Insider Selling: Great Southern Bancorp (NASDAQ:GSBC) VP Sells $195,888.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Kevin Baker sold 2,800 shares of Great Southern Bancorp stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $69.96, for a total transaction of $195,888.00. Following the transaction, the vice president owned 14 shares in the company, valued at $979.44. The trade was a 99.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Great Southern Bancorp Stock Performance

Shares of GSBC stock opened at $69.74 on Friday. Great Southern Bancorp, Inc. has a 12 month low of $53.76 and a 12 month high of $70.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $764.35 million, a P/E ratio of 11.05 and a beta of 0.50. The company’s fifty day moving average price is $64.57 and its two-hundred day moving average price is $62.46.

Great Southern Bancorp (NASDAQ:GSBC) last announced its earnings results on Thursday, April 16th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.31. The company had revenue of $55.36 million for the quarter, compared to analyst estimates of $54.75 million. Great Southern Bancorp had a return on equity of 11.31% and a net margin of 21.33%. On average, research analysts anticipate that Great Southern Bancorp, Inc. will post 5.84 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Great Southern Bancorp from $63.00 to $65.00 and gave the stock a “market perform” rating in a research note on Friday, April 17th. Wall Street Zen lowered shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday. Zacks Research upgraded shares of Great Southern Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Great Southern Bancorp in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $65.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GSBC. Two Sigma Investments LP boosted its holdings in Great Southern Bancorp by 177.7% during the third quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock worth $2,954,000 after buying an additional 30,863 shares in the last quarter. LSV Asset Management boosted its holdings in Great Southern Bancorp by 26.6% during 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 boosted its holdings in Great Southern Bancorp by 328.9% during the third quarter. First Trust Advisors LP now owns 32,321 shares of the financial services provider’s stock worth $1,980,000 after buying an additional 24,786 shares in the last quarter. American Century Companies Inc. boosted its holdings in Great Southern Bancorp by 9.8% during the third 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 boosted its holdings 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 buying an additional 21,806 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

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.