Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP Charles A. Cowell Purchases 5,330 Shares of Stock

Guaranty Bancshares, Inc. (NASDAQ:GNTY – Get Rating) EVP Charles A. Cowell acquired 5,330 shares of the stock in a transaction that occurred on Monday, March 6th. The shares were bought at an average cost of $31.00 per share, with a total value of $165,230.00. Following the transaction, the executive vice president now directly owns 18,821 shares in the company, valued at approximately $583,451. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Guaranty Bancshares Stock Performance

NASDAQ:GNTY opened at $30.45 on Tuesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $363.57 million, a P/E ratio of 9.09 and a beta of 0.44. The company has a 50 day moving average price of $33.18 and a 200 day moving average price of $34.58. Guaranty Bancshares, Inc. has a fifty-two week low of $30.16 and a fifty-two week high of $37.91.

Guaranty Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 11th. Shareholders of record on Saturday, December 31st were given a $0.22 dividend. The ex-dividend date was Thursday, December 29th. This represents a $0.88 annualized dividend and a yield of 2.89%. Guaranty Bancshares’s dividend payout ratio is presently 26.27%.

Hedge Funds Weigh In On Guaranty Bancshares

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GNTY. Lazard Asset Management LLC boosted its position in Guaranty Bancshares by 313.6% in the 4th quarter. Lazard Asset Management LLC now owns 790 shares of the company’s stock valued at $27,000 after buying an additional 599 shares during the period. Allspring Global Investments Holdings LLC boosted its position in Guaranty Bancshares by 300.0% in the 3rd 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 period. Wells Fargo & Company MN boosted its position in Guaranty Bancshares by 42.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,601 shares of the company’s stock valued at $55,000 after buying an additional 476 shares during the period. UBS Group AG purchased a new position in Guaranty Bancshares in the 4th quarter valued at approximately $78,000. Finally, LSV Asset Management purchased a new position in Guaranty Bancshares in the 4th quarter valued at approximately $83,000. Hedge funds and other institutional investors own 24.17% of the company’s stock.

About Guaranty Bancshares

(Get Rating)

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.