Guaranty Bancshares Inc. (GNTY) Stake Boosted by Hennessy Advisors Inc.
Hennessy Advisors Inc. grew its holdings in Guaranty Bancshares Inc. (NASDAQ:GNTY) by 22.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,000 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Hennessy Advisors Inc. owned approximately 0.50% of Guaranty Bancshares worth $1,759,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new position in shares of Guaranty Bancshares in the 3rd quarter valued at $211,000. Thomson Horstmann & Bryant Inc. lifted its stake in shares of Guaranty Bancshares by 60.6% in the 3rd quarter. Thomson Horstmann & Bryant Inc. now owns 156,481 shares of the company’s stock valued at $5,005,000 after purchasing an additional 59,075 shares during the last quarter. California State Teachers Retirement System acquired a new position in shares of Guaranty Bancshares in the 2nd quarter valued at $115,000. State Street Corp acquired a new position in shares of Guaranty Bancshares in the 2nd quarter valued at $492,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Guaranty Bancshares in the 2nd quarter valued at $651,000. 19.93% of the stock is currently owned by institutional investors and hedge funds.
Shares of Guaranty Bancshares Inc. (NASDAQ GNTY) traded up $0.37 during trading on Friday, hitting $29.00. The stock had a trading volume of 14,900 shares, compared to its average volume of 16,682. Guaranty Bancshares Inc. has a twelve month low of $28.00 and a twelve month high of $36.38. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19.
Guaranty Bancshares (NASDAQ:GNTY) last announced its quarterly earnings results on Monday, October 23rd. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.01). The firm had revenue of $18.80 million during the quarter. equities analysts forecast that Guaranty Bancshares Inc. will post 1.57 earnings per share for the current fiscal year.
Separately, Stephens reaffirmed a “hold” rating and issued a $34.00 price target on shares of Guaranty Bancshares in a research note on Tuesday, July 25th.
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Guaranty Bancshares Profile
Guaranty Bancshares, Inc is the holding company for Guaranty Bank & Trust (Guaranty). Guaranty offers various solutions, such as personal banking, business banking, mortgage and wealth management. Its personal banking solutions include checking accounts, which include compare accounts, green checking, student checking, choice checking, guaranty interest checking, order checks and debit cards; savings accounts, which include regular savings, premier money market, certificate of deposit, individual retirement account (IRA) options and health savings account, and online banking, which includes money desktop and e-statements.
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