Guaranty Bancshares, Inc. (NASDAQ:GNTY) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 380,222 shares of the company’s stock after buying an additional 8,875 shares during the period. Dimensional Fund Advisors LP owned about 3.33% of Guaranty Bancshares worth $13,156,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Picton Mahoney Asset Management purchased a new position in shares of Guaranty Bancshares in the fourth quarter worth about $30,000. SG Americas Securities LLC acquired a new stake in Guaranty Bancshares in the 4th quarter valued at about $122,000. Wells Fargo & Company MN raised its holdings in Guaranty Bancshares by 26.4% in the 4th quarter. Wells Fargo & Company MN now owns 4,628 shares of the company’s stock valued at $160,000 after acquiring an additional 967 shares during the last quarter. Trexquant Investment LP acquired a new stake in shares of Guaranty Bancshares in the 4th quarter worth $327,000. Finally, Rhumbline Advisers raised its holdings in shares of Guaranty Bancshares by 3.8% during the 4th quarter. Rhumbline Advisers now owns 11,630 shares of the company’s stock worth $402,000 after acquiring an additional 428 shares during the period. 39.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods lifted their price target on shares of Guaranty Bancshares from $42.00 to $43.00 and gave the company a “market perform” rating in a research report on Tuesday, April 22nd.

Guaranty Bancshares Trading Down 0.2 %

Shares of GNTY stock opened at $40.74 on Friday. Guaranty Bancshares, Inc. has a fifty-two week low of $27.01 and a fifty-two week high of $42.95. The company has a 50 day moving average price of $39.50 and a 200 day moving average price of $37.97. The stock has a market capitalization of $462.48 million, a P/E ratio of 14.81 and a beta of 0.41. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.83 and a current ratio of 0.83.

Guaranty Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st were paid a $0.25 dividend. This is an increase from Guaranty Bancshares’s previous quarterly dividend of $0.24. The ex-dividend date was Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.45%. Guaranty Bancshares’s payout ratio is 34.25%.

Guaranty Bancshares 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.