Insider Buying: Guaranty Bancshares, Inc. (NASDAQ:GNTY) Director Buys $14,865.19 in Stock

Guaranty Bancshares, Inc. (NASDAQ:GNTY – Get Rating) Director Richard W. Baker acquired 431 shares of the stock in a transaction that occurred on Friday, January 20th. The stock was purchased at an average price of $34.49 per share, with a total value of $14,865.19. Following the transaction, the director now owns 644,500 shares in the company, valued at $22,228,805. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Guaranty Bancshares Price Performance

GNTY opened at $34.36 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.96. Guaranty Bancshares, Inc. has a 12 month low of $33.78 and a 12 month high of $38.50. The company has a fifty day simple moving average of $35.02 and a 200 day simple moving average of $35.54. The stock has a market cap of $410.26 million, a P/E ratio of 10.26 and a beta of 0.42.

Guaranty Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 11th. Investors of record on Saturday, December 31st were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend was Thursday, December 29th. Guaranty Bancshares’s dividend payout ratio is currently 26.27%.

Institutional Trading of Guaranty Bancshares

Large investors have recently made changes to their positions in the company. Amalgamated Bank bought a new position in Guaranty Bancshares during the 1st quarter worth about $34,000. Allspring Global Investments Holdings LLC increased its holdings in Guaranty Bancshares by 300.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,172 shares of the company’s stock worth $40,000 after purchasing an additional 879 shares in the last quarter. SG Americas Securities LLC bought a new position in Guaranty Bancshares during the 2nd quarter worth about $122,000. BNP Paribas Arbitrage SA increased its holdings in Guaranty Bancshares by 141.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,877 shares of the company’s stock worth $141,000 after purchasing an additional 2,269 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Guaranty Bancshares by 57.0% during the 1st quarter. MetLife Investment Management LLC now owns 4,563 shares of the company’s stock worth $160,000 after purchasing an additional 1,657 shares in the last quarter. Institutional investors own 24.17% of the company’s stock.

Guaranty Bancshares Company Profile

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Guaranty Bancshares, Inc is a bank holding company, which engages in the provision of financial products and services. It offers online banking and bill pay, fraud protection, person-to-person payments, direct deposits, personal loans, auto loans, student checking, and premium checking. The company was founded on January 13, 1913 and is headquartered in Addison, TX.