GAMMA Investing LLC Boosts Stock Holdings in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

GAMMA Investing LLC raised its holdings in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 57,540.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 2,882 shares of the company’s stock after purchasing an additional 2,877 shares during the period. GAMMA Investing LLC’s holdings in Guaranty Bancshares were worth $1,150,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GNTY. Rhumbline Advisers increased its position in Guaranty Bancshares by 3.8% during the 4th quarter. Rhumbline Advisers now owns 11,630 shares of the company’s stock valued at $402,000 after purchasing an additional 428 shares during the period. Bank of New York Mellon Corp grew its position in shares of Guaranty Bancshares by 2.9% in the 4th quarter. Bank of New York Mellon Corp now owns 42,103 shares of the company’s stock worth $1,457,000 after buying an additional 1,180 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Guaranty Bancshares in the 4th quarter worth approximately $532,000. Picton Mahoney Asset Management purchased a new position in shares of Guaranty Bancshares in the 4th quarter worth approximately $30,000. Finally, JPMorgan Chase & Co. grew its position in shares of Guaranty Bancshares by 82.0% in the 4th quarter. JPMorgan Chase & Co. now owns 41,991 shares of the company’s stock worth $1,453,000 after buying an additional 18,921 shares during the last quarter. Hedge funds and other institutional investors own 39.39% of the company’s stock.

Guaranty Bancshares Stock Down 2.6%

Shares of Guaranty Bancshares stock opened at $40.48 on Monday. The firm’s 50 day moving average price is $40.36 and its 200-day moving average price is $39.06. 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 $27.99 and a 52-week high of $43.09. The company has a market cap of $459.08 million, a P/E ratio of 14.72 and a beta of 0.44.

Analysts Set New Price Targets

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

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.