Great Southern Bancorp, Inc. (NASDAQ:GSBC) Short Interest Update

Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 134,500 shares, a decrease of 13.1% from the December 15th total of 154,700 shares. Based on an average trading volume of 28,200 shares, the short-interest ratio is currently 4.8 days. Currently, 1.6% of the shares of the stock are short sold.

Insiders Place Their Bets

In related news, VP Mark A. Maples sold 2,074 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $67.19, for a total value of $139,352.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William V. Turner sold 6,000 shares of Great Southern Bancorp stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $63.06, for a total transaction of $378,360.00. Following the sale, the director now directly owns 210,112 shares in the company, valued at approximately $13,249,662.72. This trade represents a 2.78 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,174 shares of company stock worth $1,235,009. Company insiders own 27.60% of the company’s stock.

Hedge Funds Weigh In On Great Southern Bancorp

A number of hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its stake in Great Southern Bancorp by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,235 shares of the financial services provider’s stock worth $611,000 after buying an additional 391 shares during the period. SG Americas Securities LLC raised its position in Great Southern Bancorp by 11.4% in the fourth quarter. SG Americas Securities LLC now owns 4,745 shares of the financial services provider’s stock valued at $283,000 after purchasing an additional 487 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Great Southern Bancorp by 98.6% during the third quarter. JPMorgan Chase & Co. now owns 18,779 shares of the financial services provider’s stock worth $1,076,000 after buying an additional 9,325 shares during the period. Virtu Financial LLC acquired a new position in Great Southern Bancorp during the 3rd quarter worth about $221,000. Finally, Barclays PLC grew its position in Great Southern Bancorp by 136.6% in the 3rd quarter. Barclays PLC now owns 15,508 shares of the financial services provider’s stock valued at $889,000 after acquiring an additional 8,954 shares in the last quarter. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their price target on Great Southern Bancorp from $64.00 to $62.00 and set a “neutral” rating for the company in a research report on Friday, October 18th.

Great Southern Bancorp Trading Up 0.9 %

Shares of GSBC stock traded up $0.55 on Friday, hitting $60.42. 22,009 shares of the stock traded hands, compared to its average volume of 29,381. Great Southern Bancorp has a twelve month low of $48.19 and a twelve month high of $68.01. The stock has a market capitalization of $705.40 million, a PE ratio of 11.85 and a beta of 0.65. The firm’s 50-day moving average price is $62.12 and its two-hundred day moving average price is $59.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.93 and a current ratio of 0.93.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.15. Great Southern Bancorp had a net margin of 17.21% and a return on equity of 10.36%. The business had revenue of $90.79 million during the quarter, compared to analysts’ expectations of $54.75 million. During the same quarter in the prior year, the company posted $1.33 EPS. As a group, analysts anticipate that Great Southern Bancorp will post 5.3 EPS for the current year.

Great Southern Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were given a $0.40 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 2.65%. Great Southern Bancorp’s dividend payout ratio is currently 31.37%.

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.