Separately, Zacks Investment Research downgraded shares of Guaranty Federal Bancshares from a buy rating to a hold rating in a research note on Friday, January 25th.
GFED stock traded up $0.60 on Monday, reaching $23.12. 1,100 shares of the company were exchanged, compared to its average volume of 4,292. Guaranty Federal Bancshares has a 12 month low of $20.11 and a 12 month high of $27.39. The firm has a market capitalization of $101.46 million, a P/E ratio of 10.27 and a beta of 0.01. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.58.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Tuesday, April 9th were paid a dividend of $0.13 per share. The ex-dividend date was Monday, April 8th. This represents a $0.52 dividend on an annualized basis and a yield of 2.25%. Guaranty Federal Bancshares’s dividend payout ratio is currently 23.85%.
Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Guaranty Federal Bancshares by 2.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 140,841 shares of the financial services provider’s stock valued at $3,076,000 after purchasing an additional 3,590 shares in the last quarter. Simmons Bank boosted its stake in shares of Guaranty Federal Bancshares by 17.0% in the 4th quarter. Simmons Bank now owns 11,300 shares of the financial services provider’s stock valued at $247,000 after purchasing an additional 1,645 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Guaranty Federal Bancshares by 54.9% in the 3rd quarter. Alliancebernstein L.P. now owns 102,391 shares of the financial services provider’s stock valued at $2,457,000 after purchasing an additional 36,296 shares in the last quarter. Institutional investors own 27.64% 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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