Insider Buying: Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) Director Buys $82,164.00 in Stock

Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) Director John F. Griesemer bought 5,010 shares of Guaranty Federal Bancshares stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average cost of $16.40 per share, for a total transaction of $82,164.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

NASDAQ GFED opened at $14.97 on Thursday. The company has a 50-day simple moving average of $22.20 and a two-hundred day simple moving average of $23.93. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.06. Guaranty Federal Bancshares, Inc. has a 12-month low of $13.50 and a 12-month high of $26.93. The firm has a market cap of $69.31 million, a price-to-earnings ratio of 7.57 and a beta of 0.12.

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 net margin of 17.99% and a return on equity of 11.25%. The business had revenue of $9.62 million for the quarter, compared to analysts’ expectations of $10.10 million. Equities analysts expect that Guaranty Federal Bancshares, Inc. will post 1.83 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. California Public Employees Retirement System boosted its position in Guaranty Federal Bancshares by 5.6% during the third quarter. California Public Employees Retirement System now owns 18,728 shares of the financial services provider’s stock valued at $456,000 after buying an additional 1,000 shares during the period. Acadian Asset Management LLC boosted its position in Guaranty Federal Bancshares by 69.9% during the fourth quarter. Acadian Asset Management LLC now owns 2,034 shares of the financial services provider’s stock valued at $51,000 after buying an additional 837 shares during the period. EJF Capital LLC boosted its position in Guaranty Federal Bancshares by 5.1% during the fourth quarter. EJF Capital LLC now owns 105,050 shares of the financial services provider’s stock valued at $2,647,000 after buying an additional 5,050 shares during the period. State Street Corp boosted its position in Guaranty Federal Bancshares by 7.8% during the fourth quarter. State Street Corp now owns 13,806 shares of the financial services provider’s stock valued at $348,000 after buying an additional 995 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Guaranty Federal Bancshares by 18.9% during the fourth quarter. Renaissance Technologies LLC now owns 46,029 shares of the financial services provider’s stock valued at $1,160,000 after buying an additional 7,328 shares during the period. Institutional investors and hedge funds own 26.90% of the company’s stock.

A number of research analysts recently commented on the company. Zacks Investment Research cut Guaranty Federal Bancshares from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 29th. ValuEngine raised Guaranty Federal Bancshares from a “sell” rating to a “hold” rating in a research note on Thursday, February 13th.

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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