Guaranty Bancshares (NASDAQ:GNTY - Get Free Report)'s stock had its "overweight" rating restated by equities research analysts at Stephens in a note issued to investors on Monday,Benzinga reports. They presently have a $47.00 price objective on the stock. Stephens' price objective points to a potential downside of 0.02% from the stock's current price.
Separately, Keefe, Bruyette & Woods raised their price objective on Guaranty Bancshares from $42.00 to $43.00 and gave the company a "market perform" rating in a research report on Tuesday, April 22nd.
Read Our Latest Analysis on Guaranty Bancshares
Guaranty Bancshares Price Performance
GNTY stock traded up $1.13 during midday trading on Monday, hitting $47.01. The company's stock had a trading volume of 72,693 shares, compared to its average volume of 33,021. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.14. Guaranty Bancshares has a 12 month low of $29.54 and a 12 month high of $47.04. The company has a 50 day moving average of $41.21 and a two-hundred day moving average of $39.50. The firm has a market capitalization of $533.14 million, a price-to-earnings ratio of 17.09 and a beta of 0.44.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of GNTY. Picton Mahoney Asset Management purchased a new stake in Guaranty Bancshares during the fourth quarter valued at $30,000. US Bancorp DE bought a new stake in shares of Guaranty Bancshares in the 1st quarter worth about $41,000. Wells Fargo & Company MN raised its position in shares of 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 buying an additional 967 shares in the last quarter. PDT Partners LLC purchased a new stake in shares of Guaranty Bancshares during the 1st quarter valued at about $202,000. Finally, VeraBank N.A. bought a new position in shares of Guaranty Bancshares in the 1st quarter valued at about $218,000. 39.39% of the stock is owned by hedge funds and other institutional investors.
Guaranty Bancshares Company Profile
(
Get 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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