Great Southern Bancorp (NASDAQ:GSBC) Director Julie Brown Sells 851 Shares of Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director Julie Brown sold 851 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $81.00, for a total transaction of $68,931.00. Following the completion of the sale, the director owned 7,052 shares in the company, valued at $571,212. This represents a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Great Southern Bancorp Stock Performance

NASDAQ:GSBC opened at $78.78 on Friday. Great Southern Bancorp, Inc. has a twelve month low of $53.76 and a twelve month high of $82.91. 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 stock has a market cap of $858.70 million, a P/E ratio of 13.09 and a beta of 0.49. The business’s 50-day moving average price is $78.51 and its two-hundred day moving average price is $70.50.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. Great Southern Bancorp had a net margin of 20.72% and a return on equity of 10.83%. The firm had revenue of $56.87 million for the quarter, compared to analysts’ expectations of $55.26 million. As a group, equities analysts predict that Great Southern Bancorp, Inc. will post 5.99 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Investors of record on Monday, June 29th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, June 29th. Great Southern Bancorp’s dividend payout ratio is presently 28.57%.

Institutional Investors Weigh In On Great Southern Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in shares of Great Southern Bancorp during the second quarter worth approximately $60,624,000. LSV Asset Management lifted 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 during the period. The Manufacturers Life Insurance Company purchased a new position in shares of Great Southern Bancorp in the 2nd quarter valued at $8,793,000. Empowered Funds LLC purchased a new stake in shares of Great Southern Bancorp during the 2nd quarter worth $4,237,000. Finally, Two Sigma Investments LP raised its holdings in Great Southern Bancorp by 177.7% in the third quarter. Two Sigma Investments LP now owns 48,227 shares of the financial services provider’s stock worth $2,954,000 after purchasing an additional 30,863 shares in the last quarter. 41.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on GSBC shares. Wall Street Zen cut shares of Great Southern Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings lowered shares of Great Southern Bancorp from a “buy (b+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Keefe, Bruyette & Woods boosted their target price on Great Southern Bancorp from $72.00 to $74.00 and gave the stock a “market perform” rating in a research report on Friday, July 17th. Finally, Zacks Research lowered shares of Great Southern Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $74.00.

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.