November 28, 2016 - By whatsonthorold
The director of Guaranty Bancorp and corporation’s insider Stephen Joyce made a purchase of 89 shares of the corporation based on the average share price which is $21.0 per share. The transaction’s shares are with market value of $1,869 U.S. Dollars. Now, Stephen Joyce owns a total of 59,404 shares or 0.21% of Guaranty Bancorp’s market capitalization.
Out of 3 analysts covering Guaranty Bancorp (NASDAQ:GBNK), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. $19 is the highest target while $18 is the lowest. The $18.50 average target is -11.27% below today’s ($20.85) stock price. Guaranty Bancorp has been the topic of 4 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The stock of Guaranty Bancorp (NASDAQ:GBNK) has “Market Perform” rating given on Thursday, August 13 by FIG Partners. The company was upgraded on Thursday, October 27 by Sandler O’Neill. Wood upgraded it to “Outperform” rating and $19 target price in Tuesday, April 12 report.
Insitutional Activity: The institutional sentiment decreased to 1.35 in 2016 Q2. Its down 0.35, from 1.7 in 2016Q1. The ratio dived, as 2 funds sold all Guaranty Bancorp shares owned while 21 reduced positions. 11 funds bought stakes while 28 increased positions. They now own 17.82 million shares or 1.09% more from 17.63 million shares in 2016Q1.
Elizabeth Park Advsrs last reported 1.73% of its portfolio in the stock. Forest Hill Capital Lc, a Arkansas-based fund reported 1.23M shares. Gsa Prtnrs Llp has 0.03% invested in the company for 31,519 shares. Lsv Asset Mngmt, a Illinois-based fund reported 7,300 shares. Banc Funds reported 162,259 shares or 0.16% of all its holdings. Pnc Group Inc Incorporated has 0% invested in the company for 133 shares. Financial Bank Of America De has 0% invested in the company for 9,051 shares. Vanguard Gru Inc, a Pennsylvania-based fund reported 528,868 shares. Moreover, Morgan Stanley has 0% invested in Guaranty Bancorp (NASDAQ:GBNK) for 56,179 shares. The Germany-based Deutsche Comml Bank Ag has invested 0% in Guaranty Bancorp (NASDAQ:GBNK). First Tru Advisors L P accumulated 28,399 shares or 0% of the stock. Teachers Advisors has 22,413 shares for 0% of their US portfolio. Moreover, Patriot Prns Lp has 15.91% invested in Guaranty Bancorp (NASDAQ:GBNK) for 3.57 million shares. California State Teachers Retirement Sys owns 31,478 shares or 0% of their US portfolio. Citigroup Inc accumulated 0% or 2,560 shares.
Insider Transactions: Since August 29, 2016, the stock had 1 buy, and 7 insider sales for $45.39 million net activity. WYCOFF W KIRK sold $749,565 worth of stock. Joyce Stephen D had bought 101 shares worth $1,861 on Monday, August 29. The insider EGGEMEYER JOHN M III sold $20.75 million.
It is down 26.67% since April 25, 2016 and is uptrending. It has outperformed by 20.66% the S&P500.
Guaranty Bancorp is the bank holding for Guaranty Bank and Trust Company . The company has a market cap of $591.08 million. The Company’s segment is banking. It has a 19.84 P/E ratio. The Firm operates approximately 30 branches and over two investment management firms, including Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc. (CHIA), in Colorado through the Bank.
According to Zacks Investment Research, “GUARANTY BANCORP is a bank holding company with one wholly owned bank subsidiary, Guaranty Bank and Trust Company. Guaranty Bank and Trust Company provides banking and other financial services, including real estate, construction, commercial and industrial, energy, consumer and agriculture loans, to consumers and small and medium-sized businesses, including the owners and employees of those businesses, through 36 community banking branches in the Colorado Front Range. Guaranty Bank also provides trust services, including personal trust administration, estate settlement, investment management accounts and self-directed IRAs.”
Analysts await Guaranty Bancorp (NASDAQ:GBNK) to report earnings on January, 25. They expect $0.32 earnings per share, up 14.29% or $0.04 from last year’s $0.28 per share. GBNK’s profit will be $9.07M for 16.29 P/E if the $0.32 EPS becomes a reality. After $0.32 actual earnings per share reported by Guaranty Bancorp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
More recent Guaranty Bancorp (NASDAQ:GBNK) news were published by: 9News.com which released: “Guaranty Bancorp merger with Home State Bank complete” on September 09, 2016. Also Streetinsider.com published the news titled: “Form 4 Guaranty Bancorp For: Nov 28 Filed by: Joyce Stephen D” on November 28, 2016. Marketwired.com‘s news article titled: “Guaranty Bancorp and Home State Bancorp to Merge” with publication date: March 16, 2016 was also an interesting one.
Guaranty Bancorp, incorporated on March 3, 2004, is a bank holding company. The Company’s bank subsidiary is Guaranty Bank and Trust Company (the Bank). The Company’s segment is banking. The Firm operates approximately 30 branches and over two investment management firms, including Private Capital Management LLC (PCM) and Cherry Hills Investment Advisors Inc. (CHIA), in Colorado through the Bank. The Bank provides banking and other financial services, including commercial and industrial loans, real estate loans, construction loans, consumer loans and agriculture loans across its targeted Colorado markets to clients and small to medium-sized businesses, including the owners and employees of those businesses. Along with loans and depository services, the Bank also provides wealth management solutions, including trust and investment management services.
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