Guaranty Bancshares (NASDAQ:GNTY) Sees Large Volume Increase - Should You Buy?

Guaranty Bancshares, Inc. (NASDAQ:GNTY - Get Free Report) saw strong trading volume on Tuesday . 42,807 shares traded hands during trading, an increase of 0% from the previous session's volume of 42,705 shares.The stock last traded at $50.31 and had previously closed at $49.67.Get Guaranty Bancshares alerts:Analyst Upgrades and DowngradesSeparately, Stephens reaffirmed an "overweight" rating and set a $47.00 target price on shares of Guaranty Bancshares in a research note on Monday, June 30th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $45.00.Read Our Latest Analysis on Guaranty BancsharesGuaranty Bancshares Stock PerformanceThe company has a market cap of $561.52 million, a PE ratio of 17.98 and a beta of 0.47. 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 firm's 50-day simple moving average is $46.79 and its two-hundred day simple moving average is $42.99. Guaranty Bancshares Announces DividendThe company also recently declared a special dividend, which will be paid on Tuesday, September 23rd. Investors of record on Friday, September 19th will be issued a dividend of $2.30 per share. The ex-dividend date of this dividend is Friday, September 19th. Guaranty Bancshares's dividend payout ratio is 31.85%. Insider Transactions at Guaranty BancsharesIn related news, EVP William Travis Brown sold 706 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $48.58, for a total transaction of $34,297.48. Following the sale, the executive vice president directly owned 615 shares of the company's stock, valued at approximately $29,876.70. This represents a 53.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 22.31% of the company's stock. Hedge Funds Weigh In On Guaranty BancsharesSeveral large investors have recently modified their holdings of the business. US Bancorp DE acquired a new stake in shares of Guaranty Bancshares during the first quarter valued at about $41,000. Simplex Trading LLC acquired a new stake in shares of Guaranty Bancshares in the second quarter valued at $43,000. Tower Research Capital LLC TRC grew its stake in shares of Guaranty Bancshares by 666.9% in the second quarter. Tower Research Capital LLC TRC now owns 2,224 shares of the company's stock valued at $94,000 after buying an additional 1,934 shares in the last quarter. PDT Partners LLC purchased a new position in shares of Guaranty Bancshares in the first quarter valued at approximately $202,000. Finally, VeraBank N.A. purchased a new position in shares of Guaranty Bancshares in the first quarter valued at approximately $218,000. Institutional investors and hedge funds own 39.39% of the company's stock. About Guaranty Bancshares (Get Free Report)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.Featured StoriesFive stocks we like better than Guaranty BancsharesA Deeper Look at Bid-Ask SpreadsIs Super Micro Next in Line for a Big AI Takeover?Large Cap Stock Definition and How to InvestTesla: 3 Reasons October’s Earnings Will Make or Break the StockDo Real Estate Investment Trusts Deserve a Place in Your Portfolio?Industrial Tech Crossovers: When Manufacturing Meets InnovationThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Guaranty Bancshares Right Now?Before you consider Guaranty Bancshares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Guaranty Bancshares wasn't on the list.While Guaranty Bancshares currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here