Colony Bankcorp Inc (NASDAQ:CBAN) CEO T Heath Fountain bought 1,100 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was bought at an average cost of $11.00 per share, for a total transaction of $12,100.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

NASDAQ:CBAN opened at $10.67 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.83 and a current ratio of 0.84. The stock’s 50-day simple moving average is $11.34 and its 200 day simple moving average is $12.59. The company has a market cap of $101.73 million, a P/E ratio of 11.11 and a beta of 0.65. Colony Bankcorp Inc has a 52-week low of $8.70 and a 52-week high of $17.00.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, August 7th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Thursday, August 6th.

Separately, ValuEngine raised Colony Bankcorp from a “sell” rating to a “hold” rating in a research report on Tuesday, June 9th.

Several large investors have recently added to or reduced their stakes in CBAN. Fourthstone LLC increased its position in shares of Colony Bankcorp by 9.6% in the first quarter. Fourthstone LLC now owns 518,597 shares of the financial services provider’s stock valued at $6,546,000 after acquiring an additional 45,471 shares during the last quarter. BHZ Capital Management LP increased its position in Colony Bankcorp by 315.4% during the first quarter. BHZ Capital Management LP now owns 49,221 shares of the financial services provider’s stock worth $624,000 after buying an additional 37,373 shares during the last quarter. BlackRock Inc. increased its position in Colony Bankcorp by 7.9% during the first quarter. BlackRock Inc. now owns 404,458 shares of the financial services provider’s stock worth $5,056,000 after buying an additional 29,772 shares during the last quarter. Rhumbline Advisers acquired a new position in Colony Bankcorp during the first quarter worth approximately $144,000. Finally, Wells Fargo & Company MN increased its position in Colony Bankcorp by 88.2% during the first quarter. Wells Fargo & Company MN now owns 19,410 shares of the financial services provider’s stock worth $243,000 after buying an additional 9,095 shares during the last quarter. 26.49% of the stock is currently owned by institutional investors and hedge funds.

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 retail customers. It offers various deposit products, including demand, savings, and time deposits. The company 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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