BidaskClub downgraded shares of Great Southern Bancorp, Inc. (NASDAQ:GSBC) from a hold rating to a sell rating in a research note issued to investors on Friday, July 28th.

Several other research firms also recently commented on GSBC. Zacks Investment Research raised shares of Great Southern Bancorp from a hold rating to a buy rating and set a $59.00 target price for the company in a research report on Wednesday, June 21st. Keefe, Bruyette & Woods reissued a hold rating and set a $53.00 target price on shares of Great Southern Bancorp in a research report on Friday, July 21st.

Great Southern Bancorp (NASDAQ GSBC) traded up 0.84% during mid-day trading on Friday, reaching $48.10. The company had a trading volume of 8,611 shares. The company’s 50 day moving average is $52.14 and its 200 day moving average is $50.95. Great Southern Bancorp has a 52-week low of $38.35 and a 52-week high of $56.70. The stock has a market capitalization of $675.13 million, a price-to-earnings ratio of 13.48 and a beta of 1.08.

Great Southern Bancorp (NASDAQ:GSBC) last posted its quarterly earnings results on Wednesday, July 19th. The financial services provider reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.37. Great Southern Bancorp had a net margin of 22.84% and a return on equity of 11.62%. The firm had revenue of $53.70 million during the quarter, compared to the consensus estimate of $49.78 million. Equities analysts predict that Great Southern Bancorp will post $3.57 earnings per share for the current year.

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In other Great Southern Bancorp news, Director William V. Turner sold 5,000 shares of the business’s stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $52.73, for a total value of $263,650.00. Following the transaction, the director now directly owns 173,853 shares in the company, valued at $9,167,268.69. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William V. Turner sold 10,800 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $52.76, for a total transaction of $569,808.00. Following the completion of the sale, the director now directly owns 173,853 shares in the company, valued at approximately $9,172,484.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,851 shares of company stock worth $836,004. 23.78% of the stock is owned by corporate insiders.

Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new stake in Great Southern Bancorp during the fourth quarter worth $850,000. State Street Corp raised its position in shares of Great Southern Bancorp by 5.9% in the fourth quarter. State Street Corp now owns 211,085 shares of the financial services provider’s stock worth $11,535,000 after buying an additional 11,784 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Great Southern Bancorp by 3.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 582,963 shares of the financial services provider’s stock worth $31,859,000 after buying an additional 21,181 shares during the last quarter. Highbridge Capital Management LLC raised its position in shares of Great Southern Bancorp by 94.4% in the fourth quarter. Highbridge Capital Management LLC now owns 9,904 shares of the financial services provider’s stock worth $541,000 after buying an additional 4,809 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of Great Southern Bancorp by 2.7% in the first quarter. Bank of Montreal Can now owns 17,772 shares of the financial services provider’s stock worth $898,000 after buying an additional 459 shares during the last quarter. 39.91% of the stock is currently owned by institutional investors and hedge funds.

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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