Great Southern Bancorp (NASDAQ:GSBC) Sees Large Volume Increase – What’s Next?

Great Southern Bancorp, Inc. (NASDAQ:GSBC) saw unusually-high trading volume on Tuesday . Approximately 24,367 shares traded hands during mid-day trading, a decline of 11% from the previous session’s volume of 27,283 shares.The stock last traded at $56.87 and had previously closed at $56.66.

Analyst Upgrades and Downgrades

Separately, Piper Sandler decreased their price target on shares of Great Southern Bancorp from $67.00 to $64.00 and set a “neutral” rating on the stock in a research note on Thursday, January 23rd.

Great Southern Bancorp Trading Up 0.1 %

The company has a debt-to-equity ratio of 0.16, a current ratio of 0.93 and a quick ratio of 0.93. The company has a 50-day moving average of $58.77 and a 200 day moving average of $59.56. The company has a market cap of $660.80 million, a PE ratio of 10.83 and a beta of 0.62.

Great Southern Bancorp (NASDAQ:GSBC) last released its earnings results on Tuesday, January 21st. The financial services provider reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.05). Great Southern Bancorp had a net margin of 17.40% and a return on equity of 10.62%. Analysts predict that Great Southern Bancorp, Inc. will post 5.24 earnings per share for the current year.

Great Southern Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Monday, December 30th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 2.81%. The ex-dividend date was Monday, December 30th. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 30.42%.

Insider Activity

In other Great Southern Bancorp news, VP Kevin L. Baker sold 5,000 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $60.02, for a total value of $300,100.00. Following the completion of the sale, the vice president now directly owns 14 shares of the company’s stock, valued at $840.28. The trade was a 99.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 27.60% of the company’s stock.

Institutional Investors Weigh In On Great Southern Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its stake in shares of Great Southern Bancorp by 146.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 597 shares of the financial services provider’s stock valued at $36,000 after buying an additional 355 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Great Southern Bancorp by 11.3% during the third quarter. BNP Paribas Financial Markets now owns 2,115 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 215 shares in the last quarter. Virtu Financial LLC purchased a new position in Great Southern Bancorp during the third quarter valued at approximately $221,000. AlphaQuest LLC bought a new position in Great Southern Bancorp in the fourth quarter worth approximately $256,000. Finally, ExodusPoint Capital Management LP purchased a new position in shares of Great Southern Bancorp in the 4th quarter valued at $256,000. 41.66% of the stock is owned by institutional investors.

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.