World Investment Advisors Sells 1,000 Shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY)

World Investment Advisors lowered its holdings in Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 2.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,922 shares of the company’s stock after selling 1,000 shares during the quarter. World Investment Advisors owned 0.31% of Guaranty Bancshares worth $1,208,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Guaranty Bancshares by 3.4% in the third quarter. State Street Corp now owns 171,966 shares of the company’s stock worth $5,953,000 after acquiring an additional 5,680 shares during the last quarter. Zacks Investment Management bought a new stake in Guaranty Bancshares in the 3rd quarter valued at $1,323,000. Barclays PLC grew its position in Guaranty Bancshares by 75.4% in the 3rd quarter. Barclays PLC now owns 23,966 shares of the company’s stock worth $823,000 after purchasing an additional 10,299 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Guaranty Bancshares by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 187,860 shares of the company’s stock worth $6,461,000 after purchasing an additional 2,896 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Guaranty Bancshares by 356.4% during the third quarter. JPMorgan Chase & Co. now owns 23,070 shares of the company’s stock valued at $793,000 after buying an additional 18,015 shares during the last quarter. 39.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods boosted their price target on Guaranty Bancshares from $40.00 to $42.00 and gave the company a “market perform” rating in a research note on Wednesday, January 22nd.

Guaranty Bancshares Stock Down 2.1 %

NASDAQ GNTY opened at $37.36 on Friday. The company has a market capitalization of $425.85 million, a price-to-earnings ratio of 13.59 and a beta of 0.49. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average is $40.50 and its two-hundred day moving average is $37.03. Guaranty Bancshares, Inc. has a 1-year low of $27.01 and a 1-year high of $42.95.

Guaranty Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid a $0.25 dividend. The ex-dividend date is Monday, March 31st. This is a positive change from Guaranty Bancshares’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.68%. Guaranty Bancshares’s dividend payout ratio (DPR) is 36.36%.

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. 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.