Capital City Bank Group (NASDAQ:CCBG)‘s stock had its “hold” rating restated by research analysts at Keefe, Bruyette & Woods in a report released on Wednesday. They presently have a $27.00 price target on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target suggests a potential upside of 15.68% from the stock’s current price.

CCBG has been the subject of a number of other reports. Zacks Investment Research raised Capital City Bank Group from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Wednesday, October 25th. ValuEngine cut Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. BidaskClub cut Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Sandler O’Neill raised Capital City Bank Group from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Hovde Group raised Capital City Bank Group from a “market perform” rating to an “outperform” rating and set a $26.50 price objective for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $26.83.

Capital City Bank Group (NASDAQ:CCBG) opened at $23.34 on Wednesday. The stock has a market capitalization of $402.94, a P/E ratio of 27.79 and a beta of 0.66. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.77. Capital City Bank Group has a 12 month low of $17.68 and a 12 month high of $26.01.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Capital City Bank Group had a return on equity of 5.06% and a net margin of 10.35%. The firm had revenue of $34.26 million for the quarter. analysts expect that Capital City Bank Group will post 0.88 earnings per share for the current fiscal year.

In other news, Treasurer Thomas A. Barron sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $25.17, for a total value of $100,680.00. Following the completion of the sale, the treasurer now directly owns 127,717 shares of the company’s stock, valued at approximately $3,214,636.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 26.17% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Capital City Bank Group by 3.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 769,157 shares of the financial services provider’s stock valued at $18,468,000 after buying an additional 26,903 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Capital City Bank Group by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 463,652 shares of the financial services provider’s stock valued at $9,467,000 after buying an additional 6,408 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Capital City Bank Group by 2.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 293,518 shares of the financial services provider’s stock valued at $5,993,000 after buying an additional 7,400 shares during the period. State Street Corp lifted its holdings in shares of Capital City Bank Group by 8.9% in the 2nd quarter. State Street Corp now owns 227,241 shares of the financial services provider’s stock valued at $4,639,000 after buying an additional 18,499 shares during the period. Finally, Northern Trust Corp raised its holdings in Capital City Bank Group by 7.8% during the second quarter. Northern Trust Corp now owns 136,180 shares of the financial services provider’s stock worth $2,781,000 after purchasing an additional 9,905 shares during the last quarter. 32.70% of the stock is owned by institutional investors and hedge funds.

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Capital City Bank Group Company Profile

Capital City Bank Group, Inc is a financial holding company. The Company provides a range of banking and banking-related services to individual and corporate clients through its subsidiary, Capital City Bank (CCB or the Bank), with banking offices located in Florida, Georgia and Alabama. It operates through commercial banking segment with over four principal services, including Banking Services (CCB), Data Processing Services (Capital City Services Company), Trust and Asset Management Services (Capital City Trust Company) and Brokerage Services (Capital City Banc Investments, Inc).

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