Separately, StockNews.com initiated coverage on shares of Colony Bankcorp in a report on Wednesday, October 12th. They issued a hold rating on the stock.
Colony Bankcorp Stock Performance
Shares of CBAN stock opened at $12.81 on Tuesday. Colony Bankcorp has a 12 month low of $12.52 and a 12 month high of $19.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.70 and a quick ratio of 0.69. The firm has a market capitalization of $225.98 million, a P/E ratio of 11.34 and a beta of 0.54. The company’s fifty day moving average price is $13.15 and its two-hundred day moving average price is $13.72.
Insider Transactions at Colony Bankcorp
Institutional Investors Weigh In On Colony Bankcorp
Hedge funds and other institutional investors have recently modified their holdings of the stock. Polaris Capital Management LLC grew its position in shares of Colony Bankcorp by 675.7% during the 2nd quarter. Polaris Capital Management LLC now owns 3,599,658 shares of the financial services provider’s stock valued at $62,202,000 after buying an additional 3,135,608 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Colony Bankcorp during the 1st quarter valued at about $6,442,000. RMB Capital Management LLC bought a new stake in shares of Colony Bankcorp during the 2nd quarter valued at about $4,775,000. The Manufacturers Life Insurance Company bought a new stake in shares of Colony Bankcorp during the 1st quarter valued at about $4,937,000. Finally, Vanguard Group Inc. grew its position in shares of Colony Bankcorp by 44.3% during the 1st quarter. Vanguard Group Inc. now owns 666,900 shares of the financial services provider’s stock valued at $12,451,000 after buying an additional 204,590 shares during the last quarter. Institutional investors own 50.30% of the company’s stock.
Colony Bankcorp Company Profile
Colony Bankcorp, Inc is a bank holding company, which engages in the stockholder and investor relations functions through its subsidiary, Colony Bank. It operates through the following segments: Banking Division, Mortgage Division, and Small Business Specialty Lending Division. The Banking Division segment offers full service financial services including commercial loans, consumer loans and deposit accounts.
- Get a free copy of the StockNews.com research report on Colony Bankcorp (CBAN)
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