Great Southern Bancorp (NASDAQ:GSBC) Stock Rating Upgraded by Wall Street Zen

Great Southern Bancorp (NASDAQ:GSBC) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other equities research analysts also recently weighed in on GSBC. Keefe, Bruyette & Woods raised their price objective on Great Southern Bancorp from $72.00 to $74.00 and gave the company a “market perform” rating in a report on Friday, July 17th. Weiss Ratings raised Great Southern Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Great Southern Bancorp currently has an average rating of “Hold” and a consensus target price of $74.00.

Great Southern Bancorp Stock Performance

NASDAQ GSBC opened at $78.05 on Friday. The firm’s fifty day moving average price is $78.97 and its two-hundred day moving average price is $75.14. The stock has a market cap of $850.75 million, a PE ratio of 12.97 and a beta of 0.50. Great Southern Bancorp has a fifty-two week low of $53.76 and a fifty-two week high of $82.91. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93.

Insider Transactions at Great Southern Bancorp

In related news, Director Julie Brown sold 851 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director owned 7,052 shares in the company, valued at $571,212. This trade represents a 10.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 29.75% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Great Southern Bancorp

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Great Southern Bancorp during the second quarter valued at $60,624,000. The Manufacturers Life Insurance Company acquired a new position in shares of Great Southern Bancorp during the second quarter worth $8,793,000. Empowered Funds LLC acquired a new position in shares of Great Southern Bancorp during the second quarter worth $4,237,000. Bank of New York Mellon Corp acquired a new position in shares of Great Southern Bancorp during the second quarter worth $3,412,000. Finally, Bank of America Corp DE acquired a new position in shares of Great Southern Bancorp during the second quarter worth $2,010,000. 41.66% of the stock is owned by institutional investors.

About Great Southern Bancorp

Great Southern Bancorp, Inc is the bank holding company for Great Southern Bank, a full-service financial institution headquartered in Springfield, Missouri. Through its banking subsidiary, the company provides deposit accounts, lending products and other financial services to individuals, families, businesses and commercial real estate customers.

Great Southern Bank offers checking and savings accounts, certificates of deposit, consumer loans, residential real estate loans, commercial and industrial financing, commercial real estate loans, construction loans and agricultural lending.