Guaranty Bancshares, Inc. (NASDAQ:GNTY) Director Richard W. Baker Buys 1,023 Shares of Stock

Guaranty Bancshares, Inc. (NASDAQ:GNTYGet Rating) Director Richard W. Baker acquired 1,023 shares of Guaranty Bancshares stock in a transaction dated Monday, September 19th. The shares were bought at an average cost of $34.50 per share, with a total value of $35,293.50. Following the transaction, the director now owns 564,730 shares in the company, valued at $19,483,185. The purchase was disclosed in a filing with the SEC, which is available through this link.

Guaranty Bancshares Stock Up 0.4 %

Shares of NASDAQ GNTY opened at $35.27 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.78 and a quick ratio of 0.78. The company has a 50-day moving average price of $35.95 and a 200-day moving average price of $35.72. The stock has a market capitalization of $426.31 million, a P/E ratio of 10.75 and a beta of 0.46. Guaranty Bancshares, Inc. has a 1 year low of $33.09 and a 1 year high of $44.60.

Guaranty Bancshares (NASDAQ:GNTYGet Rating) last issued its quarterly earnings data on Monday, July 18th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.79 by $0.27. The firm had revenue of $32.93 million during the quarter, compared to the consensus estimate of $31.20 million. Guaranty Bancshares had a return on equity of 14.85% and a net margin of 30.53%. During the same period in the prior year, the business posted $0.77 earnings per share. On average, equities research analysts forecast that Guaranty Bancshares, Inc. will post 3.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Institutional Trading of Guaranty Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the company. Amalgamated Bank purchased a new stake in Guaranty Bancshares in the 1st quarter valued at about $34,000. Advisor Group Holdings Inc. increased its position in shares of Guaranty Bancshares by 108.1% during the fourth quarter. Advisor Group Holdings Inc. now owns 1,731 shares of the company’s stock valued at $65,000 after acquiring an additional 899 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new position in Guaranty Bancshares in the first quarter worth $69,000. SG Americas Securities LLC bought a new position in Guaranty Bancshares in the 2nd quarter valued at $122,000. Finally, BNP Paribas Arbitrage SA increased its position in shares of Guaranty Bancshares by 74.7% during the 4th quarter. BNP Paribas Arbitrage SA now owns 3,675 shares of the company’s stock valued at $138,000 after purchasing an additional 1,571 shares during the last quarter. Hedge funds and other institutional investors own 23.86% of the company’s stock.

About Guaranty Bancshares

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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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Insider Buying and Selling by Quarter for Guaranty Bancshares (NASDAQ:GNTY)

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