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North American Morning Briefing: Stock Futures -3-

North American Morning Briefing: Stock Futures -3-
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Is Capital City Bank Group (CCBG) A Smart Long-Term Buy?

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.

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