ValuEngine downgraded shares of Great Southern Bancorp (NASDAQ:GSBC) from a buy rating to a hold rating in a research note issued to investors on Monday morning.
A number of other equities analysts also recently commented on GSBC. Zacks Investment Research downgraded shares of Great Southern Bancorp from a buy rating to a hold rating in a research note on Friday, March 30th. BidaskClub upgraded shares of Great Southern Bancorp from a strong sell rating to a sell rating in a research note on Friday, January 26th. Sandler O’Neill restated a hold rating and issued a $54.00 price objective on shares of Great Southern Bancorp in a research note on Tuesday, March 27th. Finally, Keefe, Bruyette & Woods restated a hold rating and issued a $56.00 price objective on shares of Great Southern Bancorp in a research note on Friday, December 22nd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Great Southern Bancorp has a consensus rating of Hold and a consensus price target of $55.67.
Shares of GSBC stock traded down $0.55 on Monday, reaching $50.55. 4,798 shares of the stock were exchanged, compared to its average volume of 26,677. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.48. The company has a market cap of $715.93, a P/E ratio of 13.87 and a beta of 1.00. Great Southern Bancorp has a twelve month low of $47.25 and a twelve month high of $58.45.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend is Thursday, March 29th. This is an increase from Great Southern Bancorp’s previous quarterly dividend of $0.24. Great Southern Bancorp’s dividend payout ratio is currently 30.43%.
In other Great Southern Bancorp news, VP John M. Bugh sold 3,683 shares of the company’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $48.97, for a total value of $180,356.51. Following the completion of the transaction, the vice president now owns 5,473 shares in the company, valued at $268,012.81. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Douglas M. Pitt bought 2,000 shares of Great Southern Bancorp stock in a transaction dated Monday, January 29th. The stock was acquired at an average cost of $51.58 per share, with a total value of $103,160.00. Following the completion of the acquisition, the director now directly owns 3,100 shares of the company’s stock, valued at approximately $159,898. The disclosure for this purchase can be found here. Corporate insiders own 23.78% of the company’s stock.
Several large investors have recently made changes to their positions in the company. BlackRock Inc. raised its holdings in shares of Great Southern Bancorp by 1.3% in the fourth quarter. BlackRock Inc. now owns 773,095 shares of the financial services provider’s stock valued at $39,928,000 after buying an additional 9,683 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Great Southern Bancorp by 3.2% during the third quarter. Dimensional Fund Advisors LP now owns 644,928 shares of the financial services provider’s stock worth $35,890,000 after purchasing an additional 20,265 shares in the last quarter. Walthausen & Co. LLC raised its holdings in Great Southern Bancorp by 9.0% during the third quarter. Walthausen & Co. LLC now owns 231,249 shares of the financial services provider’s stock worth $12,869,000 after purchasing an additional 19,150 shares in the last quarter. LSV Asset Management increased its holdings in Great Southern Bancorp by 6.8% in the fourth quarter. LSV Asset Management now owns 180,542 shares of the financial services provider’s stock valued at $9,324,000 after buying an additional 11,421 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in Great Southern Bancorp in the fourth quarter valued at about $4,074,000. 40.83% of the stock is owned by institutional investors and hedge funds.
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About Great Southern Bancorp
Great Southern Bancorp, Inc is a bank holding company, a financial holding company and the parent of Great Southern Bank (the Bank). Through the Bank and subsidiaries of the Bank, the Company offers insurance, travel, investment and related services. The Bank makes long-term, fixed-rate residential real estate loans.
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