William Turner Sells 6,000 Shares of Great Southern Bancorp (NASDAQ:GSBC) Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) Director William Turner sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $59.70, for a total transaction of $358,200.00. Following the transaction, the director owned 199,112 shares in the company, valued at $11,886,986.40. The trade was a 2.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Great Southern Bancorp Stock Performance

GSBC traded up $1.39 on Thursday, reaching $60.88. 63,098 shares of the stock were exchanged, compared to its average volume of 59,089. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.93. Great Southern Bancorp, Inc. has a fifty-two week low of $47.57 and a fifty-two week high of $67.70. The firm has a market capitalization of $681.19 million, a PE ratio of 9.82 and a beta of 0.52. The company’s 50-day moving average price is $62.44 and its 200 day moving average price is $60.78.

Great Southern Bancorp (NASDAQ:GSBC) last issued its earnings results on Wednesday, January 21st. The financial services provider reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.07. The firm had revenue of $56.35 million for the quarter, compared to analyst estimates of $55.03 million. Great Southern Bancorp had a return on equity of 11.40% and a net margin of 20.70%. As a group, sell-side analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current fiscal year.

Great Southern Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Monday, December 29th were paid a dividend of $0.43 per share. The ex-dividend date was Monday, December 29th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.8%. Great Southern Bancorp’s dividend payout ratio (DPR) is presently 27.74%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Keefe, Bruyette & Woods raised their target price on Great Southern Bancorp from $61.00 to $63.00 and gave the stock a “market perform” rating in a report on Friday, January 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Great Southern Bancorp in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Great Southern Bancorp from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $60.50.

Hedge Funds Weigh In On Great Southern Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GSBC. Two Sigma Investments LP increased its stake in shares of 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 purchasing an additional 30,863 shares in the last quarter. First Trust Advisors LP increased its stake in Great Southern Bancorp by 328.9% during the 3rd 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. raised its holdings in shares of 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 valued at $16,618,000 after acquiring an additional 24,131 shares during the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of 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 valued at $2,435,000 after acquiring an additional 21,806 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Great Southern Bancorp in the first quarter valued at approximately $1,146,000. 41.66% of the stock is owned by hedge funds and other 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.