Guaranty Bancshares, Inc. (NASDAQ:GNTY) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC lessened its holdings in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY - Free Report) by 48.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,574 shares of the company's stock after selling 8,163 shares during the period. Bridgeway Capital Management LLC owned 0.08% of Guaranty Bancshares worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Barclays PLC grew its holdings in Guaranty Bancshares by 75.4% in the 3rd quarter. Barclays PLC now owns 23,966 shares of the company's stock worth $823,000 after buying an additional 10,299 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Guaranty Bancshares by 356.4% in the third quarter. JPMorgan Chase & Co. now owns 23,070 shares of the company's stock worth $793,000 after purchasing an additional 18,015 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Guaranty Bancshares during the fourth quarter valued at about $122,000. FCG Investment Co lifted its holdings in Guaranty Bancshares by 23.7% in the fourth quarter. FCG Investment Co now owns 55,720 shares of the company's stock worth $1,928,000 after purchasing an additional 10,663 shares during the period. Finally, Strategic Financial Concepts LLC grew its position in Guaranty Bancshares by 3,360.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 511,215 shares of the company's stock valued at $17,688,000 after buying an additional 496,440 shares in the last quarter. Institutional investors own 39.39% of the company's stock.

Guaranty Bancshares Stock Performance

Shares of NASDAQ GNTY opened at $41.09 on Tuesday. Guaranty Bancshares, Inc. has a 1 year low of $27.01 and a 1 year high of $42.95. The firm has a market cap of $465.96 million, a P/E ratio of 14.94 and a beta of 0.41. The stock has a fifty day moving average price of $39.52 and a two-hundred day moving average price of $38.08. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.83 and a current ratio of 0.83.

Guaranty Bancshares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 2.43%. This is a boost from Guaranty Bancshares's previous quarterly dividend of $0.24. Guaranty Bancshares's dividend payout ratio (DPR) is currently 34.25%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods boosted their price target 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 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.

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