Guaranty Bancshares (NASDAQ:GNTY) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Wednesday.

GNTY has been the subject of several other reports. Stephens reissued a “hold” rating and set a $36.00 price objective on shares of Guaranty Bancshares in a research note on Monday, June 18th. Zacks Investment Research raised Guaranty Bancshares from a “sell” rating to a “hold” rating in a research note on Friday, August 24th. Finally, ValuEngine lowered Guaranty Bancshares from a “buy” rating to a “hold” rating in a research note on Wednesday, May 9th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Guaranty Bancshares currently has a consensus rating of “Hold” and a consensus target price of $35.33.

Shares of GNTY stock opened at $30.94 on Wednesday. Guaranty Bancshares has a 1 year low of $28.00 and a 1 year high of $37.36. The firm has a market cap of $376.05 million, a PE ratio of 19.17 and a beta of -0.05. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.90 and a current ratio of 0.90.

Guaranty Bancshares (NASDAQ:GNTY) last released its quarterly earnings data on Tuesday, July 24th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.07). The company had revenue of $20.38 million for the quarter. Guaranty Bancshares had a return on equity of 8.45% and a net margin of 17.33%. research analysts expect that Guaranty Bancshares will post 1.94 earnings per share for the current year.

In related news, EVP Robert P. Sharp acquired 2,203 shares of Guaranty Bancshares stock in a transaction dated Friday, August 3rd. The stock was acquired at an average cost of $29.28 per share, with a total value of $64,503.84. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 22.57% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new stake in shares of Guaranty Bancshares during the 2nd quarter worth $112,000. American International Group Inc. boosted its stake in shares of Guaranty Bancshares by 260.7% during the 1st quarter. American International Group Inc. now owns 5,046 shares of the company’s stock worth $168,000 after acquiring an additional 3,647 shares in the last quarter. Icon Wealth Partners LLC bought a new stake in shares of Guaranty Bancshares during the 2nd quarter worth $128,000. MetLife Investment Advisors LLC bought a new stake in shares of Guaranty Bancshares during the 1st quarter worth $132,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Guaranty Bancshares by 17.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 32,011 shares of the company’s stock worth $1,054,000 after acquiring an additional 4,839 shares in the last quarter. 20.99% of the stock is owned by institutional investors and hedge funds.

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. It offers various deposit products, such as checking and savings, money market, and business accounts, as well as certificates of deposit; and loan products comprising commercial and industrial, construction and development, commercial real estate, farmland, consumer, one-to-four family residential, multi-family residential, and agricultural loans.

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