Guaranty Bancorp (NASDAQ:GBNK) has been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $29.90.

Several equities analysts recently issued reports on the stock. Keefe, Bruyette & Woods restated a “hold” rating and issued a $29.00 target price on shares of Guaranty Bancorp in a report on Thursday, October 19th. Zacks Investment Research upgraded shares of Guaranty Bancorp from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Friday, December 29th. BidaskClub lowered shares of Guaranty Bancorp from a “sell” rating to a “strong sell” rating in a report on Thursday, January 4th. Finally, ValuEngine lowered shares of Guaranty Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th.

Guaranty Bancorp (GBNK) traded down $0.35 during mid-day trading on Friday, reaching $28.85. 83,200 shares of the company traded hands, compared to its average volume of 92,369. The firm has a market capitalization of $843.61, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 1.69 and a beta of 0.93. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.50. Guaranty Bancorp has a 1-year low of $22.90 and a 1-year high of $30.42.

Guaranty Bancorp (NASDAQ:GBNK) last released its earnings results on Wednesday, January 24th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $38.36 million for the quarter, compared to analyst estimates of $37.42 million. Guaranty Bancorp had a net margin of 24.17% and a return on equity of 11.20%. equities analysts anticipate that Guaranty Bancorp will post 1.46 earnings per share for the current year.

In other Guaranty Bancorp news, EVP Keith Dickelman sold 5,000 shares of Guaranty Bancorp stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $29.02, for a total value of $145,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Kirk Wycoff sold 81,900 shares of Guaranty Bancorp stock in a transaction on Monday, October 30th. The shares were sold at an average price of $28.69, for a total transaction of $2,349,711.00. The disclosure for this sale can be found here. Insiders own 8.40% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. increased its position in shares of Guaranty Bancorp by 9.5% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 105,985 shares of the financial services provider’s stock worth $2,931,000 after acquiring an additional 9,190 shares in the last quarter. Atlantic Trust Group LLC bought a new stake in shares of Guaranty Bancorp during the third quarter worth about $2,163,000. Institutional & Family Asset Management LLC bought a new stake in shares of Guaranty Bancorp during the third quarter worth about $285,000. California Public Employees Retirement System increased its position in shares of Guaranty Bancorp by 4.5% during the third quarter. California Public Employees Retirement System now owns 65,519 shares of the financial services provider’s stock worth $1,821,000 after acquiring an additional 2,819 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Guaranty Bancorp during the third quarter worth about $221,000. 70.20% of the stock is owned by institutional investors.

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About Guaranty Bancorp

Guaranty Bancorp is a bank holding company. The Company’s bank subsidiary is Guaranty Bank and Trust Company (the Bank). As of December 31, 2016, the Company operated 32 branches and two investment management firms, Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc (CHIA), in Colorado through the Bank.

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