Bank of America Corp DE boosted its position in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY - Free Report) by 110.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 15,066 shares of the company's stock after purchasing an additional 7,905 shares during the quarter. Bank of America Corp DE owned about 0.13% of Guaranty Bancshares worth $521,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of GNTY. Picton Mahoney Asset Management bought a new position in Guaranty Bancshares during the 4th quarter valued at about $30,000. SG Americas Securities LLC bought a new position in Guaranty Bancshares during the 4th quarter valued at about $122,000. Wells Fargo & Company MN lifted its stake in Guaranty Bancshares by 26.4% during the 4th quarter. Wells Fargo & Company MN now owns 4,628 shares of the company's stock valued at $160,000 after acquiring an additional 967 shares during the period. Trexquant Investment LP bought a new position in Guaranty Bancshares during the 4th quarter valued at about $327,000. Finally, Rhumbline Advisers lifted its stake in Guaranty Bancshares by 3.8% during the 4th quarter. Rhumbline Advisers now owns 11,630 shares of the company's stock valued at $402,000 after acquiring an additional 428 shares during the period. 39.39% of the stock is owned by hedge funds and other institutional investors.
Guaranty Bancshares Stock Performance
Shares of NASDAQ:GNTY traded down $0.35 during trading on Thursday, hitting $41.51. The company's stock had a trading volume of 23,197 shares, compared to its average volume of 29,317. The company has a 50-day moving average of $40.30 and a 200-day moving average of $39.02. Guaranty Bancshares, Inc. has a 12 month low of $27.99 and a 12 month high of $43.09. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market cap of $470.76 million, a price-to-earnings ratio of 15.09 and a beta of 0.44.
Analyst Upgrades and Downgrades
Separately, Keefe, Bruyette & Woods upped their target price on shares of Guaranty Bancshares from $42.00 to $43.00 and gave the company a "market perform" rating in a research note on Tuesday, April 22nd.
Check Out Our Latest Stock Report on GNTY
Guaranty Bancshares Profile
(
Free Report)
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.
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