Capital City Bank Group, Inc. (NASDAQ:CCBG) has been given an average recommendation of “Hold” by the eight brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $26.75.

CCBG has been the topic of a number of recent analyst reports. BidaskClub cut Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd. Zacks Investment Research cut Capital City Bank Group from a “hold” rating to a “sell” rating in a research report on Wednesday, October 17th. ValuEngine upgraded Capital City Bank Group from a “hold” rating to a “buy” rating in a research report on Friday, July 20th. Finally, Stephens reiterated a “hold” rating and issued a $25.00 target price on shares of Capital City Bank Group in a research report on Friday, October 26th.

In other Capital City Bank Group news, Treasurer Thomas A. Barron sold 5,000 shares of Capital City Bank Group stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $23.99, for a total value of $119,950.00. Following the transaction, the treasurer now owns 130,507 shares in the company, valued at $3,130,862.93. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 24.31% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its position in Capital City Bank Group by 0.4% in the third quarter. BlackRock Inc. now owns 913,691 shares of the financial services provider’s stock valued at $21,325,000 after acquiring an additional 3,844 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Capital City Bank Group by 4.5% in the second quarter. Dimensional Fund Advisors LP now owns 853,211 shares of the financial services provider’s stock valued at $20,162,000 after acquiring an additional 36,799 shares during the last quarter. IFP Advisors Inc grew its position in Capital City Bank Group by 109.6% in the third quarter. IFP Advisors Inc now owns 384,371 shares of the financial services provider’s stock valued at $8,971,000 after acquiring an additional 201,029 shares during the last quarter. Renaissance Technologies LLC grew its position in Capital City Bank Group by 19.0% in the second quarter. Renaissance Technologies LLC now owns 229,517 shares of the financial services provider’s stock valued at $5,423,000 after acquiring an additional 36,718 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Capital City Bank Group by 9.5% during the second quarter. Bank of America Corp DE now owns 226,695 shares of the financial services provider’s stock valued at $5,356,000 after purchasing an additional 19,607 shares in the last quarter. Hedge funds and other institutional investors own 38.03% of the company’s stock.

Shares of NASDAQ CCBG opened at $24.84 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.22. Capital City Bank Group has a 52 week low of $19.92 and a 52 week high of $26.50. The firm has a market capitalization of $422.20 million, a P/E ratio of 28.23 and a beta of 0.58.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings results on Tuesday, October 23rd. The financial services provider reported $0.33 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.33. Capital City Bank Group had a return on equity of 6.84% and a net margin of 12.10%. The company had revenue of $36.93 million for the quarter, compared to analysts’ expectations of $36.10 million. As a group, equities analysts anticipate that Capital City Bank Group will post 1.15 EPS for the current year.

About Capital City Bank Group

Capital City Bank Group, Inc operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama. It 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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