Colony Bankcorp Inc (NASDAQ:CBAN) VP Lee Bagwell bought 2,597 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was purchased at an average cost of $11.13 per share, with a total value of $28,904.61. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Lee Bagwell also recently made the following trade(s):

  • On Wednesday, May 13th, Lee Bagwell bought 124 shares of Colony Bankcorp stock. The stock was purchased at an average cost of $10.26 per share, with a total value of $1,272.24.

NASDAQ CBAN opened at $10.67 on Friday. The stock has a 50-day moving average of $11.34 and a two-hundred day moving average of $12.59. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.84 and a quick ratio of 0.83. The company has a market cap of $101.35 million, a P/E ratio of 9.79 and a beta of 0.65. Colony Bankcorp Inc has a 1-year low of $8.70 and a 1-year high of $17.00.

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

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Citigroup Inc. boosted its stake in shares of 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 period. Synovus Financial Corp purchased a new position in shares of Colony Bankcorp in the 1st quarter valued at about $26,000. Victory Capital Management Inc. boosted its stake in shares of Colony Bankcorp by 60.2% in the 1st quarter. Victory Capital Management Inc. now owns 3,548 shares of the financial services provider’s stock valued at $44,000 after buying an additional 1,333 shares during the period. Rhumbline Advisers purchased a new position in shares of Colony Bankcorp in the 1st quarter valued at about $144,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Colony Bankcorp by 35.6% in the 1st quarter. JPMorgan Chase & Co. now owns 13,160 shares of the financial services provider’s stock valued at $165,000 after buying an additional 3,458 shares during the period. Institutional investors and hedge funds own 26.49% of the company’s stock.

Colony Bankcorp Company Profile

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: Trading on Margin

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

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