Great Southern Bancorp (NASDAQ:GSBC) Sees Large Volume Increase – Should You Buy?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw unusually-strong trading volume on Monday . 65,761 shares were traded during trading, a decline of 21% from the previous session’s volume of 82,777 shares.The stock last traded at $77.8150 and had previously closed at $77.64.

Analyst Ratings Changes

Several brokerages have recently issued reports on GSBC. Zacks Research cut shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Wall Street Zen cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Keefe, Bruyette & Woods lifted their price target on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the stock a “market perform” rating in a research report on Friday, April 17th. Finally, Weiss Ratings raised Great Southern Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Great Southern Bancorp has an average rating of “Hold” and an average target price of $65.00.

Great Southern Bancorp Price Performance

The stock has a 50 day moving average of $73.33 and a two-hundred day moving average of $66.96. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $843.38 million, a PE ratio of 12.22 and a beta of 0.49.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Thursday, April 16th. The financial services provider reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.31. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.29%. The company had revenue of $55.36 million during the quarter, compared to analyst estimates of $54.75 million. Equities analysts anticipate that Great Southern Bancorp, Inc. will post 5.84 EPS for the current year.

Great Southern Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Monday, June 29th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, June 29th. Great Southern Bancorp’s dividend payout ratio is 27.26%.

Insider Activity

In other Great Southern Bancorp news, VP Mark A. Maples sold 2,387 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $68.95, for a total transaction of $164,583.65. Following the sale, the vice president directly owned 1,187 shares of the company’s stock, valued at $81,843.65. The trade was a 66.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John M. Bugh sold 2,500 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $67.59, for a total value of $168,975.00. Following the completion of the sale, the vice president owned 1,790 shares of the company’s stock, valued at $120,986.10. The trade was a 58.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 13,687 shares of company stock worth $938,407. Company insiders own 29.75% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Two Sigma Investments LP lifted its stake in Great Southern Bancorp by 177.7% in the 3rd quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock worth $2,954,000 after acquiring an additional 30,863 shares in the last quarter. LSV Asset Management grew its stake 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 valued at $8,057,000 after acquiring an additional 27,487 shares in the last quarter. First Trust Advisors LP grew its stake 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 valued at $1,980,000 after acquiring an additional 24,786 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of Great Southern Bancorp by 121.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 39,757 shares of the financial services provider’s stock valued at $2,435,000 after purchasing an additional 21,806 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Great Southern Bancorp in the 1st quarter valued at about $1,146,000. 41.66% of the stock is owned by institutional investors and hedge funds.

About Great Southern Bancorp

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.