Great Southern Bancorp (NASDAQ:GSBC) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $61.56 and traded as high as $63.54. Great Southern Bancorp shares last traded at $62.78, with a volume of 71,815 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Great Southern Bancorp in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Great Southern Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Great Southern Bancorp currently has a consensus rating of “Hold” and a consensus target price of $60.50.

Great Southern Bancorp Price Performance

The company’s fifty day moving average price is $62.83 and its two-hundred day moving average price is $61.56. The company has a market cap of $685.61 million, a price-to-earnings ratio of 9.88 and a beta of 0.51. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $1.45 EPS for the quarter, beating the consensus estimate of $1.38 by $0.07. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%.The firm had revenue of $56.35 million during the quarter, compared to analysts’ expectations of $55.03 million. On average, equities research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Monday, December 29th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, December 29th. Great Southern Bancorp’s payout ratio is currently 27.74%.

Insiders Place Their Bets

In other Great Southern Bancorp news, CEO Joseph W. Turner sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $60.74, for a total transaction of $364,440.00. Following the sale, the chief executive officer directly owned 137,382 shares of the company’s stock, valued at $8,344,582.68. The trade was a 4.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Thomas J. Carlson sold 2,000 shares of the stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $59.89, for a total value of $119,780.00. Following the transaction, the director owned 100 shares in the company, valued at $5,989. The trade was a 95.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 14,680 shares of company stock valued at $885,376 in the last 90 days. Corporate insiders own 27.93% of the company’s stock.

Institutional Investors Weigh In On Great Southern Bancorp

Hedge funds have recently made changes to their positions in the business. Two Sigma Investments LP lifted its holdings in shares of Great Southern Bancorp by 177.7% during the 3rd quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock valued at $2,954,000 after buying an additional 30,863 shares during the period. LSV Asset Management lifted its position in shares of Great Southern Bancorp by 26.6% in the fourth quarter. LSV Asset Management now owns 130,884 shares of the financial services provider’s stock worth $8,057,000 after buying an additional 27,487 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Great Southern Bancorp by 328.9% in the third quarter. First Trust Advisors LP now owns 32,321 shares of the financial services provider’s stock valued at $1,980,000 after purchasing an additional 24,786 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Great Southern Bancorp by 9.8% in the 3rd quarter. American Century Companies Inc. now owns 271,310 shares of the financial services provider’s stock worth $16,618,000 after buying an additional 24,131 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its stake in Great Southern Bancorp by 121.5% during the third quarter. Bridgeway Capital Management LLC now owns 39,757 shares of the financial services provider’s stock worth $2,435,000 after acquiring an additional 21,806 shares during the last quarter. 41.66% of the stock is currently owned by institutional investors.

Great Southern Bancorp Company Profile

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.