Capital City Bank Group (NASDAQ:CCBG) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

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 report on Tuesday, November 14th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $23.00 target price on shares of Capital City Bank Group in a report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $24.33.

Shares of Capital City Bank Group (CCBG) opened at $23.99 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $406.51, a PE ratio of 28.52 and a beta of 0.66. Capital City Bank Group has a 52-week low of $17.68 and a 52-week high of $26.01.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data 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. The firm had revenue of $34.26 million during the quarter. Capital City Bank Group had a return on equity of 5.06% and a net margin of 10.35%. analysts predict that Capital City Bank Group will post 0.86 earnings per share for the current fiscal year.

In related news, Treasurer Thomas A. Barron sold 4,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $25.17, for a total transaction of $100,680.00. Following the completion of the transaction, the treasurer now directly owns 127,717 shares in the company, valued at approximately $3,214,636.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 26.17% of the company’s stock.

A number of institutional investors have recently made changes to their positions in CCBG. Vanguard Group Inc. boosted its stake in shares of Capital City Bank Group by 26.9% in the 1st quarter. Vanguard Group Inc. now owns 457,244 shares of the financial services provider’s stock valued at $9,781,000 after buying an additional 96,943 shares during the period. Geode Capital Management LLC boosted its stake in shares of Capital City Bank Group by 3.2% in the 1st quarter. Geode Capital Management LLC now owns 83,048 shares of the financial services provider’s stock valued at $1,776,000 after buying an additional 2,589 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Capital City Bank Group by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 727,974 shares of the financial services provider’s stock valued at $15,571,000 after buying an additional 19,729 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Capital City Bank Group by 5.6% in the 1st quarter. Renaissance Technologies LLC now owns 121,299 shares of the financial services provider’s stock valued at $2,595,000 after buying an additional 6,400 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in shares of Capital City Bank Group by 20.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 53,490 shares of the financial services provider’s stock valued at $1,092,000 after buying an additional 9,113 shares during the period. Institutional investors own 32.24% of the company’s stock.

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About Capital City Bank Group

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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