BidaskClub upgraded shares of Guaranty Bancshares (NASDAQ:GNTY) from a sell rating to a hold rating in a report published on Monday.
GNTY has been the subject of a number of other research reports. Zacks Investment Research upgraded Guaranty Bancshares from a hold rating to a buy rating and set a $35.00 price target for the company in a research note on Friday, January 12th. Sandler O’Neill reissued a hold rating and set a $33.00 price objective on shares of Guaranty Bancshares in a report on Monday, January 29th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $34.00.
Shares of Guaranty Bancshares (NASDAQ GNTY) opened at $32.39 on Monday. Guaranty Bancshares has a 12 month low of $28.00 and a 12 month high of $36.38. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $359.42, a price-to-earnings ratio of 20.57 and a beta of 0.05.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Tuesday, December 26th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Friday, December 22nd. This is an increase from Guaranty Bancshares’s previous quarterly dividend of $0.13. Guaranty Bancshares’s dividend payout ratio is 39.72%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Thomson Horstmann & Bryant Inc. boosted its holdings in shares of Guaranty Bancshares by 16.4% during the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 182,100 shares of the company’s stock valued at $5,581,000 after purchasing an additional 25,619 shares during the last quarter. Castine Capital Management LLC boosted its holdings in shares of Guaranty Bancshares by 4.7% during the 3rd quarter. Castine Capital Management LLC now owns 98,385 shares of the company’s stock valued at $3,147,000 after purchasing an additional 4,399 shares during the last quarter. UBS Asset Management Americas Inc. bought a new position in shares of Guaranty Bancshares during the 2nd quarter valued at about $2,359,000. Asset Dedication LLC bought a new position in shares of Guaranty Bancshares during the 4th quarter valued at about $1,802,000. Finally, Hennessy Advisors Inc. boosted its holdings in shares of Guaranty Bancshares by 22.2% during the 3rd quarter. Hennessy Advisors Inc. now owns 55,000 shares of the company’s stock valued at $1,759,000 after purchasing an additional 10,000 shares during the last quarter. 20.69% of the stock is owned by institutional investors and hedge funds.
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Guaranty Bancshares Company Profile
Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.
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