Great Southern Bancorp (NASDAQ:GSBC) CEO Sells $408,960.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) CEO Joseph Turner sold 6,000 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $68.16, for a total value of $408,960.00. Following the sale, the chief executive officer directly owned 136,182 shares in the company, valued at $9,282,165.12. This trade represents a 4.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Great Southern Bancorp Stock Performance

Shares of GSBC opened at $68.87 on Monday. The stock’s 50-day simple moving average is $64.16 and its 200 day simple moving average is $62.21. The stock has a market capitalization of $754.82 million, a price-to-earnings ratio of 10.91 and a beta of 0.50. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. Great Southern Bancorp, Inc. has a 52-week low of $53.60 and a 52-week high of $70.91.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.31. The business had revenue of $55.36 million for the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a return on equity of 11.31% and a net margin of 21.33%. Research analysts forecast that Great Southern Bancorp, Inc. will post 5.84 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Monday, March 30th were issued a $0.43 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 27.26%.

Hedge Funds Weigh In On Great Southern Bancorp

Several institutional investors have recently modified their holdings of GSBC. Two Sigma Investments LP increased its position in shares of Great Southern Bancorp by 177.7% during the 3rd quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock valued at $2,954,000 after purchasing an additional 30,863 shares during the last quarter. LSV Asset Management grew its position in Great Southern Bancorp by 26.6% during the 4th quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock worth $8,057,000 after acquiring an additional 27,487 shares during the last quarter. First Trust Advisors LP grew its position in Great Southern Bancorp by 328.9% during the 3rd quarter. First Trust Advisors LP now owns 32,321 shares of the financial services provider’s stock worth $1,980,000 after acquiring an additional 24,786 shares during the last quarter. American Century Companies Inc. grew its position in Great Southern Bancorp by 9.8% during the 3rd quarter. American Century Companies Inc. now owns 271,310 shares of the financial services provider’s stock worth $16,618,000 after acquiring an additional 24,131 shares during the last quarter. Finally, Bridgeway Capital Management LLC grew its position in Great Southern Bancorp by 121.5% during the 3rd quarter. Bridgeway Capital Management LLC now owns 39,757 shares of the financial services provider’s stock worth $2,435,000 after acquiring an additional 21,806 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Keefe, Bruyette & Woods raised their price target on Great Southern Bancorp from $63.00 to $65.00 and gave the company a “market perform” rating in a report on Friday, April 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Great Southern Bancorp in a report on Tuesday, April 21st. Finally, Zacks Research raised Great Southern Bancorp from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $65.00.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc (NASDAQ: GSBC) is the bank holding company for Great Southern Bank, a full-service commercial bank headquartered in Springfield, Missouri. Through its subsidiary, the company provides a broad spectrum of financial products and services designed to meet the needs of individuals, small and mid-sized businesses, and professional clients across its regional footprint.

Great Southern Bank’s core business activities include deposit-taking, lending and treasury management.