Colony Bankcorp Inc (NASDAQ:CBAN) CEO T Heath Fountain bought 1,100 shares of the stock in a transaction on Wednesday, July 29th. The shares were acquired at an average cost of $11.00 per share, with a total value of $12,100.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NASDAQ:CBAN opened at $10.67 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.55. Colony Bankcorp Inc has a twelve month low of $8.70 and a twelve month high of $17.00. The stock’s 50 day moving average is $11.34 and its 200-day moving average is $12.59. The firm has a market capitalization of $101.35 million, a price-to-earnings ratio of 9.79 and a beta of 0.65.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date of this dividend is Thursday, August 6th.

Several large investors have recently modified their holdings of the company. Citigroup Inc. raised its position in Colony Bankcorp by 700.5% in the 4th quarter. Citigroup Inc. now owns 1,489 shares of the financial services provider’s stock valued at $25,000 after buying an additional 1,303 shares during the last quarter. Synovus Financial Corp purchased a new stake in shares of Colony Bankcorp during the 1st quarter valued at $26,000. Victory Capital Management Inc. increased its position in shares of Colony Bankcorp by 60.2% during the 1st quarter. Victory Capital Management Inc. now owns 3,548 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 1,333 shares during the last quarter. Rhumbline Advisers purchased a new stake in shares of Colony Bankcorp during the 1st quarter valued at $144,000. Finally, JPMorgan Chase & Co. increased its position in shares of Colony Bankcorp by 35.6% during the 1st quarter. JPMorgan Chase & Co. now owns 13,160 shares of the financial services provider’s stock valued at $165,000 after purchasing an additional 3,458 shares during the last quarter. 26.49% of the stock is currently owned by institutional investors.

Separately, ValuEngine upgraded Colony Bankcorp from a “sell” rating to a “hold” rating in a report on Tuesday, June 9th.

About Colony Bankcorp

Colony Bankcorp, Inc operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and retail customers. It offers various deposit products, including demand, savings, and time deposits. The company also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans.

Further Reading: Coverage Ratio

Insider Buying and Selling by Quarter for Colony Bankcorp (NASDAQ:CBAN)

Receive News & Ratings for Colony Bankcorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colony Bankcorp and related companies with MarketBeat.com's FREE daily email newsletter.