Guaranty Bancshares (GNTY) Lowered to “Strong Sell” at BidaskClub

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

Several other research analysts also recently weighed in on the company. Zacks Investment Research upgraded Guaranty Bancshares from a “sell” rating to a “hold” rating in a research note on Wednesday, February 27th. Stephens reiterated a “buy” rating and issued a $34.00 target price on shares of Guaranty Bancshares in a research note on Tuesday, January 22nd.

Shares of GNTY stock opened at $27.19 on Friday. Guaranty Bancshares has a twelve month low of $27.15 and a twelve month high of $36.30. The company has a market capitalization of $321.03 million, a price-to-earnings ratio of 14.62 and a beta of 0.04. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.52.

Guaranty Bancshares (NASDAQ:GNTY) last announced its earnings results on Tuesday, January 22nd. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. Guaranty Bancshares had a return on equity of 9.23% and a net margin of 19.85%. The company had revenue of $23.03 million for the quarter. On average, equities analysts expect that Guaranty Bancshares will post 2.24 EPS for the current year.

In related news, VP Randall R. Kucera sold 1,000 shares of Guaranty Bancshares stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $30.19, for a total value of $30,190.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard W. Baker purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 13th. The stock was acquired at an average price of $30.00 per share, for a total transaction of $3,000,000.00. The disclosure for this purchase can be found here. 22.57% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of GNTY. Ramsey Quantitative Systems boosted its stake in shares of Guaranty Bancshares by 180.5% in the fourth quarter. Ramsey Quantitative Systems now owns 2,264 shares of the company’s stock valued at $68,000 after buying an additional 1,457 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in shares of Guaranty Bancshares by 365.2% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 2,796 shares of the company’s stock valued at $83,000 after buying an additional 2,195 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Guaranty Bancshares in the third quarter valued at approximately $145,000. MetLife Investment Advisors LLC boosted its stake in shares of Guaranty Bancshares by 53.9% in the third quarter. MetLife Investment Advisors LLC now owns 6,119 shares of the company’s stock valued at $185,000 after buying an additional 2,143 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Guaranty Bancshares in the third quarter valued at approximately $234,000. Hedge funds and other institutional investors own 21.22% of the company’s stock.

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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