Great Southern Bancorp (NASDAQ:GSBC) Director Sells $68,931.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Julie Brown sold 851 shares of Great Southern Bancorp stock in a transaction on Monday, August 17th. The shares were sold at an average price of $81.00, for a total value of $68,931.00. Following the transaction, the director owned 7,052 shares in the company, valued at approximately $571,212. This trade represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Great Southern Bancorp Trading Up 0.4%

Shares of Great Southern Bancorp stock opened at $79.12 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The firm has a market cap of $862.41 million, a price-to-earnings ratio of 13.14 and a beta of 0.49. The business has a fifty day simple moving average of $78.58 and a 200-day simple moving average of $70.56. Great Southern Bancorp, Inc. has a fifty-two week low of $53.76 and a fifty-two week high of $82.91.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Thursday, July 16th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. Great Southern Bancorp had a return on equity of 10.83% and a net margin of 20.72%.The firm had revenue of $56.87 million for the quarter, compared to analyst estimates of $55.26 million. On average, equities analysts forecast that Great Southern Bancorp, Inc. will post 5.99 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Monday, June 29th were given a dividend of $0.43 per share. The ex-dividend date was Monday, June 29th. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. Great Southern Bancorp’s dividend payout ratio (DPR) is 28.57%.

Institutional Investors Weigh In On Great Southern Bancorp

A number of large investors have recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in shares of Great Southern Bancorp by 1,301.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 716 shares in the last quarter. Quantbot Technologies LP purchased a new position in Great Southern Bancorp during the 2nd quarter worth approximately $71,000. Sarver Vrooman Wealth Advisors acquired a new stake in Great Southern Bancorp during the 4th quarter valued at $77,000. Royal Bank of Canada raised its stake in Great Southern Bancorp by 24.8% during the 1st quarter. Royal Bank of Canada now owns 1,309 shares of the financial services provider’s stock valued at $83,000 after purchasing an additional 260 shares during the period. Finally, Quadrant Capital Group LLC acquired a new stake in shares of Great Southern Bancorp in the third quarter worth $128,000. Institutional investors and hedge funds own 41.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Zacks Research downgraded shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Keefe, Bruyette & Woods raised their target price on shares of Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a report on Friday, July 17th. Wall Street Zen lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings cut Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $74.00.

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.