SG Americas Securities LLC Buys Shares of 3,514 Guaranty Bancshares, Inc. (NASDAQ:GNTY)

SG Americas Securities LLC bought a new stake in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,514 shares of the company’s stock, valued at approximately $122,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MGB Wealth Management LLC bought a new position in Guaranty Bancshares during the 3rd quarter valued at about $631,000. JPMorgan Chase & Co. increased its position in shares of Guaranty Bancshares by 356.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,070 shares of the company’s stock valued at $793,000 after purchasing an additional 18,015 shares during the last quarter. Barclays PLC increased its position in shares of Guaranty Bancshares by 75.4% during the 3rd quarter. Barclays PLC now owns 23,966 shares of the company’s stock valued at $823,000 after purchasing an additional 10,299 shares during the last quarter. Zacks Investment Management purchased a new stake in shares of Guaranty Bancshares during the 3rd quarter valued at about $1,323,000. Finally, FCG Investment Co purchased a new stake in shares of Guaranty Bancshares during the 3rd quarter valued at about $1,549,000. Institutional investors own 39.39% of the company’s stock.

Guaranty Bancshares Trading Up 1.2 %

Guaranty Bancshares stock opened at $41.72 on Wednesday. Guaranty Bancshares, Inc. has a 12-month low of $27.01 and a 12-month high of $42.95. The firm has a market capitalization of $476.44 million, a price-to-earnings ratio of 15.17 and a beta of 0.62. The firm has a 50 day moving average of $37.15 and a 200 day moving average of $35.15. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.14.

Guaranty Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Monday, December 30th were paid a $0.24 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.30%. Guaranty Bancshares’s dividend payout ratio (DPR) is presently 34.91%.

Wall Street Analyst Weigh In

Several research firms have recently commented on GNTY. Stephens upped their price target on shares of Guaranty Bancshares from $38.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, October 22nd. Keefe, Bruyette & Woods raised their target price on Guaranty Bancshares from $40.00 to $42.00 and gave the stock a “market perform” rating in a report on Wednesday, January 22nd.

About Guaranty Bancshares

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