SG Americas Securities LLC Buys New Stake in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

SG Americas Securities LLC bought a new stake in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,015 shares of the company’s stock, valued at approximately $104,000.

Several other institutional investors also recently bought and sold shares of the stock. MetLife Investment Management LLC grew its stake in shares of Guaranty Bancshares by 57.0% in the 1st quarter. MetLife Investment Management LLC now owns 4,563 shares of the company’s stock worth $160,000 after buying an additional 1,657 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Guaranty Bancshares by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 229,637 shares of the company’s stock worth $8,038,000 after buying an additional 13,821 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Guaranty Bancshares by 6.0% in the 1st quarter. Renaissance Technologies LLC now owns 58,569 shares of the company’s stock worth $2,050,000 after buying an additional 3,300 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Guaranty Bancshares by 28.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 28,663 shares of the company’s stock worth $1,003,000 after buying an additional 6,402 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Guaranty Bancshares by 7.7% in the 2nd quarter. Rhumbline Advisers now owns 11,688 shares of the company’s stock worth $424,000 after buying an additional 832 shares in the last quarter. 24.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Guaranty Bancshares

In related news, Director James S. Bunch purchased 2,000 shares of the stock in a transaction dated Thursday, March 9th. The shares were acquired at an average cost of $29.70 per share, with a total value of $59,400.00. Following the purchase, the director now directly owns 157,000 shares in the company, valued at approximately $4,662,900. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Guaranty Bancshares news, EVP Charles A. Cowell acquired 1,981 shares of the business’s stock in a transaction dated Friday, March 3rd. The shares were acquired at an average price of $31.00 per share, for a total transaction of $61,411.00. Following the acquisition, the executive vice president now directly owns 13,491 shares of the company’s stock, valued at approximately $418,221. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James S. Bunch acquired 2,000 shares of the business’s stock in a transaction dated Thursday, March 9th. The shares were acquired at an average price of $29.70 per share, for a total transaction of $59,400.00. Following the acquisition, the director now directly owns 157,000 shares in the company, valued at $4,662,900. The disclosure for this purchase can be found here. In the last three months, insiders have bought 13,000 shares of company stock valued at $382,571. 24.98% of the stock is owned by company insiders.

Guaranty Bancshares Trading Down 1.8 %

Shares of Guaranty Bancshares stock opened at $22.86 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.15. Guaranty Bancshares, Inc. has a 12-month low of $22.12 and a 12-month high of $37.89. The firm has a market capitalization of $269.77 million, a price-to-earnings ratio of 7.23 and a beta of 0.41. The firm’s 50 day simple moving average is $25.92 and its two-hundred day simple moving average is $31.22.

Guaranty Bancshares (NASDAQ:GNTY – Get Rating) last issued its quarterly earnings results on Monday, April 17th. The company reported $0.69 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.69. Guaranty Bancshares had a net margin of 24.30% and a return on equity of 17.06%. The company had revenue of $42.05 million during the quarter, compared to the consensus estimate of $32.30 million. During the same quarter in the previous year, the firm earned $0.90 earnings per share. Analysts predict that Guaranty Bancshares, Inc. will post 2.38 EPS for the current year.

Guaranty Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 12th. Stockholders of record on Monday, March 27th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.02%. This is a boost from Guaranty Bancshares’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, March 24th. Guaranty Bancshares’s payout ratio is presently 29.11%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GNTY shares. TheStreet cut shares of Guaranty Bancshares from a “b-” rating to a “c+” rating in a research report on Monday, May 8th. Piper Sandler lowered their price target on shares of Guaranty Bancshares from $31.00 to $27.50 in a research report on Tuesday, April 18th.

About Guaranty Bancshares

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Guaranty Bancshares, Inc is a bank holding company, which engages in the provision of financial products and services. It offers online banking and bill pay, fraud protection, person-to-person payments, direct deposits, personal loans, auto loans, student checking, and premium checking. The company was founded on January 13, 1913 and is headquartered in Addison, TX.