Guaranty Federal Bancshares (NASDAQ:GFED) Cut to Sell at ValuEngine

ValuEngine cut shares of Guaranty Federal Bancshares (NASDAQ:GFED) from a hold rating to a sell rating in a report issued on Thursday, ValuEngine reports.

Other equities analysts have also issued research reports about the company. TheStreet lowered Guaranty Federal Bancshares from a b- rating to a c+ rating in a research report on Thursday, March 26th. Zacks Investment Research raised Guaranty Federal Bancshares from a sell rating to a hold rating in a research report on Tuesday, March 31st.

Shares of GFED traded up $0.97 during trading hours on Thursday, hitting $13.53. The company had a trading volume of 2,102 shares, compared to its average volume of 2,464. The firm has a fifty day moving average price of $20.83 and a 200-day moving average price of $23.60. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $55.09 million, a price-to-earnings ratio of 6.41 and a beta of 0.63. Guaranty Federal Bancshares has a 52-week low of $12.70 and a 52-week high of $26.93.

Guaranty Federal Bancshares (NASDAQ:GFED) last posted its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.03). Guaranty Federal Bancshares had a return on equity of 11.25% and a net margin of 17.99%. The company had revenue of $9.62 million during the quarter, compared to analysts’ expectations of $10.10 million. Research analysts anticipate that Guaranty Federal Bancshares will post 1.83 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, April 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, April 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.43%. Guaranty Federal Bancshares’s dividend payout ratio is currently 28.44%.

In other news, Director John F. Griesemer purchased 5,500 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was acquired at an average cost of $23.89 per share, for a total transaction of $131,395.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director John F. Griesemer acquired 5,010 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average price of $16.40 per share, with a total value of $82,164.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 11,175 shares of company stock valued at $223,759. Corporate insiders own 29.50% of the company’s stock.

Several large investors have recently made changes to their positions in GFED. Sugarloaf Wealth Management LLC bought a new position in shares of Guaranty Federal Bancshares during the 4th quarter valued at approximately $25,000. Acadian Asset Management LLC grew its stake in shares of Guaranty Federal Bancshares by 69.9% during the 4th quarter. Acadian Asset Management LLC now owns 2,034 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 837 shares during the period. State Street Corp grew its stake in shares of Guaranty Federal Bancshares by 7.8% during the 4th quarter. State Street Corp now owns 13,806 shares of the financial services provider’s stock valued at $348,000 after acquiring an additional 995 shares during the period. California Public Employees Retirement System grew its stake in shares of Guaranty Federal Bancshares by 5.6% during the 3rd quarter. California Public Employees Retirement System now owns 18,728 shares of the financial services provider’s stock valued at $456,000 after acquiring an additional 1,000 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in Guaranty Federal Bancshares by 18.9% in the 4th quarter. Renaissance Technologies LLC now owns 46,029 shares of the financial services provider’s stock worth $1,160,000 after purchasing an additional 7,328 shares during the period. Institutional investors own 26.90% of the company’s stock.

About Guaranty Federal Bancshares

Guaranty Federal Bancshares, Inc operates as the bank holding company for Guaranty Bank that provides a range of banking and mortgage services to individual and corporate customers in southwest Missouri. The company's deposit products include checking accounts, money market accounts, savings accounts, fixed-term certificates of deposit, and individual retirement accounts, as well as demand deposits and NOW accounts.

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