Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Up 5.5% in March

Great Southern Bancorp, Inc. (NASDAQ:GSBC) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 151,800 shares, a growth of 5.5% from the February 29th total of 143,900 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is presently 5.1 days.

Insider Transactions at Great Southern Bancorp

In related news, Director Thomas J. Carlson sold 5,000 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the transaction, the director now owns 100 shares in the company, valued at approximately $5,423. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 27.60% of the company’s stock.

Institutional Trading of Great Southern Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dean Capital Management grew its position in shares of Great Southern Bancorp by 97.1% during the 2nd quarter. Dean Capital Management now owns 17,727 shares of the financial services provider’s stock valued at $899,000 after acquiring an additional 8,732 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Great Southern Bancorp by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 106,594 shares of the financial services provider’s stock valued at $5,108,000 after purchasing an additional 1,430 shares during the period. Bank of New York Mellon Corp increased its position in Great Southern Bancorp by 0.4% in the third quarter. Bank of New York Mellon Corp now owns 59,286 shares of the financial services provider’s stock worth $2,841,000 after buying an additional 252 shares in the last quarter. Legato Capital Management LLC raised its stake in shares of Great Southern Bancorp by 26.4% in the third quarter. Legato Capital Management LLC now owns 22,404 shares of the financial services provider’s stock worth $1,074,000 after buying an additional 4,677 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of Great Southern Bancorp during the 3rd quarter valued at about $218,000. 41.66% of the stock is owned by hedge funds and other institutional investors.

Great Southern Bancorp Trading Down 0.3 %

NASDAQ:GSBC opened at $51.99 on Thursday. The company has a market cap of $609.84 million, a PE ratio of 9.23 and a beta of 0.66. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.18. The company has a 50 day simple moving average of $51.98 and a two-hundred day simple moving average of $52.62. Great Southern Bancorp has a 12 month low of $45.38 and a 12 month high of $61.94.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $1.11 EPS for the quarter, missing the consensus estimate of $1.14 by ($0.03). Great Southern Bancorp had a return on equity of 12.30% and a net margin of 20.74%. The firm had revenue of $83.05 million during the quarter. During the same period in the prior year, the firm earned $1.84 earnings per share. Research analysts forecast that Great Southern Bancorp will post 4.57 earnings per share for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 16th. Investors of record on Tuesday, April 2nd will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date is Monday, April 1st. Great Southern Bancorp’s payout ratio is 28.42%.

Analyst Ratings Changes

GSBC has been the subject of several recent analyst reports. Piper Sandler decreased their price target on Great Southern Bancorp from $58.00 to $57.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods decreased their target price on Great Southern Bancorp from $59.00 to $58.00 and set a “market perform” rating for the company in a research report on Thursday, January 25th.

About Great Southern Bancorp

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.