Steward Partners Investment Advisory LLC Invests $69,000 in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

Steward Partners Investment Advisory LLC acquired a new position in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTYGet Rating) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,958 shares of the company’s stock, valued at approximately $69,000.

A number of other institutional investors also recently made changes to their positions in GNTY. Advisor Group Holdings Inc. raised its position in shares of Guaranty Bancshares by 108.1% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,731 shares of the company’s stock valued at $65,000 after buying an additional 899 shares in the last quarter. BNP Paribas Arbitrage SA raised its position in shares of Guaranty Bancshares by 74.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 3,675 shares of the company’s stock valued at $138,000 after buying an additional 1,571 shares in the last quarter. VeraBank N.A. acquired a new stake in shares of Guaranty Bancshares in the fourth quarter valued at approximately $204,000. Russell Investments Group Ltd. raised its position in shares of Guaranty Bancshares by 10.9% in the fourth quarter. Russell Investments Group Ltd. now owns 37,322 shares of the company’s stock valued at $1,401,000 after buying an additional 3,662 shares in the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of Guaranty Bancshares by 4.1% in the fourth quarter. Acadian Asset Management LLC now owns 48,928 shares of the company’s stock valued at $1,837,000 after buying an additional 1,930 shares in the last quarter. Institutional investors own 22.20% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Raymond James downgraded shares of Guaranty Bancshares from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 7th.

Guaranty Bancshares Stock Down 0.6 %

Shares of GNTY opened at $36.70 on Thursday. Guaranty Bancshares, Inc. has a one year low of $32.21 and a one year high of $44.60. The company has a market cap of $443.59 million, a P/E ratio of 11.19 and a beta of 0.44. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50 day simple moving average of $36.24 and a two-hundred day simple moving average of $35.84.

Guaranty Bancshares (NASDAQ:GNTYGet Rating) last announced its quarterly earnings data on Monday, July 18th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.77 by $0.12. Guaranty Bancshares had a net margin of 30.53% and a return on equity of 14.68%. During the same quarter in the prior year, the company earned $0.77 earnings per share. Research analysts forecast that Guaranty Bancshares, Inc. will post 3.45 EPS for the current fiscal year.

Guaranty Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 13th. Shareholders of record on Monday, June 27th were given a dividend of $0.22 per share. The ex-dividend date was Friday, June 24th. This represents a $0.88 annualized dividend and a yield of 2.40%. Guaranty Bancshares’s dividend payout ratio is currently 26.83%.

Insider Buying and Selling at Guaranty Bancshares

In other news, CEO Tyson T. Abston sold 10,000 shares of the company’s stock in a transaction on Friday, July 29th. The shares were sold at an average price of $37.13, for a total transaction of $371,300.00. Following the completion of the transaction, the chief executive officer now directly owns 49,439 shares in the company, valued at $1,835,670.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Tyson T. Abston sold 6,000 shares of the company’s stock in a transaction on Tuesday, July 26th. The shares were sold at an average price of $36.58, for a total transaction of $219,480.00. Following the completion of the transaction, the chief executive officer now directly owns 59,439 shares in the company, valued at $2,174,278.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tyson T. Abston sold 10,000 shares of the company’s stock in a transaction on Friday, July 29th. The stock was sold at an average price of $37.13, for a total transaction of $371,300.00. Following the transaction, the chief executive officer now owns 49,439 shares of the company’s stock, valued at $1,835,670.07. The disclosure for this sale can be found here. Company insiders own 26.59% of the company’s stock.

Guaranty Bancshares Company Profile

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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 and agricultural, multi-family residential, and consumer loans.

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Institutional Ownership by Quarter for Guaranty Bancshares (NASDAQ:GNTY)

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