Insider Selling: Great Southern Bancorp (NASDAQ:GSBC) VP Sells $164,583.65 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Mark Maples sold 2,387 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $68.95, for a total value of $164,583.65. Following the completion of the transaction, the vice president directly owned 1,187 shares of the company’s stock, valued at approximately $81,843.65. This represents a 66.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Great Southern Bancorp Price Performance

Great Southern Bancorp stock opened at $70.10 on Thursday. The company has a fifty day simple moving average of $64.43 and a 200-day simple moving average of $62.36. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $768.51 million, a price-to-earnings ratio of 11.11 and a beta of 0.50. Great Southern Bancorp, Inc. has a 52-week low of $53.76 and a 52-week high of $70.91.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.31. The firm had revenue of $55.36 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a net margin of 21.33% and a return on equity of 11.31%. On average, equities analysts anticipate that Great Southern Bancorp, Inc. will post 5.84 EPS for the current fiscal year.

Great Southern Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Monday, March 30th were given a dividend of $0.43 per share. The ex-dividend date was Monday, March 30th. This represents a $1.72 dividend on an annualized basis and a yield of 2.5%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 27.26%.

Analyst Ratings Changes

A number of brokerages have issued reports on GSBC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Great Southern Bancorp in a research note on Tuesday, April 21st. Zacks Research raised shares of Great Southern Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the company a “market perform” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $65.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue purchased a new stake in Great Southern Bancorp in the third quarter valued at $27,000. Russell Investments Group Ltd. lifted its stake in shares of Great Southern Bancorp by 1,301.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 771 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 716 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in shares of Great Southern Bancorp during the 4th quarter worth $77,000. Quadrant Capital Group LLC purchased a new position in shares of Great Southern Bancorp during the 3rd quarter worth $128,000. Finally, CWM LLC increased its position in shares of Great Southern Bancorp by 224.7% during the 3rd quarter. CWM LLC now owns 2,789 shares of the financial services provider’s stock worth $171,000 after purchasing an additional 1,930 shares during the last quarter. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

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.