Analysts at StockNews.com began coverage on shares of Capital City Bank Group (NASDAQ:CCBG – Get Rating) in a research note issued to investors on Thursday. The firm set a “hold” rating on the financial services provider’s stock.
Capital City Bank Group Stock Performance
Shares of NASDAQ CCBG traded down $1.74 during mid-day trading on Thursday, hitting $30.27. The company had a trading volume of 96,609 shares, compared to its average volume of 40,696. The company has a market capitalization of $515.20 million, a price-to-earnings ratio of 12.83 and a beta of 0.62. Capital City Bank Group has a 1 year low of $24.43 and a 1 year high of $36.86. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 0.14. The stock’s 50-day moving average price is $33.09 and its 200-day moving average price is $33.31.
Institutional Investors Weigh In On Capital City Bank Group
Large investors have recently added to or reduced their stakes in the business. Independent Advisor Alliance bought a new stake in Capital City Bank Group during the third quarter valued at $236,000. Bailard Inc. boosted its stake in Capital City Bank Group by 6.7% during the third quarter. Bailard Inc. now owns 11,095 shares of the financial services provider’s stock valued at $345,000 after buying an additional 700 shares during the period. Dimensional Fund Advisors LP boosted its stake in Capital City Bank Group by 1.5% during 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 during the period. Quadrature Capital Ltd bought a new stake in Capital City Bank Group during the third quarter valued at $427,000. Finally, ExodusPoint Capital Management LP bought a new stake in Capital City Bank Group during the third quarter worth about $239,000. Institutional investors own 44.90% of the company’s stock.
Capital City Bank Group Company Profile
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.
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