Great Southern Bancorp (NASDAQ:GSBC) VP Sells $101,010.00 in Stock

Great Southern Bancorp, Inc. (NASDAQ:GSBC) VP John Bugh sold 1,750 shares of Great Southern Bancorp stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $57.72, for a total value of $101,010.00. Following the completion of the transaction, the vice president owned 1,790 shares in the company, valued at $103,318.80. This trade represents a 49.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Great Southern Bancorp Stock Down 0.1%

Shares of Great Southern Bancorp stock traded down $0.07 on Wednesday, reaching $58.07. The stock had a trading volume of 11,179 shares, compared to its average volume of 42,995. Great Southern Bancorp, Inc. has a 1 year low of $47.57 and a 1 year high of $66.98. The company has a 50 day moving average price of $60.19 and a 200 day moving average price of $59.14. 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 capitalization of $649.69 million, a P/E ratio of 9.65 and a beta of 0.59.

Great Southern Bancorp (NASDAQ:GSBC) last issued its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.01. Great Southern Bancorp had a return on equity of 11.38% and a net margin of 19.80%.The business had revenue of $58.21 million for the quarter, compared to the consensus estimate of $56.72 million. As a group, equities research analysts forecast that Great Southern Bancorp, Inc. will post 5.24 EPS for the current year.

Great Southern Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 14th. Investors of record on Monday, September 29th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, September 29th. This is a positive change from Great Southern Bancorp’s previous quarterly dividend of $0.40. Great Southern Bancorp’s payout ratio is currently 28.57%.

Hedge Funds Weigh In On Great Southern Bancorp

Several hedge funds have recently bought and sold shares of GSBC. American Century Companies Inc. lifted its stake in shares of Great Southern Bancorp by 9.8% in the 3rd quarter. American Century Companies Inc. now owns 271,310 shares of the financial services provider’s stock valued at $16,618,000 after purchasing an additional 24,131 shares in the last quarter. Rafferty Asset Management LLC grew its stake in Great Southern Bancorp by 77.9% during the third quarter. Rafferty Asset Management LLC now owns 8,813 shares of the financial services provider’s stock worth $540,000 after buying an additional 3,858 shares during the period. GSA Capital Partners LLP increased its position in shares of Great Southern Bancorp by 3.3% in the third quarter. GSA Capital Partners LLP now owns 11,353 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 365 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Great Southern Bancorp by 101.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,452 shares of the financial services provider’s stock valued at $1,008,000 after acquiring an additional 8,287 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Great Southern Bancorp by 1.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 51,169 shares of the financial services provider’s stock valued at $3,134,000 after acquiring an additional 736 shares in the last quarter. 41.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GSBC has been the subject of several recent analyst reports. Zacks Research lowered shares of Great Southern Bancorp from a “hold” rating to a “strong sell” rating in a report on Monday, October 20th. Weiss Ratings downgraded Great Southern Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Great Southern Bancorp from $63.00 to $61.00 and set a “market perform” rating for the company in a research note on Friday, October 17th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $59.50.

Great Southern Bancorp Company Profile

Great Southern Bancorp, Inc operates as a bank holding company for Great Southern Bank that provides a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.