World Investment Advisors Has $1.21 Million Holdings in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

World Investment Advisors decreased its holdings in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,922 shares of the company’s stock after selling 1,000 shares during the quarter. World Investment Advisors’ holdings in Guaranty Bancshares were worth $1,208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rhumbline Advisers grew its holdings in Guaranty Bancshares by 3.8% during the 4th quarter. Rhumbline Advisers now owns 11,630 shares of the company’s stock worth $402,000 after acquiring an additional 428 shares during the period. Picton Mahoney Asset Management acquired a new stake in shares of Guaranty Bancshares during the fourth quarter worth $30,000. Bank of New York Mellon Corp increased its holdings in Guaranty Bancshares by 2.9% in the fourth quarter. Bank of New York Mellon Corp now owns 42,103 shares of the company’s stock valued at $1,457,000 after purchasing an additional 1,180 shares during the last quarter. Geode Capital Management LLC lifted its stake in Guaranty Bancshares by 1.6% in the third quarter. Geode Capital Management LLC now owns 187,860 shares of the company’s stock valued at $6,461,000 after buying an additional 2,896 shares during the period. Finally, SG Americas Securities LLC bought a new position in Guaranty Bancshares during the fourth quarter worth about $122,000. 39.39% of the stock is owned by institutional investors.

Guaranty Bancshares Stock Performance

Shares of Guaranty Bancshares stock opened at $37.36 on Friday. The stock’s fifty day simple moving average is $40.50 and its 200 day simple moving average is $37.03. 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 company has a market capitalization of $425.85 million, a PE ratio of 13.59 and a beta of 0.49. Guaranty Bancshares, Inc. has a 12 month low of $27.01 and a 12 month high of $42.95.

Guaranty Bancshares Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Guaranty Bancshares 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.