Martingale Asset Management L P Grows Holdings in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

Martingale Asset Management L P lifted its stake in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTYGet Rating) by 13.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,388 shares of the company’s stock after purchasing an additional 895 shares during the period. Martingale Asset Management L P’s holdings in Guaranty Bancshares were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Rice Hall James & Associates LLC increased its stake in shares of Guaranty Bancshares by 23.0% during the second quarter. Rice Hall James & Associates LLC now owns 80,138 shares of the company’s stock worth $2,905,000 after purchasing an additional 14,959 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Guaranty Bancshares during the second quarter worth about $122,000. Russell Investments Group Ltd. increased its stake in shares of Guaranty Bancshares by 29.9% during the second quarter. Russell Investments Group Ltd. now owns 39,724 shares of the company’s stock worth $1,437,000 after purchasing an additional 9,133 shares in the last quarter. Arkadios Wealth Advisors increased its stake in shares of Guaranty Bancshares by 69.3% during the second quarter. Arkadios Wealth Advisors now owns 293,632 shares of the company’s stock worth $10,644,000 after purchasing an additional 120,149 shares in the last quarter. Finally, Amalgamated Bank purchased a new stake in shares of Guaranty Bancshares during the first quarter worth about $34,000. Hedge funds and other institutional investors own 23.86% of the company’s stock.

Guaranty Bancshares Stock Down 0.5 %

GNTY stock opened at $35.23 on Thursday. The stock has a market capitalization of $420.65 million, a P/E ratio of 10.27 and a beta of 0.45. The firm has a 50-day simple moving average of $35.59 and a 200-day simple moving average of $35.79. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.96. Guaranty Bancshares, Inc. has a 52 week low of $33.78 and a 52 week high of $44.60.

Guaranty Bancshares (NASDAQ:GNTYGet Rating) last posted its quarterly earnings results on Monday, October 17th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.24. The firm had revenue of $34.10 million for the quarter, compared to analyst estimates of $33.60 million. Guaranty Bancshares had a net margin of 30.26% and a return on equity of 16.37%. During the same period in the previous year, the business posted $0.80 earnings per share. Equities analysts forecast that Guaranty Bancshares, Inc. will post 3.46 earnings per share for the current fiscal year.

Guaranty Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 12th. Investors of record on Saturday, October 1st were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, September 29th. This represents a $0.88 dividend on an annualized basis and a yield of 2.50%. Guaranty Bancshares’s payout ratio is presently 25.66%.

Insider Buying and Selling

In other Guaranty Bancshares news, Director Richard W. Baker purchased 1,897 shares of the stock in a transaction that occurred on Thursday, November 3rd. The shares were purchased at an average cost of $34.50 per share, for a total transaction of $65,446.50. Following the completion of the transaction, the director now owns 578,689 shares of the company’s stock, valued at approximately $19,964,770.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Guaranty Bancshares news, Director Richard W. Baker purchased 1,897 shares of the stock in a transaction that occurred on Thursday, November 3rd. The shares were purchased at an average cost of $34.50 per share, for a total transaction of $65,446.50. Following the completion of the transaction, the director now owns 578,689 shares of the company’s stock, valued at approximately $19,964,770.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard W. Baker bought 1,692 shares of the firm’s stock in a transaction on Wednesday, September 14th. The stock was purchased at an average price of $34.49 per share, for a total transaction of $58,357.08. Following the completion of the acquisition, the director now directly owns 556,191 shares in the company, valued at $19,183,027.59. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 16,367 shares of company stock worth $563,839. 26.59% of the stock is owned by insiders.

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.

See Also

Want to see what other hedge funds are holding GNTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Guaranty Bancshares, Inc. (NASDAQ:GNTYGet Rating).

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

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