Institutional Investors Are Crazy About Guaranty Bancorp (NASDAQ:GBNK)

April 20, 2018 - By Nellie Frank

Guaranty Bancorp (NASDAQ:GBNK) Logo

Sentiment for Guaranty Bancorp (NASDAQ:GBNK)

Guaranty Bancorp (NASDAQ:GBNK) institutional sentiment decreased to 2.04 in Q4 2017. Its down -0.22, from 2.26 in 2017Q3. The ratio turned negative, as 55 investment managers increased and opened new holdings, while 27 decreased and sold their positions in Guaranty Bancorp. The investment managers in our partner’s database now possess: 20.21 million shares, down from 20.29 million shares in 2017Q3. Also, the number of investment managers holding Guaranty Bancorp in their top 10 holdings decreased from 4 to 3 for a decrease of 1. Sold All: 5 Reduced: 22 Increased: 42 New Position: 13.

Guaranty Bancorp operates as the bank holding firm for Guaranty Bank and Trust Company that provides various banking and other financial services to consumers, and small to medium-sized businesses. The company has market cap of $846.79 million. The firm accepts deposit products, such as demand, interest-bearing demand, NOW, money market, IRA, and time deposits, and savings accounts, as well as certificates of deposit. It has a 21.58 P/E ratio. It also offers loan products, including commercial, commercial and residential real estate, construction, agriculture, and small business administration loans, as well as installment loans to individuals and other consumer loans that include overdraft protection, lines of credit, and other consumer loans.

The stock decreased 0.34% or $0.1 during the last trading session, reaching $29.35. About 79,620 shares traded. Guaranty Bancorp (NASDAQ:GBNK) has risen 18.26% since April 20, 2017 and is uptrending. It has outperformed by 6.71% the S&P500.

Castle Creek Capital Partners Iv Lp holds 35.88% of its portfolio in Guaranty Bancorp for 1.45 million shares. Patriot Financial Partners Gp Lp owns 1.39 million shares or 19.8% of their US portfolio. Moreover, Forest Hill Capital Llc has 4.27% invested in the company for 545,633 shares. The Virginia-based Fj Capital Management Llc has invested 2.33% in the stock. Broadview Advisors Llc, a Wisconsin-based fund reported 300,142 shares.

Since January 1, 0001, it had 1 buying transaction, and 10 sales for $6.77 million activity.

Guaranty Bancorp (NASDAQ:GBNK) Ratings Coverage

Ratings analysis reveals 67% of Guaranty Bancorp’s analysts are positive. Out of 3 Wall Street analysts rating Guaranty Bancorp, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $31.0 while the high is $34.0. The stock’s average target of $32.33 is 10.15% above today’s ($29.35) share price. GBNK was included in 3 notes of analysts from December 21, 2017. The rating was maintained by Sandler O’Neill on Thursday, January 25 with “Buy”. Hovde Group maintained Guaranty Bancorp (NASDAQ:GBNK) rating on Thursday, January 25. Hovde Group has “Buy” rating and $32.0 target. Keefe Bruyette & Woods maintained the shares of GBNK in report on Thursday, December 21 with “Hold” rating.

Guaranty Bancorp (NASDAQ:GBNK) Institutional Positions Chart

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