Guaranty Bancorp (NASDAQ:GBNK) EVP Keith Dickelman sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $29.02, for a total transaction of $145,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Guaranty Bancorp (NASDAQ:GBNK) traded up $0.25 during mid-day trading on Friday, hitting $29.30. 162,921 shares of the stock traded hands, compared to its average volume of 127,224. The company has a market cap of $828.99, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 1.94 and a beta of 0.94. Guaranty Bancorp has a 12-month low of $20.80 and a 12-month high of $30.30. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.50.

Guaranty Bancorp (NASDAQ:GBNK) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.01). The firm had revenue of $37.46 million for the quarter, compared to the consensus estimate of $35.81 million. Guaranty Bancorp had a net margin of 24.17% and a return on equity of 11.20%. equities analysts expect that Guaranty Bancorp will post 1.46 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 27th. Stockholders of record on Friday, November 17th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $0.50 annualized dividend and a dividend yield of 1.71%. Guaranty Bancorp’s payout ratio is 37.59%.

Several research firms have weighed in on GBNK. Zacks Investment Research downgraded shares of Guaranty Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. ValuEngine upgraded shares of Guaranty Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub downgraded shares of Guaranty Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $29.00 price target on shares of Guaranty Bancorp in a research report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $29.90.

Several hedge funds have recently made changes to their positions in GBNK. California Public Employees Retirement System raised its position in shares of Guaranty Bancorp by 14.6% during the 1st quarter. California Public Employees Retirement System now owns 62,700 shares of the financial services provider’s stock valued at $1,527,000 after purchasing an additional 8,000 shares during the period. Vanguard Group Inc. raised its position in shares of Guaranty Bancorp by 9.5% during the 1st quarter. Vanguard Group Inc. now owns 874,734 shares of the financial services provider’s stock valued at $21,300,000 after purchasing an additional 75,617 shares during the period. Geode Capital Management LLC raised its position in shares of Guaranty Bancorp by 7.3% during the 1st quarter. Geode Capital Management LLC now owns 204,446 shares of the financial services provider’s stock valued at $4,978,000 after purchasing an additional 13,955 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Guaranty Bancorp by 11.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 638,189 shares of the financial services provider’s stock valued at $15,540,000 after purchasing an additional 67,074 shares during the period. Finally, Municipal Employees Retirement System of Michigan bought a new stake in shares of Guaranty Bancorp during the 2nd quarter valued at $716,000. Hedge funds and other institutional investors own 70.22% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Guaranty Bancorp (GBNK) EVP Keith Dickelman Sells 5,000 Shares” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of international copyright and trademark laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/12/01/guaranty-bancorp-gbnk-evp-keith-dickelman-sells-5000-shares.html.

Guaranty Bancorp Company Profile

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.

Insider Buying and Selling by Quarter for Guaranty Bancorp (NASDAQ:GBNK)

Receive News & Ratings for Guaranty Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guaranty Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.