Jefferies Financial Group Inc. Makes New $724,000 Investment in Capital City Bank Group $CCBG

Jefferies Financial Group Inc. purchased a new position in shares of Capital City Bank Group (NASDAQ:CCBG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,000 shares of the financial services provider’s stock, valued at approximately $724,000. Jefferies Financial Group Inc. owned approximately 0.10% of Capital City Bank Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. AQR Capital Management LLC increased its stake in shares of Capital City Bank Group by 24.1% in the first quarter. AQR Capital Management LLC now owns 12,177 shares of the financial services provider’s stock worth $438,000 after buying an additional 2,362 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Capital City Bank Group by 4.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,175 shares of the financial services provider’s stock worth $294,000 after buying an additional 327 shares during the period. Empowered Funds LLC increased its stake in shares of Capital City Bank Group by 8.1% in the first quarter. Empowered Funds LLC now owns 28,079 shares of the financial services provider’s stock worth $1,010,000 after buying an additional 2,115 shares during the period. Jane Street Group LLC purchased a new position in shares of Capital City Bank Group in the first quarter worth $555,000. Finally, Rhumbline Advisers increased its stake in shares of Capital City Bank Group by 4.7% in the second quarter. Rhumbline Advisers now owns 21,994 shares of the financial services provider’s stock worth $865,000 after buying an additional 982 shares during the period. 44.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Capital One Financial set a $49.50 target price on shares of Capital City Bank Group in a research note on Tuesday, April 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Capital City Bank Group in a research note on Friday, March 27th. Wall Street Zen downgraded shares of Capital City Bank Group from a “hold” rating to a “sell” rating in a research note on Sunday, May 3rd. Brean Capital downgraded shares of Capital City Bank Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 21st. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Capital City Bank Group from $45.00 to $50.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $49.75.

Capital City Bank Group Stock Down 0.8%

Shares of Capital City Bank Group stock opened at $45.64 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.06. The company’s fifty day simple moving average is $45.52 and its two-hundred day simple moving average is $43.69. The company has a market cap of $780.44 million, a P/E ratio of 12.93 and a beta of 0.33. Capital City Bank Group has a 12-month low of $35.94 and a 12-month high of $48.78.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data on Monday, April 20th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.07. The business had revenue of $62.75 million for the quarter, compared to the consensus estimate of $63.25 million. Capital City Bank Group had a net margin of 21.01% and a return on equity of 11.10%. Research analysts anticipate that Capital City Bank Group will post 3.69 EPS for the current year.

Capital City Bank Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Monday, June 1st. Capital City Bank Group’s payout ratio is presently 30.59%.

About Capital City Bank Group

Capital City Bank Group, Inc is a Florida‐based bank holding company headquartered in Tallahassee. As the parent of Capital City Bank, it offers a full suite of financial services through a network of community banking offices. The company traces its origins to the late 19th century, reflecting more than a century of continuous operation in its home market.

Through its banking subsidiary, Capital City Bank Group provides retail and commercial banking products, including checking and savings accounts, consumer and commercial loans, mortgage financing, and treasury management services.