Citadel Advisors LLC Grows Position in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

Citadel Advisors LLC raised its holdings in Guaranty Bancshares, Inc. (NASDAQ:GNTY - Free Report) by 115.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,976 shares of the company's stock after purchasing an additional 14,442 shares during the quarter. Citadel Advisors LLC owned 0.24% of Guaranty Bancshares worth $933,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of GNTY. Picton Mahoney Asset Management acquired a new stake in shares of Guaranty Bancshares during the 4th quarter worth about $30,000. SG Americas Securities LLC purchased a new position in Guaranty Bancshares during the fourth quarter worth about $122,000. Wells Fargo & Company MN increased its position in shares of Guaranty Bancshares by 26.4% during the fourth 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 last quarter. Trexquant Investment LP acquired a new stake in shares of Guaranty Bancshares during the fourth quarter valued at about $327,000. Finally, Rhumbline Advisers raised its stake in shares of Guaranty Bancshares by 3.8% in 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. Institutional investors and hedge funds own 39.39% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods increased their price objective on shares of Guaranty Bancshares from $42.00 to $43.00 and gave the stock a "market perform" rating in a research report on Tuesday, April 22nd.

Guaranty Bancshares Trading Down 1.2%

Shares of NASDAQ GNTY traded down $0.50 during trading on Friday, reaching $41.06. The stock had a trading volume of 27,254 shares, compared to its average volume of 28,846. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $465.60 million, a P/E ratio of 14.93 and a beta of 0.41. Guaranty Bancshares, Inc. has a fifty-two week low of $27.99 and a fifty-two week high of $43.09. The business's 50-day moving average price is $40.00 and its 200-day moving average price is $38.74.

Guaranty Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.44%. This is a boost from Guaranty Bancshares's previous quarterly dividend of $0.24. Guaranty Bancshares's payout ratio is 34.25%.

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.