Guaranty Bancshares, Inc. (NASDAQ:GNTY) Director Richard W. Baker Purchases 4,143 Shares of Stock

Guaranty Bancshares, Inc. (NASDAQ:GNTYGet Rating) Director Richard W. Baker bought 4,143 shares of the business’s stock in a transaction on Thursday, January 5th. The stock was acquired at an average cost of $34.50 per share, for a total transaction of $142,933.50. Following the acquisition, the director now directly owns 632,861 shares of the company’s stock, valued at $21,833,704.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Guaranty Bancshares Stock Performance

Shares of NASDAQ GNTY opened at $34.66 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.96. The firm’s 50-day moving average price is $35.16 and its two-hundred day moving average price is $35.62. Guaranty Bancshares, Inc. has a 52-week low of $33.78 and a 52-week high of $44.60. The stock has a market capitalization of $413.84 million, a P/E ratio of 10.10 and a beta of 0.42.

Guaranty Bancshares (NASDAQ:GNTYGet Rating) last issued its earnings results on Monday, October 17th. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.24. Guaranty Bancshares had a net margin of 30.26% and a return on equity of 16.37%. The firm had revenue of $34.10 million for the quarter, compared to analysts’ expectations of $33.60 million. During the same quarter last year, the company posted $0.80 earnings per share. As a group, sell-side analysts forecast that Guaranty Bancshares, Inc. will post 3.5 earnings per share for the current year.

Guaranty Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 11th. Shareholders of record on Saturday, December 31st will be issued a $0.22 dividend. The ex-dividend date is Thursday, December 29th. This represents a $0.88 dividend on an annualized basis and a yield of 2.54%. Guaranty Bancshares’s dividend payout ratio is currently 25.66%.

Institutional Investors Weigh In On Guaranty Bancshares

A number of hedge funds have recently made changes to their positions in the business. Barclays PLC raised its holdings in shares of Guaranty Bancshares by 4.6% during the third quarter. Barclays PLC now owns 12,040 shares of the company’s stock valued at $417,000 after buying an additional 532 shares during the last quarter. Rice Hall James & Associates LLC raised its holdings in shares of Guaranty Bancshares by 0.8% during the third quarter. Rice Hall James & Associates LLC now owns 80,805 shares of the company’s stock valued at $2,795,000 after buying an additional 667 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Guaranty Bancshares by 9.5% during the third quarter. Royal Bank of Canada now owns 8,649 shares of the company’s stock valued at $299,000 after buying an additional 752 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Guaranty Bancshares by 7.7% during the second quarter. Rhumbline Advisers now owns 11,688 shares of the company’s stock valued at $424,000 after buying an additional 832 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Guaranty Bancshares by 300.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,172 shares of the company’s stock valued at $40,000 after buying an additional 879 shares during the last quarter. Institutional investors own 24.17% of the company’s stock.

Guaranty Bancshares Company Profile

(Get Rating)

Guaranty Bancshares, Inc operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized businesses, professionals, and individuals. The company offers checking and savings, money market, and business accounts, as well as certificates of deposit; and commercial and industrial, construction and development, 1-4 family residential, commercial real estate, farmland and agricultural, multi-family residential, and consumer loans.

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Insider Buying and Selling by Quarter for Guaranty Bancshares (NASDAQ:GNTY)

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