Insider Selling: Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP Sells $25,312.50 in Stock

Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP William Travis Brown sold 750 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $33.75, for a total transaction of $25,312.50. Following the completion of the transaction, the executive vice president now owns 1,211 shares in the company, valued at approximately $40,871.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 Trading Up 1.0 %

NASDAQ GNTY opened at $34.30 on Friday. The company’s fifty day simple moving average is $31.99 and its 200-day simple moving average is $30.39. The stock has a market cap of $395.03 million, a P/E ratio of 14.06 and a beta of 0.58. Guaranty Bancshares, Inc. has a 52 week low of $26.29 and a 52 week high of $35.75. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.39.

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

Guaranty Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 10th. Shareholders of record on Monday, June 24th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Monday, June 24th. Guaranty Bancshares’s payout ratio is 39.34%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Guaranty Bancshares

A number of hedge funds and other institutional investors have recently made changes to their positions in GNTY. Vanguard Group Inc. boosted its stake in Guaranty Bancshares by 2.9% during the 1st quarter. Vanguard Group Inc. now owns 428,302 shares of the company’s stock valued at $13,003,000 after acquiring an additional 12,121 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Guaranty Bancshares by 3.7% in the second quarter. Dimensional Fund Advisors LP now owns 356,012 shares of the company’s stock valued at $11,227,000 after buying an additional 12,837 shares during the last quarter. Beacon Pointe Advisors LLC lifted its holdings in Guaranty Bancshares by 1,436.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 164,211 shares of the company’s stock worth $5,521,000 after buying an additional 153,525 shares during the last quarter. Deprince Race & Zollo Inc. lifted its holdings in Guaranty Bancshares by 4.4% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 124,674 shares of the company’s stock worth $3,932,000 after buying an additional 5,247 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in shares of Guaranty Bancshares by 21.9% in the 1st quarter. Russell Investments Group Ltd. now owns 67,351 shares of the company’s stock valued at $2,045,000 after acquiring an additional 12,111 shares during the last quarter. Institutional investors own 39.39% of the company’s stock.

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.