SG Americas Securities LLC Purchases 763 Shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY)

SG Americas Securities LLC increased its position in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 20.6% in the 4th quarter, HoldingsChannel reports. The firm owned 4,461 shares of the company’s stock after acquiring an additional 763 shares during the quarter. SG Americas Securities LLC’s holdings in Guaranty Bancshares were worth $150,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GNTY. MetLife Investment Management LLC grew its position in Guaranty Bancshares by 57.0% in the first quarter. MetLife Investment Management LLC now owns 4,563 shares of the company’s stock valued at $160,000 after acquiring an additional 1,657 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Guaranty Bancshares by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 229,637 shares of the company’s stock valued at $8,038,000 after purchasing an additional 13,821 shares during the period. Renaissance Technologies LLC raised its position in shares of Guaranty Bancshares by 6.0% during the first quarter. Renaissance Technologies LLC now owns 58,569 shares of the company’s stock worth $2,050,000 after acquiring an additional 3,300 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Guaranty Bancshares by 28.8% during the first quarter. Goldman Sachs Group Inc. now owns 28,663 shares of the company’s stock worth $1,003,000 after buying an additional 6,402 shares during the period. Finally, Rhumbline Advisers increased its holdings in Guaranty Bancshares by 7.7% in the second quarter. Rhumbline Advisers now owns 11,688 shares of the company’s stock worth $424,000 after purchasing an additional 832 shares in the last quarter. Institutional investors and hedge funds own 39.39% of the company’s stock.

Guaranty Bancshares Trading Down 3.3 %

NASDAQ GNTY opened at $27.82 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.63. The stock has a 50-day moving average of $29.72 and a 200-day moving average of $30.33. The firm has a market cap of $320.76 million, a PE ratio of 10.91 and a beta of 0.53. Guaranty Bancshares, Inc. has a 1-year low of $22.12 and a 1-year high of $35.00.

Guaranty Bancshares (NASDAQ:GNTY) last announced its earnings results on Tuesday, January 16th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The company had revenue of $28.61 million during the quarter, compared to the consensus estimate of $27.65 million. Guaranty Bancshares had a return on equity of 9.87% and a net margin of 16.79%. During the same quarter in the prior year, the company earned $1.05 earnings per share. As a group, sell-side analysts forecast that Guaranty Bancshares, Inc. will post 2.2 EPS for the current year.

Guaranty Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Monday, March 25th were given a dividend of $0.24 per share. This is a boost from Guaranty Bancshares’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date was Friday, March 22nd. Guaranty Bancshares’s dividend payout ratio (DPR) is 37.65%.

Insider Buying and Selling

In other news, Director James S. Bunch bought 1,000 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was acquired at an average cost of $29.40 per share, with a total value of $29,400.00. Following the completion of the acquisition, the director now owns 166,000 shares of the company’s stock, valued at $4,880,400. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 26.39% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Stephens restated an “overweight” rating and set a $36.00 price target on shares of Guaranty Bancshares in a report on Wednesday, January 17th. Piper Sandler cut their price target on Guaranty Bancshares from $34.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Keefe, Bruyette & Woods decreased their price target on Guaranty Bancshares from $35.00 to $34.00 and set a “market perform” rating on the stock in a research report on Tuesday.

Guaranty Bancshares Company Profile

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, agricultural, multi-family residential, and consumer loans.