13GD Alert: Why Gendell Jeffrey L Et Al Reported Big Colony Bankcorp Inc Position?

13GD Alert: Why Gendell Jeffrey L Et Al Reported Big Colony Bankcorp Inc Position?

The New Gendell Jeffrey L Et Al Holding in Colony Bankcorp Inc

Gendell Jeffrey L Et Al filed with the SEC SC 13G form for Colony Bankcorp Inc. The form can be accessed here: 000090266416008911. As reported in Gendell Jeffrey L Et Al’s form, the filler as of late owns 5.22% or 440,336 shares of the Finance–company.

Colony Bankcorp Inc stake is a new one for the and it was filed because of activity on November 15, 2016. We feel this shows Gendell Jeffrey L Et Al’s positive view for the stock.

Colony Bankcorp Inc Institutional Sentiment

Latest Security and Exchange filings show 17 investors own Colony Bankcorp Inc. The institutional ownership in Q3 2015 is low, at 61.66% of the outstanding shares. This is increased by 4514072 the total institutional shares. 5204305 were the shares owned by these institutional investors. In total 0 funds opened new Colony Bankcorp Inc stakes, 5 increased stakes. There were 0 that closed positions and 3 reduced them.

Acadian Asset Management Llc is an institutional investor bullish on Colony Bankcorp Inc, owning 44 shares as of Q3 2015 for less than 0.01% of its portfolio. Eidelman Virant Capital owns 25400 shares or 0.15% of its portfolio. CT Gendell Jeffrey L have 0.23% of their stock portfolio for 123367 shares. Further, Polaris Capital Management Llc reported stake worth 0.26% of its US stock portfolio. The PA Schneider Capital Management Corp owns 30094 shares. Colony Bankcorp Inc is 0.06% of the manager’s US portfolio.

Business Profile

Colony Bankcorp, Inc. (Colony) is a bank holding company. The Company operates through its subsidiary, Colony Bank (the Bank). The Bank offers traditional banking products and services to commercial and consumer customers in its markets. The Bank’s product line includes 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, consumer loans and a range of demand, savings and time deposit products, among others. The Bank also offers Internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, remote depository products and access to a network of automated teller machines (ATMs) to its customers. It conducts a full service commercial, consumer and mortgage banking business through approximately 30 offices in various cities.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment increased to 1.25 in 2016 Q2. Its up 0.45, from 0.8 in 2016Q1. The ratio increased, as 0 funds sold all Colony Bankcorp Inc shares owned while 5 reduced positions. 0 funds bought stakes while 4 increased positions. They now own 1.01 million shares or 5.30% more from 955,798 shares in 2016Q1.

Eidelman Virant Capital has 0.28% invested in the company for 47,182 shares. Alliancebernstein Ltd Partnership reported 131,159 shares or 0% of all its holdings. Blackrock Management Lc owns 1,056 shares or 0% of their US portfolio. The California-based Blackrock Fund Advsr has invested 0% in Colony Bankcorp Inc (NASDAQ:CBAN). Federated Invsts Pa holds 0% or 635 shares in its portfolio. Pear Tree Advsrs last reported 0.08% of its portfolio in the stock. Wells Fargo Mn last reported 0% of its portfolio in the stock. Blackrock Advsrs Ltd Liability Co owns 463 shares or 0% of their US portfolio. The Pennsylvania-based Vanguard has invested 0% in Colony Bankcorp Inc (NASDAQ:CBAN). Moreover, Morgan Stanley has 0% invested in Colony Bankcorp Inc (NASDAQ:CBAN) for 1,555 shares. Tower Rech Lc (Trc) has 124 shares for 0% of their US portfolio. Renaissance Techs Ltd Liability holds 0% of its portfolio in Colony Bankcorp Inc (NASDAQ:CBAN) for 33,400 shares. Deutsche Bank Ag last reported 300 shares in the company. Bridgeway Inc owns 16,668 shares or 0% of their US portfolio. Schneider Cap Mgmt Corporation reported 21,772 shares or 0.04% of all its holdings.

Insider Transactions: Since August 26, 2016, the stock had 1 buying transaction, and 0 insider sales for $7,239 net activity. Hoyle M. Edward Jr. bought $7,239 worth of Colony Bankcorp Inc (NASDAQ:CBAN) on Friday, August 26.

Analysts await Colony Bankcorp Inc (NASDAQ:CBAN) to report earnings on January, 24.

The stock increased 2.75% or $0.3 on November 25, hitting $11.2. About 889 shares traded hands. Colony Bankcorp Inc (NASDAQ:CBAN) has risen 15.47% since April 22, 2016 and is uptrending. It has outperformed by 10.06% the S&P500.

Colony Bankcorp, Inc. is a bank holding company. The company has a market cap of $92.40 million. The Firm operates through its subsidiary, Colony Bank (the Bank). It has a 13.83 P/E ratio. The Bank offers traditional banking services and products to commercial and consumer clients in its markets.

More notable recent Colony Bankcorp Inc (NASDAQ:CBAN) news were published by: Globenewswire.com which released: “Colony Bankcorp, Inc. Announces Partial Redemption of Preferred Stock” on September 07, 2016, also Nasdaq.com with their article: “Colony Bankcorp, Inc. Announces Third Quarter Results” published on October 20, 2016, Reuters.com published: “BRIEF-Colony Bankcorp posts Q3 earnings of $0.22/share” on October 20, 2016. More interesting news about Colony Bankcorp Inc (NASDAQ:CBAN) were released by: Globenewswire.com and their article: “Colony Bankcorp, Inc., Chairman Gene Waldron and Board of Directors Announces …” published on January 31, 2012 as well as Investorplace.com‘s news article titled: “Biggest Movers in Financial Stocks Now – OUT COWN PFBI RBS” with publication date: November 22, 2016.

According to Zacks Investment Research, “Colony Bankcorp, Inc., a multibank holding company, provides retail and commercial banking services to consumers and small to medium size businesses primarily in south Georgia. It offers various deposits, including interest bearing demand and savings deposits, checking accounts, and time deposits, as well as individual retirement accounts. Colony Bank’s philosophy is firmly grounded in the principle that banking is about relationships, not just products and technology.”

CBAN Company Profile

Colony Bankcorp, Inc. (Colony), incorporated on November 8, 1982, is a bank holding company. The Firm operates through its subsidiary, Colony Bank (the Bank). The Bank offers traditional banking services and products to commercial and consumer clients in its markets. The Bank’s product line includes 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, consumer loans and a range of demand, savings and time deposit products, among others. The Bank also offers Internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, remote depository products and access to a network of automated teller machines (ATMs) to its customers. Colony Bank conducts a full service commercial, consumer and mortgage banking business through approximately 30 offices located in central, south and coastal Georgia cities of Fitzgerald, Warner Robins, Centerville, Ashburn, Leesburg, Cordele, Albany, Thomaston, Columbus, Sylvester, Tifton, Moultrie, Douglas, Broxton, Savannah, Eastman, Chester, Soperton, Rochelle, Pitts, Quitman and Valdosta, Georgia.

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