Eidelman Virant Capital reduced its stake in shares of Guaranty Federal Bancshares, Inc. (NASDAQ:GFED) by 20.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 114,235 shares of the financial services provider’s stock after selling 29,882 shares during the period. Guaranty Federal Bancshares makes up approximately 1.5% of Eidelman Virant Capital’s portfolio, making the stock its 24th biggest holding. Eidelman Virant Capital owned 2.60% of Guaranty Federal Bancshares worth $2,444,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. ZPR Investment Management grew its position in shares of Guaranty Federal Bancshares by 1.2% during the 2nd quarter. ZPR Investment Management now owns 15,678 shares of the financial services provider’s stock valued at $332,000 after acquiring an additional 188 shares during the period. Renaissance Technologies LLC boosted its holdings in Guaranty Federal Bancshares by 1.2% in the 1st quarter. Renaissance Technologies LLC now owns 25,400 shares of the financial services provider’s stock worth $484,000 after buying an additional 300 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Guaranty Federal Bancshares by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 133,413 shares of the financial services provider’s stock worth $2,602,000 after buying an additional 702 shares during the last quarter. 25.37% of the stock is currently owned by institutional investors.
In other news, major shareholder Castle Creek Capital Partners acquired 24,782 shares of Guaranty Federal Bancshares stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average price of $20.88 per share, with a total value of $517,448.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 12.50% of the company’s stock.
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Several equities research analysts recently issued reports on GFED shares. Zacks Investment Research upgraded Guaranty Federal Bancshares from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Thursday, October 19th. ValuEngine lowered shares of Guaranty Federal Bancshares from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd.
Guaranty Federal Bancshares, Inc. (NASDAQ GFED) traded up 0.0000% during mid-day trading on Wednesday, hitting $21.3885. 6,455 shares of the stock traded hands. Guaranty Federal Bancshares, Inc. has a 12 month low of $15.89 and a 12 month high of $23.71. The stock’s 50 day moving average is $21.83 and its 200-day moving average is $21.00. The company has a market cap of $94.15 million, a price-to-earnings ratio of 15.0623 and a beta of 0.59.
Guaranty Federal Bancshares (NASDAQ:GFED) last announced its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. The business had revenue of $7.62 million for the quarter, compared to the consensus estimate of $7.36 million. Guaranty Federal Bancshares had a net margin of 18.63% and a return on equity of 8.74%. On average, equities research analysts anticipate that Guaranty Federal Bancshares, Inc. will post $1.44 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Tuesday, October 3rd were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.87%. The ex-dividend date was Monday, October 2nd. Guaranty Federal Bancshares’s payout ratio is 28.37%.
About Guaranty Federal Bancshares
Guaranty Federal Bancshares, Inc is the savings and loan holding company for Guaranty Federal Savings Bank (the Bank). The Company operates through banking operation segment. The banking segment is engaged in the business of originating mortgage loans secured by one- to four-family residences, multi-family, construction, commercial and consumer loans.
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