Trexquant Investment LP Invests $327,000 in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

Trexquant Investment LP acquired a new stake in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,459 shares of the company's stock, valued at approximately $327,000. Trexquant Investment LP owned approximately 0.08% of Guaranty Bancshares as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in GNTY. Strategic Financial Concepts LLC raised its position in Guaranty Bancshares by 3,360.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 511,215 shares of the company's stock valued at $17,688,000 after purchasing an additional 496,440 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Guaranty Bancshares by 82.0% during the 4th quarter. JPMorgan Chase & Co. now owns 41,991 shares of the company's stock valued at $1,453,000 after buying an additional 18,921 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Guaranty Bancshares in the 4th quarter worth approximately $532,000. FCG Investment Co boosted its stake in Guaranty Bancshares by 23.7% in the fourth quarter. FCG Investment Co now owns 55,720 shares of the company's stock worth $1,928,000 after buying an additional 10,663 shares in the last quarter. Finally, Barclays PLC grew its position in Guaranty Bancshares by 75.4% during the third quarter. Barclays PLC now owns 23,966 shares of the company's stock valued at $823,000 after acquiring an additional 10,299 shares during the last quarter. 39.39% of the stock is owned by institutional investors.

Guaranty Bancshares Trading Up 0.4 %

GNTY stock traded up $0.15 during trading on Friday, hitting $39.24. 27,072 shares of the company traded hands, compared to its average volume of 27,505. The company has a 50-day moving average of $39.71 and a 200-day moving average of $37.33. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.83 and a current ratio of 0.83. Guaranty Bancshares, Inc. has a 1 year low of $27.01 and a 1 year high of $42.95. The firm has a market capitalization of $445.41 million, a PE ratio of 14.27 and a beta of 0.49.

Guaranty Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st were issued a $0.25 dividend. This is a boost from Guaranty Bancshares's previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.55%. Guaranty Bancshares's dividend payout ratio (DPR) is currently 36.36%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods boosted their price objective on shares of Guaranty Bancshares from $40.00 to $42.00 and gave the stock a "market perform" rating in a report on Wednesday, January 22nd.

Guaranty Bancshares Company Profile

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.