Guaranty Bancshares (NASDAQ:GNTY) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report released on Thursday, January 25th.
Separately, Zacks Investment Research upgraded Guaranty Bancshares from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Friday, January 12th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $34.00.
Guaranty Bancshares (NASDAQ GNTY) opened at $31.13 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $344.82, a PE ratio of 22.08 and a beta of 0.05. Guaranty Bancshares has a 52-week low of $28.00 and a 52-week high of $36.38.
Hedge funds and other institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund bought a new position in shares of Guaranty Bancshares during the second quarter worth approximately $109,000. California State Teachers Retirement System bought a new position in shares of Guaranty Bancshares during the second quarter worth approximately $115,000. TIAA CREF Investment Management LLC bought a new position in shares of Guaranty Bancshares during the second quarter worth approximately $156,000. Cullen Frost Bankers Inc. bought a new position in shares of Guaranty Bancshares during the third quarter worth approximately $211,000. Finally, Wells Fargo & Company MN grew its position in Guaranty Bancshares by 4,856.9% during the fourth quarter. Wells Fargo & Company MN now owns 7,138 shares of the company’s stock worth $219,000 after buying an additional 6,994 shares in the last quarter. Institutional investors own 20.68% of the company’s stock.
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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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