Capital City Bank Group (NASDAQ:CCBG)‘s stock had its “hold” rating reissued by investment analysts at Keefe, Bruyette & Woods in a report issued on Tuesday. They presently have a $23.00 target price on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential downside of 3.52% from the company’s previous close.

CCBG has been the subject of a number of other reports. BidaskClub cut shares of Capital City Bank Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Hovde Group raised their target price on shares of Capital City Bank Group from $22.50 to $23.00 and gave the stock a “market perform” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $23.00.

Shares of Capital City Bank Group (NASDAQ CCBG) opened at 23.84 on Tuesday. The stock has a market cap of $404.42 million, a price-to-earnings ratio of 32.26 and a beta of 0.68. The stock’s 50 day moving average price is $21.46 and its 200 day moving average price is $20.67. Capital City Bank Group has a 52 week low of $14.29 and a 52 week high of $24.58.

Capital City Bank Group (NASDAQ:CCBG) last posted its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.21 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.21. Capital City Bank Group had a net margin of 9.27% and a return on equity of 4.49%. The business had revenue of $33.63 million for the quarter, compared to analyst estimates of $33.60 million. Equities research analysts anticipate that Capital City Bank Group will post $0.82 EPS for the current fiscal year.

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Institutional investors have recently bought and sold shares of the stock. First Quadrant L P CA acquired a new position in Capital City Bank Group in the 2nd quarter worth approximately $102,000. American International Group Inc. boosted its stake in Capital City Bank Group by 7.2% in the 1st quarter. American International Group Inc. now owns 6,779 shares of the financial services provider’s stock worth $145,000 after purchasing an additional 453 shares during the period. Acadian Asset Management LLC boosted its stake in Capital City Bank Group by 19.0% in the 2nd quarter. Acadian Asset Management LLC now owns 8,992 shares of the financial services provider’s stock worth $183,000 after purchasing an additional 1,438 shares during the period. Citadel Advisors LLC acquired a new position in Capital City Bank Group in the 2nd quarter worth approximately $266,000. Finally, New York State Common Retirement Fund boosted its stake in Capital City Bank Group by 33.7% in the 2nd quarter. New York State Common Retirement Fund now owns 13,100 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 3,299 shares during the period. 31.39% of the stock is owned by hedge funds and other institutional investors.

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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