Guaranty Bancshares (GNTY) Upgraded to “Hold” at BidaskClub

BidaskClub upgraded shares of Guaranty Bancshares (NASDAQ:GNTY) from a sell rating to a hold rating in a research note published on Monday, February 5th.

Several other brokerages have also recently issued reports on GNTY. Zacks Investment Research upgraded Guaranty Bancshares from a sell rating to a hold rating in a research note on Tuesday, December 26th. Sandler O’Neill reissued a hold rating and issued a $33.00 target price on shares of Guaranty Bancshares in a report on Monday, January 29th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Guaranty Bancshares currently has an average rating of Hold and a consensus target price of $34.00.

Shares of Guaranty Bancshares (GNTY) opened at $31.13 on Monday. The stock has a market capitalization of $348.25, a price-to-earnings ratio of 19.93 and a beta of 0.05. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.38. Guaranty Bancshares has a 52 week low of $28.00 and a 52 week high of $36.38.

A number of large investors have recently bought and sold shares of GNTY. TIAA CREF Investment Management LLC purchased a new position in Guaranty Bancshares in the second quarter valued at $156,000. New York State Common Retirement Fund purchased a new position in shares of Guaranty Bancshares during the second quarter worth about $109,000. UBS Asset Management Americas Inc. purchased a new position in shares of Guaranty Bancshares during the second quarter worth about $2,359,000. Northern Trust Corp purchased a new position in shares of Guaranty Bancshares during the second quarter worth about $735,000. Finally, Vanguard Group Inc. purchased a new position in shares of Guaranty Bancshares during the second quarter worth about $1,624,000. 20.68% of the stock is currently owned by hedge funds and other institutional investors.

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About Guaranty Bancshares

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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