Inspire Investing LLC Reduces Position in Capital City Bank Group, Inc. (NASDAQ:CCBG)

Inspire Investing LLC decreased its holdings in Capital City Bank Group, Inc. (NASDAQ:CCBGFree Report) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,919 shares of the financial services provider’s stock after selling 817 shares during the quarter. Inspire Investing LLC owned 0.06% of Capital City Bank Group worth $400,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in Capital City Bank Group in the third quarter valued at about $35,000. Blue Trust Inc. raised its position in Capital City Bank Group by 1,482.3% in the third quarter. Blue Trust Inc. now owns 4,193 shares of the financial services provider’s stock worth $148,000 after acquiring an additional 3,928 shares during the period. SG Americas Securities LLC purchased a new position in shares of Capital City Bank Group during the 3rd quarter worth $184,000. FMR LLC increased its stake in shares of Capital City Bank Group by 48.5% in the 3rd quarter. FMR LLC now owns 6,630 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 2,164 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in Capital City Bank Group in the 3rd quarter worth $235,000. Institutional investors own 44.59% of the company’s stock.

Analyst Upgrades and Downgrades

CCBG has been the subject of several recent research reports. StockNews.com lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a report on Friday. Keefe, Bruyette & Woods lifted their price target 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.

Check Out Our Latest Analysis on CCBG

Capital City Bank Group Price Performance

Shares of Capital City Bank Group stock opened at $37.06 on Tuesday. The stock’s 50-day simple moving average is $37.34 and its 200-day simple moving average is $35.38. The company has a market capitalization of $627.94 million, a price-to-earnings ratio of 12.15 and a beta of 0.56. 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 quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.11.

Capital City Bank Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 2.48%. The ex-dividend date was Monday, December 9th. Capital City Bank Group’s payout ratio is currently 30.16%.

Capital City Bank Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital City Bank Group (NASDAQ:CCBG)

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