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Were Hedge Funds Right About Kaleyra, Inc (KLR)?
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MIL-OSI: Capital City Bank Group, Inc Announces Cash Dividend
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Is Capital City Bank Group (CCBG) A Smart Long-Term Buy?
Heartland Advisors, an investment management firm, published its “Heartland Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 12.71% was delivered by the fund’s institutional class shares for the Q1 of 2021, below its Russell 2000® Value benchmark that delivered a 21.17% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Heartland Value Fund, in its Q1 2021 investor letter, mentioned Capital City Bank Group, Inc. (NASDAQ: CCBG), and shared their insights on the company. Capital City Bank Group, Inc. is a Tallahassee, Florida-based bank holding company that currently has a $428.2 million market capitalization. Since the beginning of the year, CCBG delivered a 15.68% return, extending its 12-month gains to 37.66%. As of May 13, 2021, the stock closed at $25.41 per share.
Capital City Bank Group, Inc Acquires Strategic Wealth Group, LLC
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Capital City Bank Group, Inc. Acquires Strategic Wealth Group, LLC Capital City Bank Group Tallahassee, Florida, UNITED STATES
TALLAHASSEE, Fla., May 03, 2021 (GLOBE NEWSWIRE) Capital City Bank Group, Inc. (NASDAQ: CCBG) today announced the closing of its acquisition, on April 30, 2021, of substantially all of the assets of Strategic Wealth Group, LLC. A newly formed subsidiary of CCBG, Inc., Capital City Strategic Wealth, LLC (CCSW), acquired the wealth management business and will offer insurance planning, risk management and asset protection services. In addition, CCSW will offer investment advisory and estate planning services through LPL Financial. The acquisition reflects a deliberate effort to expand existing product offerings and service areas to deliver the highest quality wealth management services and risk management expertise to clients throughout the Southeast.