Dimensional Fund Advisors LP Purchases 14,280 Shares of Capital City Bank Group (CCBG)

Dimensional Fund Advisors LP lifted its position in shares of Capital City Bank Group (NASDAQ:CCBG) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 742,254 shares of the financial services provider’s stock after purchasing an additional 14,280 shares during the period. Dimensional Fund Advisors LP owned 4.38% of Capital City Bank Group worth $15,157,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Capital City Bank Group by 1.4% during the second quarter. Vanguard Group Inc. now owns 463,652 shares of the financial services provider’s stock worth $9,467,000 after purchasing an additional 6,408 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Capital City Bank Group by 2.6% during the second quarter. Ameriprise Financial Inc. now owns 293,518 shares of the financial services provider’s stock worth $5,993,000 after purchasing an additional 7,400 shares during the period. Northern Trust Corp increased its stake in shares of Capital City Bank Group by 7.8% during the second quarter. Northern Trust Corp now owns 136,180 shares of the financial services provider’s stock worth $2,781,000 after purchasing an additional 9,905 shares during the period. Renaissance Technologies LLC increased its stake in shares of Capital City Bank Group by 5.6% during the first quarter. Renaissance Technologies LLC now owns 121,299 shares of the financial services provider’s stock worth $2,595,000 after purchasing an additional 6,400 shares during the period. Finally, Deprince Race & Zollo Inc. increased its stake in shares of Capital City Bank Group by 36.8% during the second quarter. Deprince Race & Zollo Inc. now owns 95,657 shares of the financial services provider’s stock worth $1,953,000 after purchasing an additional 25,744 shares during the period. Institutional investors own 31.10% of the company’s stock.

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A number of equities analysts have recently weighed in on the company. Zacks Investment Research lowered Capital City Bank Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $23.00 price target on shares of Capital City Bank Group in a research report on Tuesday, October 3rd. Hovde Group increased their price target on Capital City Bank Group from $22.50 to $23.00 and gave the stock a “market perform” rating in a research report on Thursday, July 27th. Finally, BidaskClub downgraded Capital City Bank Group from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. Capital City Bank Group presently has a consensus rating of “Hold” and a consensus price target of $24.33.

Shares of Capital City Bank Group (NASDAQ CCBG) opened at $22.81 on Monday. The stock has a market capitalization of $387.00, a P/E ratio of 27.16 and a beta of 0.65. Capital City Bank Group has a 12-month low of $15.55 and a 12-month high of $26.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.77.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.04. The business had revenue of $34.26 million for the quarter. Capital City Bank Group had a return on equity of 5.06% and a net margin of 10.35%. analysts forecast that Capital City Bank Group will post 0.84 EPS for the current fiscal year.

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).

Institutional Ownership by Quarter for Capital City Bank Group (NASDAQ:CCBG)

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