Barclays PLC Has $823,000 Position in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

Barclays PLC lifted its holdings in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY - Free Report) by 75.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,966 shares of the company's stock after buying an additional 10,299 shares during the quarter. Barclays PLC owned about 0.21% of Guaranty Bancshares worth $823,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of GNTY. Geode Capital Management LLC increased its holdings in Guaranty Bancshares by 1.6% in the third quarter. Geode Capital Management LLC now owns 187,860 shares of the company's stock valued at $6,461,000 after purchasing an additional 2,896 shares during the last quarter. Zacks Investment Management acquired a new position in shares of Guaranty Bancshares during the 3rd quarter worth about $1,323,000. State Street Corp increased its stake in shares of Guaranty Bancshares by 3.4% in the 3rd quarter. State Street Corp now owns 171,966 shares of the company's stock valued at $5,953,000 after acquiring an additional 5,680 shares during the last quarter. MGB Wealth Management LLC acquired a new stake in shares of Guaranty Bancshares in the 3rd quarter valued at approximately $631,000. Finally, FCG Investment Co bought a new position in Guaranty Bancshares during the 3rd quarter worth approximately $1,549,000. 39.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on GNTY. Stephens upped their target price on shares of Guaranty Bancshares from $38.00 to $40.00 and gave the company an "overweight" rating in a research note on Tuesday, October 22nd. Keefe, Bruyette & Woods boosted their price target on shares of Guaranty Bancshares from $35.00 to $40.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th.

Insider Buying and Selling

In related news, CEO Tyson T. Abston sold 7,000 shares of Guaranty Bancshares stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $34.02, for a total value of $238,140.00. Following the sale, the chief executive officer now owns 101,000 shares of the company's stock, valued at approximately $3,436,020. This trade represents a 6.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 26.39% of the company's stock.

Guaranty Bancshares Stock Down 1.4 %

Shares of NASDAQ:GNTY traded down $0.48 during trading on Thursday, hitting $34.70. 22,436 shares of the company's stock traded hands, compared to its average volume of 65,404. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $35.71 and a 200-day moving average price of $34.04. Guaranty Bancshares, Inc. has a 52 week low of $27.01 and a 52 week high of $38.93. The company has a market cap of $396.36 million, a price-to-earnings ratio of 14.52 and a beta of 0.61.

Guaranty Bancshares (NASDAQ:GNTY - Get Free Report) last announced its earnings results on Monday, October 21st. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.62 by $0.03. The firm had revenue of $45.59 million for the quarter, compared to the consensus estimate of $29.40 million. Guaranty Bancshares had a net margin of 15.01% and a return on equity of 8.86%. During the same period last year, the company posted $0.54 EPS. As a group, research analysts forecast that Guaranty Bancshares, Inc. will post 2.46 EPS for the current fiscal year.

Guaranty Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Monday, December 30th were given a $0.24 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.96 annualized dividend and a yield of 2.77%. Guaranty Bancshares's dividend payout ratio is currently 40.17%.

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.