Great Southern Bancorp (NASDAQ:GSBC) VP Kevin Baker Sells 2,800 Shares

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP Kevin Baker sold 2,800 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $69.96, for a total value of $195,888.00. Following the completion of the transaction, the vice president directly owned 14 shares in the company, valued at $979.44. This trade represents a 99.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Great Southern Bancorp Stock Performance

GSBC stock opened at $70.10 on Thursday. The stock has a market capitalization of $768.51 million, a PE ratio of 11.11 and a beta of 0.50. Great Southern Bancorp, Inc. has a 12-month low of $53.76 and a 12-month high of $70.91. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.04. The stock’s 50 day simple moving average is $64.43 and its 200 day simple moving average is $62.36.

Great Southern Bancorp (NASDAQ:GSBC) last released its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.31. The firm had revenue of $55.36 million for the quarter, compared to analysts’ expectations of $54.75 million. Great Southern Bancorp had a return on equity of 11.31% and a net margin of 21.33%. As a group, research analysts forecast that Great Southern Bancorp, Inc. will post 5.84 earnings per share for the current fiscal year.

Great Southern Bancorp Announces Dividend

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

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Great Southern Bancorp

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