American Century Companies Inc. Trims Stock Position in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

American Century Companies Inc. lessened its stake in Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 48,267 shares of the company’s stock after selling 587 shares during the quarter. American Century Companies Inc. owned 0.42% of Guaranty Bancshares worth $1,670,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Rhumbline Advisers increased its stake in shares of Guaranty Bancshares by 3.8% during the fourth quarter. Rhumbline Advisers now owns 11,630 shares of the company’s stock worth $402,000 after purchasing an additional 428 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in shares of Guaranty Bancshares during the 4th quarter worth approximately $30,000. Bank of New York Mellon Corp grew its position in shares of Guaranty Bancshares by 2.9% in the fourth quarter. Bank of New York Mellon Corp now owns 42,103 shares of the company’s stock valued at $1,457,000 after purchasing an additional 1,180 shares in the last quarter. Geode Capital Management LLC lifted its position in Guaranty Bancshares by 1.6% during the third quarter. Geode Capital Management LLC now owns 187,860 shares of the company’s stock worth $6,461,000 after buying an additional 2,896 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Guaranty Bancshares in the 4th quarter valued at $122,000. 39.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised their price objective on shares of Guaranty Bancshares from $40.00 to $42.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 22nd.

Guaranty Bancshares Stock Performance

Shares of Guaranty Bancshares stock opened at $38.89 on Thursday. The firm has a market cap of $441.48 million, a PE ratio of 14.14 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.14. Guaranty Bancshares, Inc. has a 52 week low of $27.01 and a 52 week high of $42.95. The business’s fifty day simple moving average is $40.14 and its 200-day simple moving average is $37.12.

Guaranty Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.57%. This is a boost from Guaranty Bancshares’s previous quarterly dividend of $0.24. Guaranty Bancshares’s dividend payout ratio is presently 36.36%.

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.