Deprince Race & Zollo Inc. Reduces Stock Position in Guaranty Bancshares, Inc. (NASDAQ:GNTY)

Deprince Race & Zollo Inc. cut its holdings in shares of Guaranty Bancshares, Inc. (NASDAQ:GNTY) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,749 shares of the company’s stock after selling 4,469 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Guaranty Bancshares were worth $4,143,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of GNTY. JPMorgan Chase & Co. raised its position in shares of Guaranty Bancshares by 356.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 23,070 shares of the company’s stock worth $793,000 after buying an additional 18,015 shares during the period. Rhumbline Advisers raised its stake in shares of Guaranty Bancshares by 3.8% during the fourth quarter. Rhumbline Advisers now owns 11,630 shares of the company’s stock valued at $402,000 after purchasing an additional 428 shares during the period. Barclays PLC grew its stake in shares of Guaranty Bancshares by 75.4% during the third quarter. Barclays PLC now owns 23,966 shares of the company’s stock valued at $823,000 after acquiring an additional 10,299 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new position in shares of Guaranty Bancshares in the 4th quarter valued at approximately $5,682,000. Finally, SG Americas Securities LLC bought a new stake in shares of Guaranty Bancshares in the 4th quarter worth about $122,000. 39.39% of the stock is owned by institutional investors and hedge funds.

Guaranty Bancshares Stock Performance

GNTY opened at $40.84 on Friday. Guaranty Bancshares, Inc. has a twelve month low of $27.01 and a twelve month high of $42.95. 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 has a market cap of $463.62 million, a PE ratio of 14.85 and a beta of 0.41. The business’s 50 day moving average is $39.48 and its 200-day moving average is $37.92.

Guaranty Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Monday, March 31st were paid a dividend of $0.25 per share. This is a boost 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 2.45%. The ex-dividend date of this dividend was Monday, March 31st. Guaranty Bancshares’s payout ratio is currently 34.25%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods increased their target price on shares of Guaranty Bancshares from $42.00 to $43.00 and gave the stock a “market perform” rating in a report on Tuesday, April 22nd.

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.