Guaranty Bancshares, Inc. (NASDAQ:GNTY) EVP Charles A. Cowell Acquires 1,981 Shares of Stock

Posted by Defense World Staff on Mar 7th, 2023

Guaranty Bancshares, Inc. (NASDAQ:GNTY – Get Rating) EVP Charles A. Cowell purchased 1,981 shares of the stock in a transaction that occurred on Friday, March 3rd. The stock was purchased at an average price of $31.00 per share, for a total transaction of $61,411.00. Following the acquisition, the executive vice president now owns 13,491 shares in the company, valued at $418,221. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Guaranty Bancshares Trading Down 1.1 %

NASDAQ:GNTY opened at $30.45 on Tuesday. The business’s 50-day moving average is $33.18 and its two-hundred day moving average is $34.58. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $363.57 million, a PE ratio of 9.09 and a beta of 0.44. Guaranty Bancshares, Inc. has a 12 month low of $30.16 and a 12 month high of $37.91.

Guaranty Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 11th. Shareholders of record on Saturday, December 31st were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.88 annualized dividend and a dividend yield of 2.89%. Guaranty Bancshares’s dividend payout ratio is currently 26.27%.

Hedge Funds Weigh In On Guaranty Bancshares

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rice Hall James & Associates LLC grew its stake in Guaranty Bancshares by 0.8% during the third quarter. Rice Hall James & Associates LLC now owns 80,805 shares of the company’s stock worth $2,795,000 after buying an additional 667 shares during the last quarter. Martingale Asset Management L P increased its holdings in shares of Guaranty Bancshares by 13.8% in the second quarter. Martingale Asset Management L P now owns 7,388 shares of the company’s stock valued at $269,000 after purchasing an additional 895 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Guaranty Bancshares by 300.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,172 shares of the company’s stock worth $40,000 after buying an additional 879 shares during the period. rhino investment partners Inc raised its position in shares of Guaranty Bancshares by 18.6% in the 2nd quarter. rhino investment partners Inc now owns 80,616 shares of the company’s stock valued at $2,922,000 after buying an additional 12,652 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Guaranty Bancshares by 64.7% during the 2nd quarter. Goldman Sachs Group Inc. now owns 47,213 shares of the company’s stock valued at $1,711,000 after purchasing an additional 18,550 shares during the last quarter. 24.17% of the stock is currently owned by hedge funds and other institutional investors.

About Guaranty Bancshares

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Guaranty Bancshares, Inc is a bank holding company, which engages in the provision of financial products and services. It offers online banking and bill pay, fraud protection, person-to-person payments, direct deposits, personal loans, auto loans, student checking, and premium checking. The company was founded on January 13, 1913 and is headquartered in Addison, TX.

Insider Buying and Selling by Quarter for Guaranty Bancshares (NASDAQ:GNTY)

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