Capital City Bank Group, Inc. (NASDAQ:CCBG – Get Rating) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.83 and traded as high as $32.89. Capital City Bank Group shares last traded at $32.81, with a volume of 1,217 shares trading hands.

Analyst Ratings Changes

A number of analysts have commented on CCBG shares. Piper Sandler upped their price objective on shares of Capital City Bank Group to $37.00 in a research note on Thursday, September 29th. Hovde Group lifted their price objective on shares of Capital City Bank Group to $38.00 in a research report on Tuesday, November 1st. Finally, StockNews.com lowered Capital City Bank Group from a "buy" rating to a "hold" rating in a report on Thursday, November 10th.

Capital City Bank Group Stock Up 1.6 %

The business's 50 day simple moving average is $33.57 and its 200-day simple moving average is $32.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 0.77. The company has a market cap of $556.52 million, a price-to-earnings ratio of 15.93 and a beta of 0.66.

Capital City Bank Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 19th. Shareholders of record on Monday, December 5th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.07%. The ex-dividend date was Friday, December 2nd. Capital City Bank Group's dividend payout ratio is 33.01%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Amalgamated Bank bought a new position in shares of Capital City Bank Group in the first quarter valued at approximately $43,000. Tower Research Capital LLC TRC grew its stake in shares of Capital City Bank Group by 93.2% in the third quarter. Tower Research Capital LLC TRC now owns 1,428 shares of the financial services provider's stock worth $44,000 after acquiring an additional 689 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in Capital City Bank Group during the third quarter worth $49,000. Captrust Financial Advisors increased its position in Capital City Bank Group by 599.3% during the second quarter. Captrust Financial Advisors now owns 1,986 shares of the financial services provider's stock worth $55,000 after acquiring an additional 1,702 shares during the period. Finally, BNP Paribas Arbitrage SA raised its stake in Capital City Bank Group by 15.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,231 shares of the financial services provider's stock valued at $118,000 after purchasing an additional 568 shares during the last quarter. Institutional investors own 44.90% of the company's stock.

About Capital City Bank Group

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Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company 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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