday, April 21st. The financial services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $59.75 million. During the same period in the prior year, the firm posted $0.74 EPS. As a group, sell-side analysts expect that Capital City Bank Group, Inc. will post 3.06 EPS for the current year.

Capital City Bank Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 10th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date was Monday, March 10th. This is an increase from Capital City Bank Group’s previous quarterly dividend of $0.23. Capital City Bank Group’s dividend payout ratio is 28.49%.

Analyst Ratings Changes

Several brokerages have recently issued reports on CCBG. StockNews.com downgraded Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Friday, March 7th. Keefe, Bruyette & Woods raised their price target on shares of Capital City Bank Group from $43.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st.

Capital City Bank Group Company 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.