Insider Buying Metric Points to 5 Stocks Poised to Rise by Year’s End

Parent Company of Capital City Bank Witnesses Insider Buying

Capital City Bank Group Inc. (NASDAQ:CCBG) was yet another company that had a member of its Board of Directors purchase some shares last week. Allan G. Bense, Board member since April 2013, snapped up 10,000 shares on Wednesday at $13.76 apiece. Following the recent purchase, Mr. Bense currently owns 40,710 shares.

The Florida-headquartered financial holding company that serves as the parent of Capital City Bank has seen the value of its shares decline by 8% year-to-date. The bank offers a broad portfolio of products and services through 61 full-service offices located in Florida, Georgia, and Alabama. Capital City Bank Group Inc. (NASDAQ:CCBG)’s second quarter net income was $3.9 million, compared to $1.6 million posted for the first quarter of 2016 and $3.8 million posted for the second quarter of 2015. Although the low interest rate environment continues to put pressure on the company’s net interest income, Capital City Bank was successful in increasing the figure quarter-over-quarter due to growth in its loan and investment portfolios. Matthew Lindenbaum’s Basswood Capital had 189,362 shares of Capital City Bank Group Inc. (NASDAQ:CCBG) among its holdings on March 31.

Insider Buying Registered at Bank Holding Company

Hancock Holding Company (NASDAQ:HBHC) saw a highly-informed insider purchase some shares this past week. George A. Schloegel, former President and CEO of Hancock Bank of Louisiana, Hancock Bank of Florida, and Hancock Bank of Alabama, bought 4,633 shares on Thursday for $28.64 each, lifting his direct ownership stake to 539,253 shares. Some of these shares are held in an Individual Retirement Account and an Individual Investment Account. Mr. Schloegel, who currently serves as Advisory Director of Whitney Bank, also holds an indirect ownership stake of 11,429 shares through his 401(k).

The multi-faceted financial services company that offers a network of full-service financial choices through Hancock Bank locations in Mississippi, Alabama and Florida, and Whitney Bank offices in Louisiana and Texas has witnessed its market value increase by 19% since the start of the year. At the end of the March quarter, Hancock Holding Company (NASDAQ:HBHC) had loans to energy-related customers totaling $1.6 billion, which accounted for 10% of the company’s total loan portfolio. Approximately $1.00 billion of the energy portfolio was tied to customers who provide transportation and other onshore and offshore services and products to support exploration and production activities. Ken Fisher’s Fisher Asset Management upped its position in Hancock Holding Company (NASDAQ:HBHC) by 5% during the June quarter, to 522,612 shares.

The final page of this article will reveal two other companies where fresh insider buying was registered last week.