Colony Bankcorp Stock Down 0.7 %
NASDAQ CBAN opened at $11.64 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.78 and a quick ratio of 0.77. The company’s 50 day simple moving average is $12.48 and its 200 day simple moving average is $11.03. Colony Bankcorp has a 12 month low of $8.59 and a 12 month high of $13.58. The company has a market capitalization of $204.51 million, a P/E ratio of 9.39 and a beta of 0.56.
Colony Bankcorp Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 21st. Investors of record on Wednesday, February 7th will be issued a $0.112 dividend. This is an increase from Colony Bankcorp’s previous quarterly dividend of $0.11. This represents a $0.45 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date is Tuesday, February 6th. Colony Bankcorp’s payout ratio is presently 35.48%.
Insider Buying and Selling
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in CBAN. Advisor Group Holdings Inc. increased its position in shares of Colony Bankcorp by 172.2% in the first quarter. Advisor Group Holdings Inc. now owns 1,508 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 954 shares in the last quarter. McGlone Suttner Wealth Management Inc. purchased a new position in Colony Bankcorp during the fourth quarter valued at approximately $45,000. Citigroup Inc. grew its position in Colony Bankcorp by 20,029.6% during the second quarter. Citigroup Inc. now owns 5,435 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 5,408 shares in the last quarter. Wells Fargo & Company MN grew its position in Colony Bankcorp by 116.4% during the second quarter. Wells Fargo & Company MN now owns 6,283 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 3,380 shares in the last quarter. Finally, UBS Group AG purchased a new position in Colony Bankcorp during the fourth quarter valued at approximately $60,000. 49.71% of the stock is owned by hedge funds and other institutional investors.
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 consumer customers. The company offers deposit products, including demand, savings, and time deposits. It 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.
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