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

Barclays PLC lifted its position in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 75.4% during the third quarter, HoldingsChannel reports. The firm owned 23,966 shares of the company’s stock after buying an additional 10,299 shares during the quarter. Barclays PLC’s holdings in Guaranty Bancshares were worth $823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MGB Wealth Management LLC acquired a new position in shares of Guaranty Bancshares in the third quarter valued at approximately $631,000. Zacks Investment Management acquired a new position in Guaranty Bancshares during the third quarter valued at approximately $1,323,000. Bank of New York Mellon Corp boosted its holdings in shares of Guaranty Bancshares by 2.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 46,288 shares of the company’s stock valued at $1,460,000 after buying an additional 1,294 shares during the last quarter. FCG Investment Co bought a new position in shares of Guaranty Bancshares in the 3rd quarter valued at about $1,549,000. Finally, Deprince Race & Zollo Inc. grew its holdings in Guaranty Bancshares by 4.4% during the second quarter. Deprince Race & Zollo Inc. now owns 124,674 shares of the company’s stock worth $3,932,000 after purchasing an additional 5,247 shares during the period. 39.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Tyson T. Abston sold 7,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $34.02, for a total transaction of $238,140.00. Following the transaction, the chief executive officer now owns 101,000 shares of the company’s stock, valued at $3,436,020. This represents a 6.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 26.39% of the stock is currently owned by corporate insiders.

Guaranty Bancshares Trading Down 0.4 %

GNTY opened at $34.60 on Wednesday. The company has a market cap of $395.27 million, a P/E ratio of 14.48 and a beta of 0.60. The company has a fifty day moving average price of $35.61 and a two-hundred day moving average price of $33.73. 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, Inc. has a 1-year low of $27.01 and a 1-year high of $38.93.

Guaranty Bancshares (NASDAQ:GNTY) last issued its quarterly earnings data on Monday, October 21st. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.03. The firm had revenue of $45.59 million during the quarter, compared to analyst estimates of $29.40 million. Guaranty Bancshares had a return on equity of 8.86% and a net margin of 15.01%. During the same period in the previous year, the company posted $0.54 EPS. Analysts predict that Guaranty Bancshares, Inc. will post 2.46 EPS for the current fiscal year.

Guaranty Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Monday, December 30th will be paid a $0.24 dividend. The ex-dividend date is Monday, December 30th. This represents a $0.96 dividend on an annualized basis and a yield of 2.77%. Guaranty Bancshares’s dividend payout ratio (DPR) is presently 40.17%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods increased their target price on Guaranty Bancshares from $35.00 to $40.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Stephens lifted their target price on Guaranty Bancshares from $38.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, October 22nd.

Guaranty Bancshares 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.