Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP William Travis Brown Sells 750 Shares of Stock

Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP William Travis Brown sold 750 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $33.75, for a total transaction of $25,312.50. Following the transaction, the executive vice president now owns 1,211 shares in the company, valued at approximately $40,871.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

William Travis Brown also recently made the following trade(s):

• On Friday, August 23rd, William Travis Brown sold 750 shares of Guaranty Bancshares stock. The stock was sold at an average price of $33.28, for a total transaction of $24,960.00.

Guaranty Bancshares Stock Up 0.3 %

Guaranty Bancshares stock opened at $33.93 on Wednesday. Guaranty Bancshares, Inc. has a twelve month low of $26.29 and a twelve month high of $35.75. The firm has a 50 day moving average price of $31.81 and a 200-day moving average price of $30.33. The company has a market capitalization of $390.77 million, a P/E ratio of 13.91 and a beta of 0.58. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.39.

Guaranty Bancshares (NASDAQ:GNTY) last released its earnings results on Monday, July 15th. The company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.10. The firm had revenue of $28.48 million during the quarter, compared to the consensus estimate of $28.50 million. Guaranty Bancshares had a net margin of 14.48% and a return on equity of 8.70%. As a group, equities analysts predict that Guaranty Bancshares, Inc. will post 2.34 EPS for the current year.

Guaranty Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 10th. Investors of record on Monday, June 24th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date was Monday, June 24th. Guaranty Bancshares’s payout ratio is currently 39.34%.

Institutional Trading of Guaranty Bancshares

Institutional investors have recently modified their holdings of the business. Beacon Pointe Advisors LLC lifted its stake in Guaranty Bancshares by 1,436.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 164,211 shares of the company’s stock worth $5,521,000 after purchasing an additional 153,525 shares in the last quarter. Leo Wealth LLC purchased a new stake in Guaranty Bancshares in the 4th quarter worth approximately $318,000. BNP Paribas Financial Markets lifted its stake in Guaranty Bancshares by 97.2% in the 1st quarter. BNP Paribas Financial Markets now owns 4,093 shares of the company’s stock worth $124,000 after purchasing an additional 2,017 shares in the last quarter. Empowered Funds LLC lifted its stake in Guaranty Bancshares by 7.9% in the 1st quarter. Empowered Funds LLC now owns 21,633 shares of the company’s stock worth $657,000 after purchasing an additional 1,575 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Guaranty Bancshares by 21.9% in the 1st quarter. Russell Investments Group Ltd. now owns 67,351 shares of the company’s stock worth $2,045,000 after purchasing an additional 12,111 shares in the last quarter. 39.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GNTY has been the topic of a number of analyst reports. Stephens upped their target price on shares of Guaranty Bancshares from $34.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, July 16th. Keefe, Bruyette & Woods upped their price objective on shares of Guaranty Bancshares from $34.00 to $35.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 16th.

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.